Canadian couch potato wealthsimple. Canadian Couch Potato is a blog run by Dan Bortolotti.
dollar account), which means you incur the currency conversion fee with The Couch Potato strategy is simple in many ways: you don’t need any stock-picking skill, you can get started with small amounts of money, and if you choose a one-fund portfolio there’s almost no maintenance involved. We’ve seen a number of these services pop up in Canada in the last year so, and I am happy to announce that my colleagues at PWL Capital are set to launch our own online service for Couch Potato investors. However, I'm sure all Canadian brokerages provide the appropriate tax reporting documents. Two years ago there was an AMA with someone with wealthsimple where they mentioned that if you want a Canadian couch potato style portfolio with wealthsimple you can request it. In most cases, when stock markets fall significantly, interest rates go down (and bond prices rise) as many investors sell stocks and buy bonds. e. For instance : – If you use 50% of VBAL and 50% of VCNS, you effectively have a 50%/50% equity/bond mix that is automatically rebalanced Thanks for the infos! Would it make sens to ask WealthSimple to sell everything but keep it inside my TFSA before transferring to Questrade? This way I might have more control over the time the assets will be sold since Questrade told me that if they ask WS to liquidate the assets themselves it will be at a random moment between 10 and 20 days. Sorry if these have been asked before I couldn't find them. Oct 14, 2014 · Wealthsimple is one of several online investment firms that have launched in Canada this year. I'm comparing National Bank Direct Brokerage and Wealthsimple. Hey, Jason from Wealthsimple here. About me: • I’ve been following the Canadian couch potato method for about 10 years with TD e-Series index funds (note that CCP dropped the e-Series from his model portfolios in 2022) Apr 23, 2019 · @Jay Bee: ETF trades at National Bank Direct Brokerage are only commission-free with purchases of at least 100 shares. A typical 80/20 couch potato returned 5-6% over the last 20 years. You Oct 21, 2016 · At last we arrive at the final post in this series on smart beta ETFs. I want to move away from my stocks and mutual funds in order to build a Couch Potato portfolio with ETFs. My goal is to save for retirement. To clarify, while advisors at PWL Capital share fundamental investment philosophies (notably we do not pick stocks or use market-timing strategies), we do not all implement these ideas in exactly the same way. Feb 6, 2024 · If you’re taking a passive, long-term approach to investing, you can access iShares and Vanguard ETFs and build an ideal “couch potato” investment portfolio—for an extremely low cost. With the couch potato method, you can automate the transfers in, but then every two weeks (or say every month or whatever period you choose), you still have to manually log in to your discount brokerage and purchase shares of the ETF(s) that you want. I can’t suggest an appropriate asset allocation for you specifically, but 10% bonds is not “too much” for anyone. All Real Estate. I enjoy the process and love to stay on top of where markets are at even though I'm a couch potato investor. I'm honestly tempted to just go all in with them. Aug 15, 2023 · One more reason to choose Questrade is that the broker will no longer be charging inactivity fees on any accounts. . Disadvantages of Tangerine Investment Funds. Sign up online and then email us at support@wealthsimple. Wealthsimple is in the process of rolling out recurring buys. For me I gained enough confidence after 2 weeks of reading good books (such as millionaire teacher) and online resources (such as Canadian couch potato), as well as watching YouTube videos such as the ones by Ben Felix. They’ve often been referred to as robo-advisors, though they reject that name, and with good reason. Hosted by Dan Bortolotti, the Canadian Couch Potato Podcast features expert interviews, helpful tips for DIY investors, and answers to questions from listeners and blog readers. TD e-Series costs about the same as Wealthsimple, and is easy to use, but you have to be persistent in setting this up. Feb 7, 2023 · Yes, Wealthsimple Trade is a popular choice for Canadian couch potato investing. To avoid commission fees associated with rebalancing, I was thinking of instead buying more of the lagging assets when I make my monthly contributions, instead of rebalancing (thus selling some assets) once per year. Also, the additional fee is only ~$500 per $100K invested, so it's not really material until large account values. You should go 100% equities. Now that I understand what they do "behind the scenes", which is arguably a more sophisticated version of the Canadian Couch Potato portfolio. 06% (compared to an average of 1. 