Seeking advice for DIY Investing
Hi,
I currently bank with RBC and have about 250K in managed investment (RRSP, TFSA and other). I'd like to move to DIY investing to reduce the ever growing MERs and potentially hidden fees that I estimate about 5K/year.
More a saver than a day trader, I would typically be a passive investor and contribute to TFSA about once a year, "outside RRSP" about 4-5 times a year and RRSP about once every 5 years.
I'm leaning towards RBC DI (I will open a a practice account) and I'm seeking your advice if there are better alternatives in terms of fees, commissions, ease of use and ETF choices.
I just discovered couch potato and I have much to learn...
Any advice or links would be much appreciated
Thx
I currently bank with RBC and have about 250K in managed investment (RRSP, TFSA and other). I'd like to move to DIY investing to reduce the ever growing MERs and potentially hidden fees that I estimate about 5K/year.
More a saver than a day trader, I would typically be a passive investor and contribute to TFSA about once a year, "outside RRSP" about 4-5 times a year and RRSP about once every 5 years.
I'm leaning towards RBC DI (I will open a a practice account) and I'm seeking your advice if there are better alternatives in terms of fees, commissions, ease of use and ETF choices.
I just discovered couch potato and I have much to learn...
Any advice or links would be much appreciated
Thx