I would like to diversify my ETFs portfolio and i'm not too sure if i'm doing it right?

Hi Anon,

I think your ETF portfolio itself is fine! Those are 2 good ETFs to own. However, do note that since you're also invested in Syfe and SA, you more than likely have significant overlap in terms of a world ETF. If that's what you want, then that's fine. Otherwise, you may want to consider cutting down on one of them (perhaps a Robo due to the fees).

Also, another thing to note would be how much you pay in fees for your RSPs as a % of your investment. Ie if you RSP $100 and pay $1 in fees, that's a 1% fee which is quite high, in which case you're better off using a Robo as of now until you can set aside a bigger amount, or if you shift some of your allocations from Robos to the RSP.

Hope this helps & all the best!

Regards,

thefrugalstudent

Actually why not just focus on your Robo-advisors if you starting base is not high. (Eg $100 to $200) a month.

Diversification to me only would make sense at any amounts larger than $10,000 because of the concept around "don't putting eggs in one basket" holds true.