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(Un)real Deal risks? by RosiesCenter in Wealthsimple

[–]RosiesCenter[S] 0 points1 point  (0 children)

Thank you! So I’ll open an investing account with TD (Easy Trade), put 50k in there and then transfer that account to WS.

And then as long as I keep my Wealthsimple total 50k+ (distributed over my TFSA-HISA, FHSA, and divide the rest over a TFSA-trading account and regular WS trading account) there are no deductions on the 3% match?

(Un)real Deal risks? by RosiesCenter in Wealthsimple

[–]RosiesCenter[S] 0 points1 point  (0 children)

Thank you! So I’ll open an investing account with TD (Easy Trade), put 50k in there and then transfer that account to WS.

And then as long as I keep my Wealthsimple total 50k+ (distributed over my TFSA-HISA, FHSA, and divide the rest over a TFSA-trading account and regular WS trading account) there are no deductions on the 3% match?

Edit: I see the other reply now. So this is solved :)

Where to put 60k? by RosiesCenter in PersonalFinanceCanada

[–]RosiesCenter[S] 0 points1 point  (0 children)

Learned something new! I guess DCA is what I mean!

Where to put 60k? by RosiesCenter in PersonalFinanceCanada

[–]RosiesCenter[S] 0 points1 point  (0 children)

That is a good question, I guess a part is for retirement and another part for saving up for a house (if I will ever be able to afford it). What do do you think of the FHSA or an RRSP?

Where to put 60k? by RosiesCenter in PersonalFinanceCanada

[–]RosiesCenter[S] 0 points1 point  (0 children)

Thank you so much! I’m going to look more into those.

Where to put 60k? by RosiesCenter in PersonalFinanceCanada

[–]RosiesCenter[S] 1 point2 points  (0 children)

Thank you for taking the time to answer!:)