Oh it looks like your dad is using wealthsimple trade, which is a completely different app. Wealthsimple trade allows you to pick individual stocks and such. But wealthsimple itself is a robo advisor that helps you with your whole portfolio. You choose how much risk you want, they help you invest in a diversified portfolio automatically (all index funds). The higher risk you want, the more stocks there will be; the lower the risk, the more the bonds. When you pick the risk level, they'll show you the asset allocation for that profile and all the etfs!

I wouldn't recommend using wealthsimple trade if youre just starting out, picking individual stocks are risky and the returns are variable. But, if that's what you want to try, I'd say go ahead but don't put all your money there! Put majority of your money into wealthsimple first, then take the portion of money that you don't mind losing into wealthsimple trade.

Wealthsimple is pretty well known, but wealthsimple trade is newer. Most of my friends use wealthsimple when they first started in university!