1%. As Rob Carrick recently wrote in the Globe and Mail, “It’s time to stop treating robo-advisers as a novelty and start considering them as a smart option for people seeking help in building an investment portfolio. Some of the robo-advisors use "couch potato" (low cost, passively managed, globally diversified, index tracking) portfolios. While you watch your robo work; read Millionaire Teacher, Canadian Couch Potato, listen to the Rational Reminder podcast, and listen the Canadian Couch Potato podcasts to learn about investing vs stock speculation. Jan 10, 2022 · Source: Vanguard, BlackRock Fixed income. They are very passive and excellent ways to save for retirement. ***We are in no way affiliated with, endorsed or sanctioned by Wealthsimple. They have a portfolio of TD e-series funds. All of their holdings are Toronto real estate dating back to the 1960s. If you have reached Step 5 of the PFC money steps and you have some money you are confident you can invest for long term (ideally at least 10 year) goals you could invest in a low cost, risk appropriate, globally diversified, index tracking (i. Following on the heels of our detailed look at the performance of the Vanguard and iShares portfolios in 2020, let’s look at what the e-Series funds delivered last year. S, and global stocks, as well as Canadian bonds), so the Hey, Jason from Wealthsimple here. com to get this portfolio for your account. But to make a long story short, just buy XBAL for a "set it and forget it"-type investment that is super well diversified and can be expected to return ~7-8% per year on average over the long haul. Both methods are intended for long term investing. That advice is out of date, all in one CAD$ ETF’s are relatively recent and we’re not available when the book was initially published. There are other interesting model portfolio though that may be cheaper (see Canadian Portfolio Manager), broader (again CPM or Canadian Couch Potato), or integrate different SRI criteria (see the Sustainable Economist). I've just recently started following Canadian Couch Potato approach. I’ve been maxing out my contributions over the past few years and have a balance of $25K, however I want to move all my funds to Wealthsimple and invest in the Canadian Couch Potato model portfolio. Your once or twice a year re balancing will cost you $10~$30 if you're using the couch potato model. Interest rates rose significantly during the year: for example, the yield on five-year Government of Canada bonds went from 0. A big part of the blog is Dan's series of "model portfolios" which provides Canadian investors with ETF picks. 10% is not normal. They’re also very easy to purchase and rebalance, some more so than others. couch potato) portfolio such as those discussed on the following pages. With it, you could buy your own ETF portfolio, and if you stick to Canadian listed ETFs, the brokerage costs would actually be zero. This might make sense for some people, especially if you're paying them to "stick to the plan" and protect you from yourself. But, now I’m thinking of getting into one of Vanguard’s new Asset Allocation ETFs (probably VBAL ) and was questioning whether I should move all my current investments over, or just add any new funds Feb 4, 2019 · Hi Dan, thanks a lot for this awesome spreadsheet! I am investing with Questrade, so buying ETFs is free, but not selling. 15%. However, my returns have been absolutely nothing (-0. Is this what your TD advisor was suggesting, although I'd be surprised he would. Jan 17, 2022 · In my last post I reviewed the returns of my model ETF portfolios in 2021. *** I got out of my mutual funds in 2018. It aims to help Canadians implement the couch potato investing strategy by offering tips, model portfolios and educational resources. Looks like I can do the following asset swaps: The Canadian couch potato portfolio is made up of low-fee index funds or ETFs that track the following markets: For robo-advisors, our top choice is Wealthsimple, as their fees are highly May 10, 2024 · Couch potato; Real Estate. 98% for equity mutual funds), there are cheaper May 18, 2017 · Another note: iShares opened a third US Equity ESG-ETF: iShares MSCI USA ESG Optimized ETF (ESGU). Jan 28, 2020 · Canadian Couch Potato September 22, 2021 at 2:29 pm @John: The expected return on bonds is indeed low. 12-14 over how many years? It’s pretty easy to look at the history of a typical 80/20 couch potato growth portfolio and see it’s nowhere near 12-14% over a long timeframe. As some of the commenters have noted, Jul 16, 2018 · On June 19, 2018, The Canadian Securities Administrators National Registration search showed that there are 10 people employed by Wealthsimple who are licensed to give investment advice. CCP is do it yourself investing whereas WS invest is a Robo advisor. Dec 15, 2020 · 3 ways to invest like a couch potato. Dec 31, 2020 · Thank you for sharing information about the BMO ETFs. Wealthsimple has reasonable pricing, same with RBC's equivalent. Since then, Dan teamed up with PWL’s Justin Bender, who has his own Canadian Portfolio Manager blog in addition to a podcast and YouTube channel dedicated to helping DIY