(7/7)
I've laid out this entire playbook on a single page. It shows you exactly how to switch, what ETF to pick for your risk level, and how to do it all for $0 in commissions.
Get the free, step-by-step Canadian guide here:
www.icaninvest.ca
#CdnFinance #Investing #PersonalFinance #TFSA #RRSP
(6/7)
You can break the cycle in less than an hour.
1) Open a TFSA/RRSP at a zero-commission brokerage.
2) Fund the account.
3) Buy a single all-in-one ETF.
4) Set up automatic contributions.
You will immediately be ahead of 97% of "professionally" managed money.
(5/7)
The simple alternative is a low-cost, all-in-one ETF (like XEQT or VGRO). The cost is around 0.2%.
That's 10 times cheaper for what is historically a better outcome. Your bank knows this, but sells their expensive funds for their own profit.
(4/7)
Think about that. 97 out of 100 professionals took your 2% fee and delivered a worse result than you could have gotten by simply buying a basic, low-cost index fund and doing nothing.
(3/7)
The proof comes from the SPIVA Canada Year-End 2023 report, which tracks professional fund manager performance.
The report reveals that over the last 10 years, 97% of Canadian equity fund managers failed to beat the simple market index.
(2/7)
They put you in their in-house "Balanced" mutual fund, charging you ~2% per year for their "expert" management.
This 2% fee is a catastrophic leak in your financial future. It's not a one-time cost; it's a permanent tax on your growth.
Your bank's financial advisor is likely committing financial malpractice on your portfolio. And it's perfectly legal.
Here's the one statistic they pray you never learn. A thread 👇
(1/7)
Looking for the top ETFs in Canada? @moneysense.bsky.social has an updated list for 2024/2025. A great starting point for your research, especially if you're aiming for low-cost investing! #ETFS #InvestingCanada #DIYInvesting #Finance Check it out:
www.moneysense.ca/save/investi...
Well said. Makes no sense.
New look for iCanInvest.ca! ✨ Updated the UI to make navigating low-cost ETF investing in Canada even easier. Hope you like the refresh! 🌱🇨🇦
icaninvest.ca
#Cdnpoli #Investing #ETFs #PersonalFinance #Canada
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Take a look here if you want to compare RBC mutual funds to an all in one ETF at a low/no fee brokerage
www.icaninvest.ca
If you'd like to see a comparison of Royal Bank (which has the same issues as TD) mutual funds compared to all in one ETFs at a low/no fee brokerage, check this out: www.icaninvest.ca
They should be thinking about leaving the big banks.
Wealthsimple has been leading the way for years.
Stay in Canadian dollars:
/JustBuyXEQT.
New to investing? 🌱 Simplify your finances with low-cost ETFs! 💰 They offer instant diversification and professional management without the high fees. Get started today: www.icaninvest.ca #Investing #ETFs #Finance #Canada 🇨🇦
Canadians waking up to mutual fund fees!
XGRO vs VGRO vs ZGRO vs RBC Mutual fund: A Comprehensive Comparison for Canadian Investors!
#ETFs #CanadianETFs #XGRO #ZGRO #VGRO #diyinvesting #Investing #DIY
