What's your time horizon?
What's your risk tolerance?
Certified Financial planners will probably recommend a 60/40 portfolio.
Many now are suggesting staying away from the 40% bonds because of impending Bond crisis(debt).
I would recommend maxing out your RRSP, and rolling your tax return into TFSA.
This is what I would do...but I am not a CFP....so caution on taking this advice.
Right now I would recommend 10% physical Gold and Silver in form of CEF(Sprott Fund).
40% cash. ( In case of deflation). If there is a correction or crash you can buy the bottom.
I would also recommend 5% B.M.O etf ZTL (U.S Long term Treasuries).
5% in B.M.O ETF ZTS ( U.S Short term Treasuries.)
I am NOT a USD bull but in case of crash that's where the world runs.
I would put 10% in Bitcoin etf BTCC, just launched on Thursday.
The rest would be put into a Base Metals ETF, Gold and Silver miners ETF, maybe an India,( emerging markets ETF).
I think we could see Deflation followed by rapid inflation in 2021.
You need to protect against both those scenarios....
Gold and Silver miners have never been this cheap....
Also Commodities super cycle might come in a small window...1-1.5 years....before we get Economic Depression?
No one really knows....
As long as the FED keeps printing and injecting liquidity into markets these bubbles could keep going!!
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