investors. Dec 31, 2018 · Canadian Couch Potato September 30, 2019 at 11:41 am @Ethan: Yes, the most straightforward way to make the switch is to simply liquidate all of your holdings and then immediately purchase your all-in-one ETF across all your accounts. Sep 17, 2012 · The Couch Potato strategy calls for a significant allocation to US and international stocks. Since I’ll receive a public service pension and am young, I’m willing to start with a higher-risk portfolio. Sep 12, 2022 · When you sign up for Questrade, you have free rein to invest your money as you see fit. So I did, and they gave me the classic 3 fund CCP. I still 100% recommend WS for someone who doesn't have the interest or time to educate themselves about Index Fund investing, but I feel that I've outgrown what WS Managed account offers and the fee is If your goal is to save for retirement, Google the Canadian Couch Potato blog. Mar 17, 2018 · Just to be thorough, you can get your target asset mix by adding a tiny bit of complexity and using 2 of those funds or more. In addition to that I don't trust wealthsimple or any similar company will do any real leg work to find quality "socially responsible" companies. com Canadian Couch Potato and Wealthsimple invest are essentially buying the haystack of companies and markets (instead of trying to find the needle(s)). Jul 6, 2023 · Wealthsimple, on the other hand, requires all assets to be held in Canadian dollars (unless you pay $10 per month for a U. Take a look at the Canadian Couch Potato. Jan 17, 2017 · Dan Bortolotti, better known as the Canadian Couch Potato, chats with me about all the ins and outs of index fund and ETF investing. Originally published in 2002, the book has become a classic for its insight and wisdom, and for Bernstein’s entertaining, no-nonsense style. 5% fee. If you want to only have 10% bonds then you would keep xeqt and buy a bond etf for up to 10% of your portfolio. Using WS Trade to buy, for example, a 'couch-potato-in-one' portfolio fund like VGRO, is one of the absolute cheapest ways to invest. You definitely want to get out of a 3. Sep 8, 2015 · The Canadian Couch Potato website shows some sample portfolios. 56% by November 2021 before heading back down slightly. Jun 9, 2014 · If you’re thinking about using ShareOwner’s service to build a Couch Potato portfolio, I’ll make a couple of suggestions. Those available to individual investors tend to be poor choices. Wealth Simple / Wealth Bar are better than mutual funds or managed portfolios, but they're still extracting fees once you get in deep with them. This article contains a spreadsheet that calculates the value of a US-listed ETF vs Canada-listed ETF over time once you factor in currency conversion and differences in MER: https The first, by the author of the Canadian Couch Potato blog, is a short easy to read e-book that is just about index investing. If you're comfortable purchasing XEQT already, I'd just throw everything in there now and focus on that. On the one hand, it looks like Scotia's iTrade platform can allow me to buy or sell ETFs as my heart's desire without having to deal with a representative at the bank and wait several days for them to respond to an email, or sit on hold for several hours until they pick up. The ones that rebalance and the ones that don’t. By Aja McClanahan. *** For a 22 yr old with 10+ year horizon probably shouldn't be investing 20% in bonds. Especially if you’re looking to save on commission fees, Wealthsimple Trade is a solid choice. Oct 14, 2022 · This traditional couch potato portfolio approach invests in Canadian stocks, U. I've read the Value of Simple and been looking at Canadian Couch Potato, and have a couple questions. Apr 1, 2015 · These services offer online portfolio management at a fraction of the cost of a full-service advisor. Their value is only low because they slashed their dividend. It has a lower MER of 0. 41% at the end of 2020 to 1. Dan Bortolotti here (a. This would mean that the Canadian portion of the equity allocation would be somewhere between about 23% and 43%. After this research, I think the TD e-series funds would be the best fit for me. The way WS Trade makes money is on foreign transactions - as in if you buy a US listed stock or ETF with Canadian dollars you'll pay a 1. Of note, you can ask wealthsimple to hold your investments in a 3 fund portfolio as outlined by Canadian couch potato but that seems to a high fee for portfolio balancing when you can just get xgro or xbal It doesn't take a whole lot to educate yourself on investing. Oct 21, 2017 · Overall this is just couch potato investing. Thanks for the original question and for the comments. Check the Canadian couch potato blog for more updated recommendations Smart investing products and personalized advice to build long-term wealth. Even if you stuck it out… Oct 14, 2022 · No other provider offers a ready-made portfolio of index mutual funds that contains all the necessary Couch Potato components (Canadian, U. My