I've got $70k to invest and for the last 2-3 months I've been deeply researching how to invest. Planning on picking up the new version of the Wealthy Barber this week.
I'm going to keep it simple, stupid for 2026 to get started. I'm in my 40s, no debt, planning to hopefully buy a house in the next 5-10 years but no problem renting if not.
|Account|Amount|ETF|Percentage %|
|:-|:-|:-|:-|
|FHSA|$8,000|VBAL|11.5%|
|TFSA|$40,000|VGRO|57%|
|RRSP|$22,000|VEQT|31.5%|
I'm utilizing $30,000/year within FHSA/RRSP for tax deduction as I am making $130k/year.
I've also got a $30,000 cash fund for any type of emergencies, I could put this in a [CASH.TO](http://CASH.TO) or something similar.
My thinking is, I do not know how I will react if there's a market correction, so forcing VEQT in my RRSP and not touching it feels right. VGRO in my TFSA for some bond protection and this will be my largest holding.
I will be investing an additional $4000/month into my TFSA. I will top off my FHSA and RRSP sometime in 2026 for tax deductions, again in the amount of $30,000.
Is this a safe-ish start for a beginner investor?