Ajay, a 28-year old, has been working for a software firm since he graduated from Seneca College five years ago. He has no debt and lives with his parents, so he's able to allocate a substantial portion of monthly income to his RRSP and TFSA. He intends to use the TFSA funds for an extended vacation next year and the RRSP for retirement. What is the portfolio allocations are most suitable for him?

Answer rating: 100% (QA)

Portfolio Allocation for Ajay Ajays investment goals and risk tolerance play a key role in determining suitable portfolio allocations for his TFSA and ... View the full answer