favourite is Canadian Couch Potato. UN) are both great discount buys. From the comments, tweets and few cancelled subscriptions, I know some readers didn’t make it this far. Whether you’re planning to retire soon or are currently retired, learning about the average Canadian income and related expenses can help you create a better, more comprehensive plan for your golden years. A roboadvisor will unemotionally buy a diverse chunk of the market for you through cheap index funds with very low fees. Correct. ). Not sure if recent editions include it. Jan 23, 2020 · But there’s one moment when the Couch Potato investor should get off the couch! The secret to successful Canadian Couch Potato Index Investing is to periodically get off the couch and REBALANCE. (After the jump, scroll down to read Option 4: Build your own ETF portfolio. -I've looked at the Canadian couch potato model portfolios as a guide to what my allocations might look like. I had a substantial RRSP at Scotia (managed individual equities) which I transferred to Questrade. But as any Couch Potato knows, that’s precisely why they’re so valuable. S. Feb 28, 2023 · I adopted a Couch Potato Strategy for my Registered investments. I’ve been following the couch potato method for a couple years with ETFs through Wealthsimple. I'm also quite new to investing, generally, but willing to put the time into learning and some monitoring/rebalancing of my investments. Weighted average MER is 0. The next sentence however, is laughable. Best of all, it will be absolutely free. The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Easiest and simplest way to go is to deposit and then go through the Canadian Couch Potato risk questionnaire and find which Vanguard or iShares ETF best suits you. 50 (. I use Wealthsimple Trade for the no commission trade. Run by Dan Bortolotti, the blog offers Canadians a complete guide to index investing. Canadian couch potato has portfolios that shows you the different etfs. Now let’s take a look at how the TD e-Series index mutual funds performed during the year. Hi, 32 F here and I am new to the whole investing process and I am thinking about opening an RRSP account in Wealthsimple Invest (to be managed by Roboadvisor) and depositing 500$ per month for now. However when I look at the Canadian couch potato 20-30 expectations it’s high 7% which is in line with what the WealthSimple managed growth portfolios will do. Yes and yes. It takes a long time for VOO to be worth it over VFV in a Wealthsimple account. Wealthsimple Invest is good if you don’t want to learn about investing at all (set and forget approach). The Robo advisors also have a unknown actively managed aspect, Canadian couch potato is totally against that. Jun 28, 2021 · The Tangerine Core Portfolios (as well as the traditional Couch Potato models) include equal amounts of Canadian, US and international stocks. I moved there from TD DI in January and just buy VEQT - no commissions whatsoever. going forward i'll stick to the ETFs in my TFSA and individual stocks in my non-registered. Mar 17, 2018 · Canadian Couch Potato – Podcast 15: The Value of Simple The latest episode of the Canadian Couch Potato podcast focuses on the relationship between cost and complexity in your investment plan. I got tried as being there a year and half they re-structured the managed portfolio twice, trying unsuccessfully to outperform a comparable couch potato portfolio. Decided 4 months ago to with a WealthSimple TFSA with 10k down and 700 monthly deposits with a 90/10 allocation. But you should be able to basically cut your fees in half and still retain the guidance of an advisor. Mar 8, 2023 · One of the best resources for Canadian investors over the last decade was (and still is) Canadian Couch Potato. When I look at their model portfolio for ETFs, they have only 3 ETFs in their portfolio (ZAG, VCN, and XAW) and the ratio of each ETF changes based on your risk level. For the total account return, both the time weighted and money weighted return (if they only provide one, it’s probably money weighted as I believe that is now regulated) will include dividends in the calculation. I may eventually choose to deviate from the Wealthsimple approach (have been meaning to read the Canadian Couch Potato investing guides more) but for now this is fairly easy method of saving on fees while being low effort and "safe". 