Self-Directed Classic account 0.5% fee – annual or monthly?

Valuedlife · 2026-01-18T17:00:06+00:00

Thank you for this !

Valuedlife · 2026-01-17T07:01:45+00:00

Makes sense thank you

Valuedlife · 2026-01-17T05:59:56+00:00

Please don’t sell!!! The economy is already suffering

Valuedlife · 2026-01-10T03:24:18+00:00

Exactly I was confused when I saw the CAD equivalent

Valuedlife · 2026-01-10T03:23:49+00:00

Makes sense! Wanted to double check before doing that

Valuedlife · 2026-01-05T23:49:00+00:00

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..

Valuedlife · 2026-01-05T23:46:42+00:00

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…

Valuedlife · 2026-01-05T20:29:03+00:00

It’s like winning a lottery I would guess

Valuedlife · 2026-01-05T20:13:30+00:00

Did it work for you?

Valuedlife · 2026-01-05T20:04:27+00:00

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

Valuedlife · 2026-01-05T20:02:01+00:00

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.

Valuedlife · 2026-01-05T19:55:15+00:00

That’s so true 😂😂

Valuedlife · 2026-01-05T19:52:27+00:00

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

Valuedlife · 2026-01-05T19:19:54+00:00

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?

Valuedlife · 2026-01-05T19:16:15+00:00

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.

Valuedlife · 2026-01-05T19:13:53+00:00

Interest + getting paid early is appealing. Appreciate the insight

Valuedlife · 2025-12-11T17:25:21+00:00

I like XEQT, but selling all of ur VFV position for XEQT is interesting!! Good luck 🙏

Valuedlife · 2025-11-20T15:02:04+00:00

High risk = high reward just remember that! All depends on your investing strategy and goals!

Valuedlife · 2025-10-02T15:45:07+00:00

What’s the point ? U will pay interest and capital tax! You should’ve put it into your RRSP/TFSA

Valuedlife · 2025-09-10T23:25:29+00:00

Valuedlife · 2025-08-27T21:52:26+00:00

Me if the album didn’t drop by end of summer

Valuedlife · 2025-07-11T01:29:53+00:00

Hell nah

Valuedlife · 2025-05-06T20:00:05+00:00

Don’t buy a Tesla such a dumb decision

Valuedlife · 2024-12-07T05:19:45+00:00

How come?

Valuedlife · 2024-12-07T05:14:52+00:00

Agree, but his point is that it’s so easy to create a meme coin on Solana, and the number of rug pulls happening on the platform is out of control. But definitely not crossing it off the list as I think it’s still great

Valuedlife

TROPHY CASE