TFSA and RRSP Portfolios

Liquid’s TFSA and RRSP

Here you can see what kind of investments I hold in my Tax Free Savings Accounts and Registered Retirement Savings Plan. 

Here are the TFSA contribution limits by year.

  • 2009 – $5,000
  • 2010 – $5,000
  • 2011 – $5,000
  • 2012 – $5,000
  • 2013 – $5,500
  • 2014 – $5,500
  • 2015 – $10,000
  • 2016 – $5,500
  • 2017 – $5,500
  • 2018 – $5,500
  • 2019 – $6,000
  • 2020 -$6,000
  • 2021 -$6,000
  • Total contribution room = $75,500 

If the spreadsheet below isn’t showing, you can try to go directly to the Google docs page. 

 

Investment vehicle allocation tips:

  • TFSAs are generally good for investing in Bonds, GICs, High interest savings accounts (HISAs), Real Estate Investment Trusts (REITs), and Canadian growth stocks, such as aggressive retail chains and mining/resource companies.
  • Canadian dividend paying stocks already receive a dividend tax credit and will not significantly benefit from a tax shelter so they should be invested outside of TFSAs and RRSPs.
  • U.S. stocks, especially dividend paying ones, are generally best placed in an RRSP. Thanks to the tax treaty between Canada and the U.S. dividend distribution from a U.S. company will not face withholding tax in a Canadian RRSP.

18 thoughts on “TFSA and RRSP Portfolios

  1. Jordan @ moneymaaster.com

    Right on! Nice looking portfolio. Not sure how I hadn’t stumbled across this site earlier…but love seeing how other Canadians are doing on their investment journeys! Keep up the great work.

    Reply
  2. Zach

    Curious if you are able to reload your portfolio, I use to see the image show up, but not anymore 🙁 Love this blog btw!

    Reply
    1. Liquid Independence Post author

      The spreadsheet should be visible. Which browser are you using? I do have to update the sheet to reflect my 2019 portfolio though. There’s a few stocks I bought recently that I will add soon. 🙂

      Reply
        1. Zach

          The google doc link doesn’t work, times out, must be an issue with the link you provided. 🙂

        2. Liquid Independence Post author

          That’s strange. I gave the link to a handful of other people online, and all of them said they could open it. I’m not sure where the exact problem is, sorry.

  3. Anonymous

    Not working in chrome 🙂 I’ll check IE to see!

    Reply
  4. Jesse Appleby

    How do you keep these Market values updated in a Google Sheet, when they’re constantly changing?

    Reply
    1. Liquid Independence Post author

      If you use the formula =GoogleFinance(“stock symbol”) it will give you the most recent price for the stock. For example in cell A1 you could type =GoogleFinance(“AAPL”) and it would output Apple’s stock price.

      You can use the same concept to find out other security information from Google Finance such as a stock’s volume, earnings, historical data, and more. More details about this function here: https://support.google.com/docs/answer/3093281?hl=en&ref_topic=3105411

      Reply
  5. Jay

    Hey Liquid 👋

    Do you happen to write our your thought process for when you make individual investments, in particular stocks, REITS, bonds?

    Would be kind of cool to see things like your 2014 Dollarama purchase at $14~ / share, what you researched, how you choose dividend stocks vs longer term growth.

    Reply
    1. Liquid Independence Post author

      I usually write about my thought process on the blog. For example when I purchased Dollarama in 2014 I blogged about why I was interested in the stock. https://www.freedomthirtyfiveblog.com/2014/04/investing-thrift-dollarama.html

      Nearly all of my investments have one thing in common: they produce higher earnings year after year. I also look for market share growth, and what stock analysts say about the company.

      I generally prefer long term growth over higher yield investments because I’m still in the accumulation phase of my financial journey. But sometimes you can get the best of both options, such as with dividend growth stocks where the dividend income and stock price tends to both rise over time.

      Reply
  6. Derek

    Curious the platform you use for buying bonds. For example the sherritt bond 2021 8.0% that I believe was redeemed now.

    Reply
    1. Liquid Independence Post author

      I use TD to buy my bonds usually. The Sherritt bonds I purchased in 2014 was converted to 2 tranches of new Sherritt bonds that mature in 2024 and 2026. This was part of a debt restructure Sherritt worked out with bond holders I think. I haven’t calculated how much of a loss this means for me. I’ll let it play out for now.

      Reply
  7. Rommel

    Hi Liquid,

    Awesone site. Congratulations on your TFSA and RRSP Portfolio. I am purely a dividend growth investor. You seem to be also doing options. Is it something that folks closer to retirement beneficial to do also? Thanks.

    Reply
    1. Liquid Independence Post author

      Hi Rommel,

      Dividend growth investing is one of the best strategies to build long term wealth. Anyone who has a relatively large stock portfolio and understand the risks can consider an options selling strategy. I think it’s a great way to generate some extra income no matter what stage of life you’re in. 🙂

      Reply
  8. Lee

    Just curious as to your TFSA total as of end of 2024.

    Reply

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