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Newbie Investor Question: Switching from VGRO to VEQT?
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Hello PFC,

I've been constantly contributing funds into VGRO for the last 2 years. The last 2 years made me realize that I am willing to take on more risk and would like to go 100% equities. My time horizon is 15 years (I am currently 27 years old) as this will be my retirement fund or whenever I need it after the 15 years minimum.

Currently I have 20k in VGRO in Questrade TFSA with lots of contribution room. My VGRO has about 9% unrealized gains. What would be the most optimal way for me to switch over to VEQT? Should I not be overthinking it and just sell all my shares and buy as much VEQT all in one transaction?

Thank you in advance!

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Posted
3 years ago