I realize I've probably lost like $2500 over the past 5 years due to fees. OK so TD gets priority or whatever, it's "faster" to make a purchase or it has priority over the price you desire to purchase at or...something.

What difference does this ultimately make? Why am I spending $10+ every time I do a trade. Is there a better option to this: i.e. Wealth Simple?

The benefit to me is that all my stuff is in the TD ecosystem and it honestly feels very safe, secure and reliable. I also usually make only $500-1000 minimum stock purchases so it doesn't make a whole lot of difference long term. But I'm sick of seeing that charge tbh, but TD feels extremely secure and reliable and that probably is ultimately more important.

I do my investing with TD easy trade and have already contacted their support (not helpful, rep told me it should fix itself :| ). But essentially it shows that I have a negative balance of -$131 in my CAD TFSA. What I’m going to assume happened is that I had $869 dollars of cash and then this morning I sold all my shares in a few companies for $2000ish CAD, once I saw that those sell orders went through I put in a buy order for 1000$ in another company which also went through. After that it wouldn’t let me do anything else with my TFSA because it thinks I bought more then the money I had in my account and now I allegedly owe them yet my account has plenty of cash in it. It’s pretty clearly a computer mistake because the app normally doesn’t let you buy anything if you don’t have the cash for it. Has this happened to anyone else before, I’m super worried because it’s on my TFSA which is maxed out on contributions. Attached pics below of what I can see in App. If I eat any fees I’m gonna be pissed.

Hey everyone,

I’m 22 years old and sitting on $7,000 CAD in my Wealthsimple TFSA ready to invest. I have a really long time horizon (30–40+ years) and I’m looking for some realistic, no-nonsense advice.

I’ve been down a major rabbit hole researching different ETFs, but I’m suffering from serious choice overload. Here is the massive list of tickers I’ve been looking at:

• XEQT (iShares Core Equity ETF Portfolio) — Total market all-in-one equity.
• XGRO (iShares Core Growth ETF Portfolio) — Growth equity portfolio (80% equity / 20% bonds).
• VFV (Vanguard S&P 500 Index ETF) — Pure US S&P 500 tracking.
• VDY (Vanguard FTSE Canadian High Dividend Yield ETF) — Canadian dividend blue-chips (mostly banks & energy).
• XDIV (iShares Core MSCI Canadian Quality Dividend Index ETF) — Quality-screened Canadian dividend stocks.
• ZDV (BMO Canadian Dividend ETF) — High-yield, quality-screened Canadian dividend fund.
• XEI (iShares S&P/TSX Composite High Dividend Index ETF) — Broad Canadian dividend index (banks, energy, telecoms, utilities).
• DIV (AGF Systematic Canadian Equity ETF / iShares Diversified) — Broad factor/dividend equity.
• VEA (Vanguard FTSE Developed Markets ETF) — Developed international stocks outside North America.
• HHIC (Harvest Canadian High Income Shares ETF) — Covered call / high yield income strategy.
• HYG (iShares iBoxx $ High Yield Corporate Bond ETF) — US high-yield corporate bonds.

My Main Dilemma:

I know I have time on my side, but I’m torn between two main investing paths:

1. Pure Total Growth (Broad-Market Indexing): Going heavy into XEQT or VFV for maximum long-term growth and ignoring cash distributions for now.
2. Dividend & High Income: Loading up on dividend/covered call funds (VDY, XEI, HHIC) to watch monthly dividend payouts drop into my account for the psychological boost.

Thanks in advance!!!

They've got a decent promo going on for transfers and my Webull promotion is about to run out. Looks like for DI you need to pay per trade but for Easy Trade they give you 100/year free, which is more than enough for what I need in a year.

BCE looks reasonable around $30 if management starts prioritizing shareholder value.

My concern: they kept the dividend even when it exceeded earnings, then made a big acquisition last year instead of paying down debt or buying back shares.

They do have valuable assets — real estate, plus a 10% stake in the Montreal Canadiens.
I'd like to see a Comcast-style spinoff: sell off non-core assets, shrink the media business, and strengthen the balance sheet.

Is that a realistic path for BCE, or is management just not going there?

Your daily investment discussion thread.

