Monday, October 15, 2018

ETFs: Not Yet RRSP Time, But Never Too Early To Start Thinking

ETFs have emerged as a popular method of personal investing at a substantially lower cost.  Basically, rather than invest in a mutual fund and pay a nameless fund manager in a tall office tower (approximately 2.0% of your valuein the mutual fund) every year - whether a good or a bad year - an investor could buy a static group of stocks (based around a theme, an industry, size of companies, geography, etc) and pay around ~0.5% simply for the administration of the fund. 

Here are some things to think about when reviewing the THOUSANDS of ETFs available.

https://business.financialpost.com/investing/investing-pro/not-all-etfs-are-created-equal-heres-what-investors-need-to-know

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