Initial Value $41,000.00
December 18, 2016
Update Value $66,953.71
November 28, 2019
We created a portfolio for Tax-Free Savings Accounts in May 2015. The goal was to generate cash flow in the 5% range for TFSA accounts, with reasonable risk.
This portfolio has performed very well for us, with an average annual compounded rate of return of 11.5% at the time of our last update in November and cash flow in excess of our target.
However, over time our High-Income Portfolio, reviewed in the last issue, has become very similar to the TFSA Portfolio in terms of goals and assets held. As well, Richard Croft offers his own Traditional Income and Enhanced Income Portfolios elsewhere in this issue.
It is redundant to track all these portfolios. We will discontinue coverage of the TFSA Income Portfolio and retain the High-Yield Portfolio, which I will track. Richard will revisit his Income Portfolios periodically.
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