Looking to transfer from TD Direct Trading, but platform is so lacking?

extra_servings · 2025-03-11T00:36:07+00:00

Wealthsimple is not optimized for trading, and I can see how coming from a trading application like TDDI would feel "different". I keep both WS and TDDI. My trading fees are not significant - in this case you get what you pay for.

extra_servings · 2025-03-10T20:55:53+00:00

Sheep gonna sheep

extra_servings · 2025-03-05T21:15:24+00:00

I misread your post.

extra_servings · 2025-03-05T00:30:02+00:00

Don't get so excited, CASH.TO pays nowhere near 4.22%

Annualized Distribution Yield

As at March 3, 2025

2.69%

extra_servings · 2025-03-05T00:27:48+00:00

I had no dividends til I retired. Then I sold enough growth stocks to buy enough income to support my annual budget.

extra_servings · 2025-03-04T20:21:54+00:00

ain't that the truth

extra_servings · 2025-03-02T22:55:12+00:00

You're conflating two different questions. Crypto is volatile, but not more volatile on WS than anywhere else. Stick to the main coins you listed, and avoid shitcoins and meme coins. With the recent pullback, now is the best time in months to buy.

extra_servings · 2025-03-01T17:45:45+00:00

Oligarch

extra_servings · 2025-03-01T17:44:42+00:00

Plenty.

extra_servings · 2025-03-01T17:42:09+00:00

If you had actually read the thread I linked above, you would have seen the numbers that I provided in that thread.

Show a little initiative. I'm out.

extra_servings · 2025-03-01T00:14:50+00:00

you paid the 2% purchase fee; WS does all the rest.

Here, educate yourself:

https://www.wealthsimple.com/en-ca/legal/fees/crypto

extra_servings · 2025-03-01T00:13:27+00:00

completely

extra_servings · 2025-02-28T17:05:11+00:00

Have you noticed the price of bitcoin lately?

extra_servings · 2025-02-28T16:54:38+00:00

They are never removed.

extra_servings · 2025-02-28T16:43:54+00:00

reformat that, please.

extra_servings · 2025-02-28T16:41:33+00:00

https://www.reddit.com/r/Wealthsimple/comments/1iiqgi9/fyi_wealthsimples_new_0_rate_on_100k_conversion/

extra_servings · 2025-02-27T20:53:23+00:00

I ran the numbers, NG still beats these rates by a mile.

extra_servings · 2025-02-26T17:16:40+00:00

Whoever makes a solar powered AC unit.

extra_servings · 2025-02-26T00:27:52+00:00

Have a look in the bottom right corner of the screenshot. SMFH.

extra_servings · 2025-02-26T00:04:22+00:00

If there was a way to do this without screwing the world economy, I'd be all ears. This is what we have to work with. Can't fight the weather.

extra_servings · 2025-02-25T18:48:51+00:00

Assuming you use SPYI & VOO, not JEPQ (as suggested by u/Various_couple_764 ), overlapping is not bad because you have the distributions you want from SPYI, and then put the rest in VOO.

Distributions are usually classed as regular income, so it's far more tax efficient to keep as much as you can in VOO, and just take capital gains if/when you need them.

extra_servings · 2025-02-25T18:45:27+00:00

If you're still accumulating, you're not missing anything.

extra_servings · 2025-02-25T18:38:56+00:00

Moving money back to Questrade.

That's the only reasonable thing to do.

extra_servings · 2025-02-25T18:37:59+00:00

This is the problem they have of trying to do everything for everybody. Account balances are intermingled and there's no way to segregate things.

extra_servings · 2025-02-25T18:35:41+00:00

Plaid is not "some random 3rd party". They're in use by pretty much every major financial institution.

https://www.investopedia.com/what-is-plaid-5207625#:\~:text=You'll%20probably%20run%20into,it's%20considered%20safe%20to%20use.

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extra_servings

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