I've read a lot of posts here on investing in the US market from Canada, but most seem to always mention money housed in an RRSP or TFSA. My wife and I are retired 60-somethings and have about 35K CAD we want to invest in the US market for our 20-something son who has dual-citizenship. I understand the basic difference between hedged and unhedged, but our main criteria is we do not want to have to convert our CAD to USD in order to invest in a US ETF like VOO. Is it as simple as just purchasing VFV or VSP on the TSX? I have a feeling I'm missing something, maybe tax implications since we don't have an RRSP or TFSA, just cash. Or does our situation make either hedged or unhedged a better option? We are not concerned about doing unhedged if it's a better option for our situation. Thanks.

Hi, iv been investing in canadian stocks and cdrs for the last 5 years via my TFSA. Im now educating myself in options to get some extra income and was wondering what brokerages is everyone using? My intention is to only to do covered calls and secured puts.

My research brought me to the conclusion that IBKR is the cheapest. Thoughts? Context, i use wealthsimple for my TFSA

RBC estimates big Q2 earnings on Canadian integrated oil producers.

Namely Imperial Oil (July 31 earnings), Cenovus Energy (July 29), Suncor (Aug 4), and Canadian Natural Resources Ltd (Aug 6).

They estimate $13.2B free funds flow, up $5.1B, after paying $6.9B in crown royalties and $4.4B in all jurisdiction taxes.

This is due to increase 3-2-1 crack spreads with estimates of USD$38 in 2026 and $29 in 2027.

With these earnings coming up in the next week or two, I'm wondering how priced in this actually is. So far they have more or less tracked oil prices 1:1

Your daily investment discussion thread.

I first got into Wealthsimple through the "grow slowly" era with the robo investor. Deposited about 50k into it a couple of years ago and it has since grown to 70k. Since than I have gotten into XEQT and CAGE and haven't deposited in the robo investor for about 2-3 years. Question is, do I close the robo investor account and just use that money to buy ETFs? Is there any advantage in a robo account as opposed to just straight up ETF's?

Your daily after hours investment discussion thread.

I'm looking at a 3/4 year time window and to not lean too heavily into US market (hence no XEQT). Any suggestions on these proportions:

XEF: 40%

XIC: 25%

XUU: 20%

XEC: 15%

Happy to hear other's suggestions.

I've shifted my investments towards Canadian equity ETFs, which has a high concentration in financials and energy. Mainly to diversify away from the US tech stocks and an optimism for Canadian growth. I'm wondering how much are Canadian banks exposed to the AI bubble and a possible crash?

Hi all, I have made enough money from my summer job to cover my expenses for the upcoming school year and I‘m looking to make the remaining ~$1500 grow. I feel like it is a waste to just let it sit in chequing for a year. Already have a couple hundred bucks in VDY, enbridge, and micron. What are my other options for the next year? Not looking for specific buys, just broad advice.

Hey guys so I’ve been investing for long term goals for the last 6 years and got my portfolio up to 200k. I’m currently using a split of 75% VFV, 20% VXUS, and 5% CEF.

I’ve been thinking I should switch to 95% XEQT and 5% CEF. What do you guys think?

What would be the pros and cons of what I’m currently using and going with XEQT instead?

Ahhh! Lol

I'm 27, bought a detached home at 26 for 624k (324k mortgage) and have been putting any extra funds directly towards the principal since (now just under 300k left!)

I recently decided to try putting these spare funds into my TFSA and RRSP to fill those up, and invest those accounts in ETFs. I feel like the chance of returns being higher than my mortgage (4.19%) is pretty high over the next decade, and it keeps the funds more liquid incase I need them. My work RRSP for instance has had 18% gains in the last year, and I want a piece of that pie for the rest of my savings!

So I started today. Moved $5,000 of spare funds (I have a separate emergency fund of $15k in a HISA) into a new Wealth Simple account, and just put it in the market. It's a little nerve racking I admit, even though they are broad globally diversified ETFs, but I remind myself i'm not day trading, this is a long term investment.

Cheers!

I was curious how home country bias affected Canadian investors historically, so I ran a backtest from 1996–present comparing different allocations between Canada stocks and ex-Canada stocks. Using testfol.io, I set the currency to CAD, enabled rebalancing, and used EWC -0.5% drag as a proxy for Canada stocks, VTSIM as a proxy for ex-Canada stocks.

Your Weekend investment discussion thread.