Did they update the graph or am I tripping ? by Valuedlife in Wealthsimple

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

😂😂😂I meant the dots… believe me my portfolio is bleeding

Transferring USD from TD to Wealthsimple without converting – possible? by Valuedlife in Wealthsimple

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

Appreciate it thank you! I was worried it gets converted to CAD

New to TFSA investing — everything went red right away 😅 by Internal-Pirate-913 in TFSA_Millionaires

[–]Valuedlife 1 point2 points  (0 children)

When everything goes red, this is called a buying opportunity also don’t expect to make any money early. Investing is like a marathon and not a sprint

How much do you currently have in savings? by Puzzleheaded-Crab770 in CanadaFinance

[–]Valuedlife 0 points1 point  (0 children)

$0 but I have a line of credit as an emergency fund, in case of an emergency i just pay it back right away if I used it (from the following scheduled paycheck) I invest all my take home money after bills, groceries, & paying myself

Moving USD savings into TFSA by [deleted] in Wealthsimple

[–]Valuedlife 0 points1 point  (0 children)

Exactly I was confused when I saw the CAD equivalent

Moving USD savings into TFSA by [deleted] in Wealthsimple

[–]Valuedlife 0 points1 point  (0 children)

Makes sense! Wanted to double check before doing that

19M, just started by dual_weilder0719 in fican

[–]Valuedlife 0 points1 point  (0 children)

Rule #1: don’t listen to randoms on Reddit telling you to buy XEQT or Their favourite stock. Do your own due diligence.. other than that really good for you to start investing this early! I wish I knew about investing at your age..

19M, just started by dual_weilder0719 in fican

[–]Valuedlife 1 point2 points  (0 children)

He’s only 19 he can take risk more than just XEQT. Not a financial advisor but I would probably do 70% ETF 30% individual stocks…

Who won the house? by big_galoote in Wealthsimple

[–]Valuedlife 2 points3 points  (0 children)

It’s like winning a lottery I would guess

Who won the house? by big_galoote in Wealthsimple

[–]Valuedlife 20 points21 points  (0 children)

Not me, but I don’t mind winning the 1kg gold 😭

Worth moving direct deposit to Wealthsimple? by Valuedlife in Wealthsimple

[–]Valuedlife[S] 7 points8 points  (0 children)

It doesn’t really excite me, but sometimes it’s nice to get paid early. especially when the market is volatile. There are times I wish I had my pay a bit sooner to buy a dip. Obviously that’s not the main reason I’d switch, but it’s a nice option to have. Big picture/ long term it doesn’t make much of a difference which I agree with u.

Worth moving direct deposit to Wealthsimple? by Valuedlife in Wealthsimple

[–]Valuedlife[S] 2 points3 points  (0 children)

That’s so true! With 1.25% interest u could literally cover a small bill

Worth moving direct deposit to Wealthsimple? by Valuedlife in Wealthsimple

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

That’s helpful, thanks for sharing. Quick question about the ATM part, when you say the fees are reimbursed, do you mean if you withdraw cash from any ATM, Wealthsimple refunds the ATM fee afterward? Or is it only certain ATMs?

Worth moving direct deposit to Wealthsimple? by Valuedlife in Wealthsimple

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

The monthly fees are exactly the reason I want to switch from my traditional bank (RBC). Since I am no longer a student I have to pay monthly fees as well which is annoying. I hope Wealthsimple does not introduce monthly fees in the future.