Investing in mutual funds @ TD bank

[WildHunter]

Hello,

Did anyone have an experience investing with TD bank in mutual funds?

I know there are other platforms out there for investing. But I want to specifically know about TD bank, how was the overall experience and the returns with it.

Thanks.

 

[S416905]

Hello,

Did anyone have an experience investing with TD bank in mutual funds?

I know there are other platforms out there for investing. But I want to specifically know about TD bank, how was the overall experience and the returns with it.

Thanks.

Mutual funds are for suckers. Manage your own portfolio and buy some ETF's that are well diversified

 

[angrymime666]

TD e series offers .5 or less mers

 

[WildHunter]

Mutual funds are for suckers. Manage your own portfolio and buy some ETF's that are well diversified

The thing is I don't have much experience to step into this world . Plus being an international student I'm on a budget constraint and don't want to take higher risk of investment at this time.

 

[WildHunter]

TD e series offers .05 or less mers

Since TD will handle the investments, wanted to know if its a nice option for now since I cannot take higher risk at this stage of my life.

 

[kyleb899]

Mutual funds are for suckers. Manage your own portfolio and buy some ETF's that are well diversified

Lol how do you buy Etfs

 

[HungSowel]

Lol how do you buy Etfs

I suggest wealth simple

 

[kyleb899]

I suggest wealth simple

Is it free to sign up, how much I need to buy,

 

[S416905]

Is it free to sign up, how much I need to buy,

You need to do a little research on your own lol. But yes it's free to sign up. No commission. And you can even buy fractional shares so you can set it up to buy whatever amount you want to invest daily weekly or monthly

 

[kyleb899]

You need to do a little research on your own lol. But yes it's free to sign up. No commission. And you can even buy fractional shares so you can set it up to buy whatever amount you want to invest daily weekly or monthly

How much money i can make from Etfs

 

[jeff2]

Thank goodness discount brokers can no longer collect trailing commisions.

 

[HungSowel]

How much money i can make from Etfs

Popular ETFs like VDV, XEQT,VDY will probably return ~10% per year during normal times.

Wealth Simple ontop being a good place to purchase ETFs and Stocks also has good interest rates on cash accounts, you can get a 6% interest rate currently if you meet their requirements. If the market is too volatile or downtrending then put the money in a cash account and collect interest that is at least as good as GICs.

 

[Zoot Allures]

Mutual funds are for suckers. Manage your own portfolio and buy some ETF's that are well diversified

100% google warren buffet and index funds

Mutual funds charge way too much and do not beat the market after they take their commission ,
none of them as it is all smoke and mirrors

An index guarantees to match the market for much lower cost

 

[stinkynuts]

How much money i can make from Etfs

Go the TD branch and open a brokerage account which allows you to buy stocks. Buy VOO (Vanguard S&P Index fund), and nothing else, since you are new. It should return about 10% a year on average. There will be bad runs where it's down, but don't sell. Keep buying more and more shares every time you save some money. The compounded growth should leave you with a nice nest egg.

 

[angrymime666]

Go the TD branch and open a brokerage account which allows you to buy stocks. Buy VOO (Vanguard S&P Index fund), and nothing else, since you are new. It should return about 10% a year on average. There will be bad runs where it's down, but don't sell. Keep buying more and more shares every time you save some money. The compounded growth should leave you with a nice nest egg.

Add to that a pre authorized contributions to utilize dollar cost averaging . Pay yourself first.

 

[Zoot Allures]

Go the TD branch and open a brokerage account which allows you to buy stocks. Buy VOO (Vanguard S&P Index fund), and nothing else, since you are new. It should return about 10% a year on average. There will be bad runs where it's down, but don't sell. Keep buying more and more shares every time you save some money. The compounded growth should leave you with a nice nest egg.

Caveat is you should have backup money in GICs in case of a downturn so you can leave S&P
money sit if it has gone south and wait for rebound

 

[littleguyzz]

Here"s what you do.

Open a TD Web Broker trading account at no cost.

Buy TD Bank stock as the trading charge is only $9.99 no matter the volume purchased. No fees like you have with mutual funds.

TD stock pays a good dividend , appreciates in value and occasionally splits.

If our Canadian banks go down the whole world is doomed as our banks are the safest investment partially due to government rules for liquidity.

Personally if you buy bank stock I would also buy Royal Bank stock as its one of the strongest banks in the world.

 

[TomFord1980]

Lol how do you buy Etfs

Wealth simple is easiest

 

[TomFord1980]

Here"s what you do.

Open a TD Web Broker trading account at no cost.

Buy TD Bank stock as the trading charge is only $9.99 no matter the volume purchased. No fees like you have with mutual funds.

TD stock pays a good dividend , appreciates in value and occasionally splits.

If our Canadian banks go down the whole world is doomed as our banks are the safest investment partially due to government rules for liquidity.

Personally if you buy bank stock I would also buy Royal Bank stock as its one of the strongest banks in the world.

TD is the most heavil

Here"s what you do.

Open a TD Web Broker trading account at no cost.

Buy TD Bank stock as the trading charge is only $9.99 no matter the volume purchased. No fees like you have with mutual funds.

TD stock pays a good dividend , appreciates in value and occasionally splits.

If our Canadian banks go down the whole world is doomed as our banks are the safest investment partially due to government rules for liquidity.

Personally if you buy bank stock I would also buy Royal Bank stock as its one of the strongest banks in the world.

Are you a financial advisor or just play one on TV?

 

[jeff2]

Here"s what you do.

Open a TD Web Broker trading account at no cost.

Buy TD Bank stock as the trading charge is only $9.99 no matter the volume purchased. No fees like you have with mutual funds.

TD stock pays a good dividend , appreciates in value and occasionally splits.

If our Canadian banks go down the whole world is doomed as our banks are the safest investment partially due to government rules for liquidity.

Personally if you buy bank stock I would also buy Royal Bank stock as its one of the strongest banks in the world.

There is this theory to buy the laggards in the cartel and they eventually catch up. Has not been working with BNS. Not sure what the scorecard is with CIBC.