Total Return + Income strategy for a Canadian


So currently my TFSA & RRSP (Roth IRA equivalent) are essentially 100% XEQT (equivalent to VT). I also have Taxable CAD and USD Margin accounts, and I was wondering about turning those accounts into “income portfolios”, rather than doubling down on the Total World approach again.

My thought process is that I can compound the dividends for the next 20+ years, and they would supplement my income in retirement.

I would do 100% VDY in the CAD Margin account, and 100% VYM in the USD margin account.

Any thoughts/criticisms to this approach?


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