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BMO S&P 500 Index ETF (ZSP $103.99)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC $54.69)
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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $48.34)
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iShares Russell 1000 Growth ETF (IWF $457.95)
Q: Grandson has $2000 to start investing with. Looking for up to 4 possible ETF’s for him realizing he has a long timeline growth would be preferred.
Thanks
Thanks
5i Research Answer:
For a long term we would side with all equities. We might only buy one ETF with a small amount, unless there is no fee on purchases at one's broker. Four buys at even $10 commission would be 2% on $2000.
ZSP: US equities; XIC: Canadian; IWF (small cap growth, listed in the US); VIU (international)