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I've got friends in the Canadian version, WealthSimple. They've got some pretty good writers that put out articles related to money and saving and what-have-you
by mabbo 9y ago
I've got friends in the Canadian version, WealthSimple. They've got some pretty good writers that put out articles related to money and saving and what-have-you and wrote this one a little while back:
https://www.wealthsimple.com/en-ca/magazine/data-downturn https://www.wealthsimple.com/en-ca/magazine/data-downturn
They really seem to want to help educate their customers. Of course, they want to do this because the more educated they are on the matter, the less likely they'll pull their money out.
- Simon_says 9y agoLaughable. If the customers were better educated they wouldn't put their money in WealthSimple.
- mabbo 9y agoI don't see why you say that. I'm quite happy as a customer. I pay a low fee (by Canadian standards) to have my money automatically balanced between ETFs. I could do it myself, but A: I might make mistakes, and B: I have to pay attention to it. They don't claim they're doing rocket science.
- Simon_says 9y agoI'm unfamiliar with what a low fee by Canadian standards is. Maybe in Canada it's a good deal. My comments were US-centric. Sorry, I should have realize that it should be compared to other Canadian options.