Download as pdf or txt
Download as pdf or txt
You are on page 1of 3

how can i invest in eft

Copilot
Investing in Exchange-Traded Funds (ETFs) is a great way to diversify your portfolio and
potentially earn returns. Here are some options for investing in ETFs:
1. Robo-Advisors:
o If you’re new to investing or prefer a hands-off approach, consider using a robo-
advisor. These automated platforms create and manage a diversified portfolio of
ETFs based on your risk tolerance and financial goals. They charge management
fees, but it’s usually lower than traditional advisors.
o Wealthsimple is a popular robo-advisor that offers personalized portfolios
containing ETFs. You can get started with as little as a dollar1.
2. Brokerage Accounts:
o If you’re familiar with financial markets and want more control, open a brokerage
account. Major brokerages allow you to buy any existing ETF, not just their
proprietary ones. However, they may charge fees for each trade.
o Wealthsimple Trade is a commission-free trading platform where you can buy
and sell ETFs directly1.
3. Traditional Financial Advisors:
o Advisors can guide you in choosing the right ETFs for your needs and portfolio.
However, their fees can be relatively high (often over 2% annually) and are
charged on top of the ETF fees.
o Consider this option if you value personalized advice but are willing to pay higher
fees.
4. Automated Online Investment Services:
o These services combine the benefits of robo-advisors with lower management
fees. They offer guidance similar to traditional advisors but at a more affordable
cost.
o Again, Wealthsimple provides this service, combining technology, low fees, and
personalized support1.

Remember to research ETFs, understand your risk tolerance, and choose an approach that aligns
with your financial goals. Happy investing! �
1. Related to: how to invest in ETF
Ads

Invest In Funds You Value - Invest In What You Value


Browse through our mutual fund & ETF products based on a range of filters and criteria. A
broad range of mutual funds to help investors achieve their financial goals.

https://www.fidelity.ca
En savoir plus

1 wealthsimple.com2 bing.com3 forbes.com4 money.ca


Vous
difference between wealthsimple and questtrade

Page 1 sur 3
Copilot
Both Wealthsimple and Questrade are excellent options for Canadian investors, but they have
some key differences. Let’s explore them:
1. Wealthsimple:
o Robo-Advisor: Wealthsimple is Canada’s most popular online robo-advisor.
Founded in 2014, it manages over $15 billion in assets.
o Investment Portfolios: Wealthsimple offers managed investment portfolios that
follow a passive strategy based on Nobel Prize-winning research. These low-cost
ETF portfolios cater to investors with varying risk tolerances (conservative,
balanced, growth, or aggressive).
o Hassle-Free: Set up your portfolio, and Wealthsimple takes care of the rest year
after year.
o Wealthsimple Trade: For DIY investors, Wealthsimple Trade is a commission-
free online brokerage where you can buy and sell thousands of stocks and ETFs.
o Wealthsimple Cash: They also offer Wealthsimple Cash, a free hybrid account
with saving and chequing features.
o Promo Code: If you open an account with Wealthsimple Invest, you can get a
$25 cash bonus1.
2. Questrade:
o Low-Cost Trading: Questrade has been around for over 20 years and introduced
low-cost trading commissions for everyday Canadian investors.
o Assets Under Management: With over $30 billion in assets under management,
Questrade is the fastest-growing independent brokerage in Canada.
o Access to Market Data: Questrade provides free real-time market data.
o Robust Trading Capabilities: Questrade is ideal for beginner and active traders
who want to save on fees while accessing robust market data and research tools.
o Questwealth Portfolios: Questrade now offers its own competitive robo-advisor
service called Questwealth Portfolios.
o Promo Code: If you open an account with Questrade, you can get $50 in free
trades1.

In summary:

• Wealthsimple is great for automated robo-advisor investing and offers a commission-


free online brokerage.
• Questrade is ideal for traders who want access to market data, research tools, and low-
cost trading options.

Choose the one that aligns with your investment goals and preferences! �
En savoir plus

1 savvynewcanadians.com2 moneysense.ca3 wealthrocket.com


3sur30
Afficher les suggestions En savoir plus

• What are the fees for Wealthsimple Trade?

Page 2 sur 3
• Can I transfer my existing investments to Questrade?
• Which one has better customer service?

Page 3 sur 3

You might also like