Friday, November 27, 2015

Do you think TSE: VFV is a good ETF to invest in for 10 years or more?

Hello everyone, I am a Canadian investor that is looking to drop a few thousand (~5k) on an ETF (VFV on the TSE). I think VFV is a good investment, as it has returned approximately 100% in the last 3 years. I am thinking of holding this stock for at least 10 years. (I am new to investing, and while I wish I could just invest in an index fund and let the money sit for the rest of my life and grow at 10%/yr, it seems that index funds do not last for 65+ years. So, I think 10 years is a reasonable amount of time.) Would you guys say this is a safe investment? Additional information - The average 1 year return on this ETF is 21.62% (this seems extremely high to me, so I presume that its price will rise about 10% per year over the span of 10 years). While I think a company like KO or Johnson and Johnson might be a good investment, since they are sold only in US markets, I think the exchange rate (I pay $1.40 CAD for $1.00 US) is too high right now.



Submitted November 27, 2015 at 08:24PM by kelseynealon http://ift.tt/1lPiani

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