25% VCN, 75% XAW. The National Bank Direct Brokerage TFSA has $0 commissions and since I'm under 30, no annual fees, but I don't currently bank with National Bank The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. I had about 40k in an RRSP that I sent to Questrade, and another 20k in my TFSA that I sent to Wealthsimple Invest, now Managed Investing. Canadian couch potato's VCN and XAW are good. May 24, 2018 · juggabags: I’ve followed the Couch Potato plan for years, shifting only very occasionally between the recommended ETFs in my RRSP and TFSA. As well as benefiting from questrade’s proprietary policies regarding hedging transactions, you also have full control over your investments; they provide everything from passive Canadian Couch Potato portfolios to putting you in the driver’s seat by buying and selling individual stocks and bonds. We use a passive strategy similar to Canadian Couch Potato using exchange traded funds, and our software will automatically rebalance your portfolio, reinvest your dividends, harvest your tax losses, and more. I also have a TFSA account where I am saving 500$ per month using Canandian couch potato strategy. First, the five model portfolios seem well designed on the equity side, with a good mix of Canadian, US, international and emerging markets, as well as REITs—very similar to what you’d see in my Complete Couch Potato. It’s the one secret thing that will set the Couch Potato investors apart. H&R (HR-UN), and Rio Can (REI. So it will buy a certain amount on set days. Most people here recommend just buying ETFs using the "Canadian couch potato" method. My plan is to follow the principles of part 4c of Value of Simple but rather than do this on QuestTrade I could just do it in a new WeatlhSimple Trade TFSA. You will have to do some re balancing yourself and you will pay slightly higher MER than the asset allocation ETFs everyone is raving about. 2 days ago · The most common approach by investors is to build a low-cost, low-maintenance core Couch Potato portfolio. Feb 18, 2021 · The Canadian Couch Potato strategy recommends a portfolio of at least $50,000 if you want to invest using a discount brokerage account. 7). I don’t have Wealthsimple, but there should be a place to see account activity and dividend distributions should be listed there. 8% return (Annualized: +7. Using a robo-advisor is one way to buy ETFs. My three model portfolio options represent a trade-off between cost and convenience: the Tangerine funds have the highest cost (1. Personally, I like logging in and making the monthly purchases manually. You can often lower fees in your portfolio with a few simple changes that require no additional skill or effort. You'll need to input how much you extra you expect to get in the retirement income field, otherwise, we'll assume average numbers. Canadian Couch Potato). Mar 7, 2016 · There is a negative correlation between the Canadian Dollar and foreign equities measured in Canadian dollars for hopefully obvious reasons. Aug 29, 2022 · It began more than a decade ago with Dan’s incredibly popular Canadian Couch Potato blog and podcast. I’ve been cruising this subreddit for about a week, have read the Millionaire Teacher, and have familiarized myself with the Canadian Couch Potato. 40% and I look at XEQT which has done much better back tested over 10 years. Great advice there, worth the read. I’ve been with WealthSimple level 10 since 2021 of June with a time weighted return of 6. 28% and follows a similar selection algorithm to ESGD and ESGE. Looking to build your own Couch Potato portfolio with index funds or ETFs? We offer examples for all risk profiles. k. Questrade is another top broker for Canadian couch potato investing for its free-to-buy ETFs. But if you really want to hold bonds, I'd do 15% VCN, 75% XAW, 10% VAB. Each one follows a passive investment strategy, with a focus on low fees. Once things go back to normal, their dividend and stock price are going back up, which is win / win for a couch potato stock. Hi, everyone. We’ll start with the returns of the four individual building blocks. 035%) (including bid-ask spread and commission, and it gets slightly cheaper with bigger numbers) in a standard interactive brokers account, and he’s touting . Cost: While the Tangerine investment funds are not ridiculously expensive at 1. a. That's what I'm looking forward to. This is great news for the ETF or Canadian Couch Potato Investor that does not trade so Apr 18, 2016 · Some commentators—usually advisors who favour active strategies—even criticize target date funds for not allowing a manager to adjust the asset mix in response to market conditions. We definitely keep it simple. 2% (almost 6 times more expensive) as an amazing “institutional rate”. ” See full list on wealthawesome. The returns over the last year are not normal. I also have investments at another large financial institution so I can participate in my employer's matching program. I still have some mutual funds with BMO previously purchased. i'd say 80% of my TFSA are ETF's and Canadian Couch Potato but i left a little room for individual stocks. This is leading me to consider ETFs as per the Canadian Couch Potato model. Dec 20, 2020 · Canadian Couch Potato September 29, 2021 at 2:18 pm @Adam: Thanks for the comment. However, there will be no fee to purchase these e-series funds which works well if you want to stay with TD. I've since switch to VGRO but it was cool how they have other custom portfolios for those who ask. Average Canadian retirement income. Each episode includes interviews with experts, helpful tips for DIY investors, and answers to questions from listeners and blog readers. Reply reply OutrageousCamel_ Advice on "Couch Potato" portfolio's? 20M ON, I started investing into my TFSA ($22,500) this year w/ WealthSimple to start off easily with a roboadvisor, but am looking to move to a DIY portfolio with Questrade so that I can start having more control over my investments (and lower fees). 