Idle cash on Wealthsimple Trade
I'm looking for suggestions on where to stash idle cash in a Wealthsimple Trade account in order to earn interest on it before I put it to use.
Thanks.
Thanks.
Sep 11th, 2020 5:15 pm
Sep 11th, 2020 5:18 pm
Sep 11th, 2020 9:34 pm
Sep 14th, 2020 5:42 pm
Sep 14th, 2020 6:29 pm
Yes, usually 1 cent bid/ask spread. Some brokers, not Wealthsimple though, also charge an ECN fee as you can only get a fill at "market" and you “remove liquidity”. Basically 2-3 weeks of "interest" per round trip are lost due to slippage.minimalist wrote: ↑ Do you lose 1-2 cents to bid/ask spread?
Sep 15th, 2020 7:32 pm
Sep 15th, 2020 8:44 pm
The wrong PSA then, since this a Canadian ETF in $CAD:
Oct 22nd, 2020 10:23 am