Hacker News new | ask | show | jobs
by toomuchtodo 3332 days ago
Why waste your money at Wealthsimple when you could open a Vanguard account and put the money in a target date fund?

https://investor.vanguard.com/home/

https://investor.vanguard.com/mutual-funds/target-retirement...

EDIT: Sweet jesus, wealthsimple charges 0.5% of your first 100k, Vanguard is like 0.16%. You might as well be stuck in a crap 401k at wealthsimple expense ratios.

https://www.wealthsimple.com/en-us/details#pricing
1 comments
kolijila 3332 days ago
>Why waste your money at Wealthsimple when you could open a Vanguard account and put the money in a target date fund?

Because I would have to know what any of that stuff is, hence: "can't be bothered to learn more about how to manage my investments myself right now"

Thanks for the links. Also I'm a Canadian and their MER is lower than everyone elses all things considering, even tangerine.

What can I do as a Canadian?

link