1) The idea of “owning the entire market” – and thus earning the market’s average return – means that investors no longer have to lose money by trying to pick stocks in their spare time. Canadians interested in investing and looking at opportunities in the market besides being a potato. Yes but the point is that You don’t need to buy non-Canadian ETF’s. May 5, 2014 · When I first became interested in indexing, someone recommended William Bernstein’s The Four Pillars of Investing. Do you see an advantage to stay with BMO and moving these to their ETFs or rather consider Vanguard/iShares ETFs (through Wealthsimple)? I mean, I look at the composition of the portfolio and it's very Canadian Couch Potato like with some ETF and index funds (for the US, it's split being hedged and not hedged). It looks like your portfolio has 12% outside of canada equity, mostly USA while the CCP portfolio is 40% equity outside of canada. If you're willing to pay a little extra for simplicity, wealthsimple is fantastic. There have been four revolutions when it comes to low cost “couch potato” index investing in Canada. 5% fee situation. You could follow a passive investing strategy such as the Canadian Couch Potato portfolio or choose to buy and sell individual stocks and bonds for your portfolio. Logged jambongris So I’ve read the faq, millionaire teacher and Canadian couch potato. This is just a community. Auto deposit + auto buy. A typical couch potato portfolio for a Canadian would use a market cap weighting with a "home country bias" of 20% to 40%. Fixed rates; Variable rates Wealthsimple is an online Canadian financial services provider that offers a suite of low-fee and easy-to-use products You can buy individual stocks and ETFs for free on Wealthsimple Trade. What is the Canadian Couch Potato? The Canadian Couch Potato portfolio is a model portfolio that is published on a blog (developed by Dan Bortolotti) and designed for Canadians who want to learn more about investing using index mutual funds and exchange-traded funds You're still better off getting a low fee Questrade / Investor's Edge self directed account and buying your own ETFs based on Canadian Couch Potato weightings IMHO. 07%) but they are far easier to build and manage than the ETF portfolios. stocks, international developed market stocks and Canadian bonds using ETFs or index mutual funds. Dec 13, 2017 · In Episode 13 of the Canadian Couch Potato podcast, we turn our attention to one of the most significant trends in ETF investing: the rise of robo-advisors. When you live in a country with a small, poorly diversified stock market, global diversification is extremely important. The Mylo portfolios I looked allocated about 60% of the equity allocation to Canadian equity. Jan 12, 2019 · The subtleties. For those interested in pursuing this investment strategy, Canadian Couch Potato is the best resource you can find. Jan 26, 2021 · But before we dive in, here's a bit about the Canadian Couch Potato Portfolios. Oct 16, 2014 · He’s saying they are cheaper than a typical brokerage/advisor, which is true. 5% annual fee to manage your couch potato portfolio, probably on top of the existing ETF fees. 5% in management fees, whereas with a discount broker like Questrade you could build a diversified couch potato portfolio with fees around 0. The ETF option has an average Management Expense Ratio very similar to that of the ETFs used by Wealthsimple, but without the additional management fee. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, ETFs, tax implications, index investing, and more! Feb 1, 2021 · The TD e-Series index mutual funds remain a useful alternative to the asset allocation ETFs that take centre stage in my model portfolios. Low-fee managed investing, commission-free trading, and high-interest chequing and savings. Canadian Couch Potato is a blog run by Dan Bortolotti. Wealthsimple is a Canadian investing platform. Jan 5, 2023 · The Path to the Canadian All In One ETF. For a long time, they were index funds and I've recently swapped them for ETF's as the fees made more sense. To spell it out if the Canadian dollar relative to the USD drops 10% it means that the USD goes up 10% so any un-hedged foreign equities would go up 10% when measured in Canadian Dollars due to the currency. 5% conversion fee each way. At 0. It was a much different story for bonds in 2021. 