Canadian Money Forum banner

1 - 2 of 2 Posts

·
Registered
Joined
·
12 Posts
Discussion Starter #1
Hi all,

I'm just wondering if any of you have any opinions on Wealth Simple? A friend recommended them to me, and they seem to have low fees. I'm currently in a TFSA level 8 (Growth) with an 80/20 split in Equities and Fixed Income.

Any thoughts would be appreciated.
 

·
Registered
Joined
·
2,805 Posts
I think if you're not inclined to simply open an account at one of the big bank's discount brokers and buy an 80%/20% ETF such as Vanguard's VGRO or Blackrock's XGRO (who both match your allocation of 80%/20% I believe), then Wealth Simple will be a decent choice.

Understand that you will be paying much more in fees than the two ETF's I mention above, and I also understand that Wealth Simple enters into active management with its ETFs that may or may not go your way.

ltr
 
1 - 2 of 2 Posts
Top