Question re investing via bank manager vs Questrade
I recently started wondering whether it's better for me to deal with Questrade vs a bank manager.
Reason is:
I deal with an RBC bank manager who seemed to only have a general knowledge of the funds being offered and she and I each chose a fund, but the one I bought ended up having 31% gains vs her measly 5-6% gains. Also, once they're bought it seems like nothing is being done about them, no movement of the funds. Some are RRSPs and others are investment funds. And sometimes people go and you get new investment managers.
A TD manager said he would look out for my account if I bought precious metals funds.
I'm wondering whether it's better for me to deal with my own funds since I would have more of a vested interest in them. Also, I would be watching out for them.
I was thinking Questrade. What do you guys with experience recommend?
Reason is:
I deal with an RBC bank manager who seemed to only have a general knowledge of the funds being offered and she and I each chose a fund, but the one I bought ended up having 31% gains vs her measly 5-6% gains. Also, once they're bought it seems like nothing is being done about them, no movement of the funds. Some are RRSPs and others are investment funds. And sometimes people go and you get new investment managers.
A TD manager said he would look out for my account if I bought precious metals funds.
I'm wondering whether it's better for me to deal with my own funds since I would have more of a vested interest in them. Also, I would be watching out for them.
I was thinking Questrade. What do you guys with experience recommend?