5% fees (and first 5k is free), it's easier than the e-series. The underlying philosophy wasn't really created by that guy - there are a lot of books in the space, but this website lays it out cleanly, and references funds that are available to Canadians. I’ve been reading about the Canadian Couch Potato investment approach and have some questions. For me personally, the decreased MER isn't worth the 1. May 30, 2017 · In Episode 8 of the Canadian Couch Potato podcast, I answered the following question from a listener named Remy:. At 6,500 Advice on Couch Potato Style Portfolio Hey, I'm relatively new to trading, 27 years old and looking to invest for long term/retirement. The average ETF price in Canada is roughly $20 to $30, so you’re looking at $2,000 to $3,000 per trade before this kicks in. The second is also easy to read but it covers some very important personal finance topics before moving on to index investing. If having your money at a big bank lets you sleep better at night, just keep your money there. I would say that even if you have basic knowledge of investing and some interest, it’s worthwhile to do it yourself. When you want to increase your bond holdings you can sell xeqt and buy xgro. You can skip a management fee completely by buying low-cost ETFs yourself by following the Canadian Couch Potato method and using a self-directed brokerage account, like Shareowner (which we recently acquired!). My wife's account has it right now but not mine. Fierce competition, especially from Wealthsimple Trade, is helping lowering fees at other brokerages like Questrade. Their ETF investing strategy feels like it could be a good fit for my RRSPs. holy smokes i never even considered that. Speaking as someone who idiotically spent $10 on many, many commissions using a standard Big Six bank self-directed brokerage for a long time until I finally saw the light, I implore you to switch to a brokerage that offers lower commissions--Wealthsimple Trade, Questrade, IKBR. However, it’s important to understand the trade-offs if you would like to remove them from a balanced portfolio. I was checking out my performance today for my RRSP and in the last 10 years, my couch potato has earned 105. TFSA: Sunlife Granite Growth Porfolio vs Wealthsimple vs Questrade Canadian Couch Potato Assertive/Aggressive strategy Hello PFC, Relatively new investor here in mid 20s. Goal is extra cash for retirement. Traditionally, Canadian Couch Potato investors have used one of the following 3 investment products to build their portfolio. If you're advisor isn't helping you produce after tax returns greater than the market with tax loss harvesting and other strategies you aren't getting the value. Feb 26, 2021 · Canadian Couch Potato November 29, 2021 at 12:11 pm @Ron: You’re right that bonds are affected by changing interest rates, but market crashes and interest rate changes are often correlated. Ideally I'd like take the couch potato approach and just DCA without having to worth about current market fluctuations. 48%). Nov 28, 2015 · I unequivocally believe that – provided you have the relatively small amount of time necessary to set it up and maintain it, and the relatively large amount of intestinal fortitude to stick with your plan no matter what the markets are doing – a self-directed, simple Couch Potato portfolio of low-cost, index ETFs or mutual funds is the best If you want to own a low cost, globally diversified, index tracking portfolio that suits your goals, timeline, knowledge, experience and perceived tolerance for volatility I suggest that you either use a passively managed robo-advisor account (like RBC InvestEase) or check out this Canadian Couch Potato page and the video it references. Nov 10, 2018 · Canadian Couch Potato November 13, 2018 at 12:16 pm @James: In Canada, low-cost target date funds are common only in employer-sponsored plans. Then buying it o Wealthsimple Trade. *** Oct 14, 2022 · Updated for 2022, a look back at the performance of the MoneySense Canadian Couch Potato Portfolio Guide, looking at it all, from core to advanced portfolio models. Nov 10, 2017 · Wealthsimple charges up to 0. It's one of the portfolio suggestions from the Couch Potato investing site. We're huge fans of Canadian Couch Potato, and can easily offer the exact CCP portfolio of your dreams on our platform (for any clients that don't meet Dan's $500k threshold). *** Jan 6, 2017 · Gosh TDB3085 has around 55% canadian equity along with xre and xut you have a lot of canada content when the couch potato has only 20% cdn equity. How has Our retirement calculator takes into account the average Canadian retirement income from the Old Age Security (OAS) and Canada Pension Plan (CPP) for 2018. It uses fractional shares as well so it can be set for the dollar amount you want. You're paying them 0. VGRO through Wealthsimple Trade is another great option. Even the asset allocation ETFs from Vanguard, iShares and BMO have a target of about 25% to 30% for Canadian stocks. Unlike Wealthsimple Invest, Questwealth Portfolios is not a 100% automated service. Heads up: quotes on Wealthsimple Trade are delayed. I can convert $10,000 for $3. *** My employer uses Manulife for RRSP matching. tmbiak ahzz gjgcri wzawynp ydg lxfo zaflyr fqhjou ytmac qrfw