You can view 0 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

iShares Russell 2000 Growth ETF (IWO $307.28)
- $307.28 P/E (TTM): 45.65X Cap: $11.97B
- View IWO Profile
- View Questions on IWO
BMO S&P 500 Index ETF (ZSP $97.94)
- $97.94 P/E (TTM): 80.87X Cap: $19.33B
- View ZSP Profile
- View Questions on ZSP
iShares Russell 1000 Growth ETF (IWF $445.26)
- $445.26 P/E (TTM): 98.77X Cap: $114.47B
- View IWF Profile
- View Questions on IWF

Q: My son is 20 yrs old just opened a TFSA has $15K to invest for 10+yrs, Looking for high growth, Fairly risk tolerant, Can you please suggest how many and what Stocks/ETF's to invest in (US and/or Canadian) to get started? Thank you.

Asked by Shane on July 31, 2025

5i Research Answer:

Starting out, we would prefer a growth-oriented ETF for diversification, such as IWF (large caps) or IWO (small caps). A general market ETF such as ZSP can also be suggested. With a small amount of capital, commissions (if applicable) can add up, and it can be hard to diversify properly with a few stocks. But we could see BN, TRI, LMN as potential stocks for conservative growth companies in a TFSA. All in, we might start with one ETF and a couple of stocks.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use