If the aggregate cash in your fluid savings account grows up to $8,000, consider buying ETFs proposed by MoneySense in your TFSA. One proposal is a four-way split in:
- Canadian Equities e.g. HXT
- US Equities e.g. HXS
- International Equities e.g. XEF
- Fixed Equities e.g. ZAG
ETFs need to be re-balanced every year to keep the risk balanced, yes more work for you. Sellery at MoneySense outlines the balancing method in this 1 minute video.