Q: Hi Team 5I:
As a proponent of the "growing dividend" investment approach, I was thinking of ZDV (BMO CANADIAN DIVIDEND ETF) as a one stop, park it and forget it, purchase for all of my 18 year old child's newly created TFSA with $5,500 in it. Any concerns (other than the fee)? Any suggested alternatives, given the objectives?
Many thanks, Rick.
As a proponent of the "growing dividend" investment approach, I was thinking of ZDV (BMO CANADIAN DIVIDEND ETF) as a one stop, park it and forget it, purchase for all of my 18 year old child's newly created TFSA with $5,500 in it. Any concerns (other than the fee)? Any suggested alternatives, given the objectives?
Many thanks, Rick.
