New Potato on the Block - Questions about CCP investing
If you use a brokerage account like Questrade, where there is no commission on the recommended potato ETFs, why would small contributions pose a problem? Am I missing some sort of fee?
Myself and my husband (both 28 this year) are used to contributing small amounts (~$350 each per month) into an RBC aggressive growth mutual fund in our TFSAs. After 2 years of this, a lightblulb switched on and we are ready to dump the 2% MER and commit to index investing strategy for our retirement (30+ years).
At the very least we will start sending our money to Wealthsimple, but I'm wondering if we can't manage ETFs ourselves at a place like Questrade. Just when I think I have it figured out, I read a piece of advice that seems to steer me away.