Which 6-Month Strategy is Best?
Hi there - mid 20s newbie here...
All around the same time, I had: closed my accounts at my old bank, sold my assets within a mutual fund held by my old bank, set up a TD e-series account with Waterhouse, opened up my new accounts at Tangerine to take advantage of their conveniently enacted 6-month 2.4% promo interest rate.
Should I: 1) Keep my funds within Tangerine's savings account? or, 2) transfer my money over to TD e-series and put them in portfolios that I had settled on months ago? Those portfolios would be couch potato's 'aggressive' and 'balanced' model portfolios. My investment is $50000 which would be split 70/30, respectively.
A formula here, I know, would be to use a bit of basic math... I'm more interested in hearing what you educated folks think about the state and future of the model portfolios I have selected at TD in relation to the fixed 2.4% return at Tangerine.
Gracias!
All around the same time, I had: closed my accounts at my old bank, sold my assets within a mutual fund held by my old bank, set up a TD e-series account with Waterhouse, opened up my new accounts at Tangerine to take advantage of their conveniently enacted 6-month 2.4% promo interest rate.
Should I: 1) Keep my funds within Tangerine's savings account? or, 2) transfer my money over to TD e-series and put them in portfolios that I had settled on months ago? Those portfolios would be couch potato's 'aggressive' and 'balanced' model portfolios. My investment is $50000 which would be split 70/30, respectively.
A formula here, I know, would be to use a bit of basic math... I'm more interested in hearing what you educated folks think about the state and future of the model portfolios I have selected at TD in relation to the fixed 2.4% return at Tangerine.
Gracias!