Wealthsimple performance reddit. Or check it out in the app stores   .

Wealthsimple performance reddit 3 years, zero return on investment. No complaints, except for trading Are you happy with their performance? I transferred in to a managed TFSA with risk level 10 in Feb 2023 and it's up 17. Wealthsimple's robo-advisor approach for the TFSA has averaged ~5% return over the last couple years for me, vs 2% (if I recall correctly) for the Tangerine TFSA. Why not just buy VGRO or VEQT in a self directed View our Classic Portfolio performance to find up-to-date information, including: To view Wealthsimple's Growth portfolio performance over time: Scroll down to the Performance over time section. I get about $1,500/month in dividends and it has a great dividend and performance tracker, etc. In addition to the above 2 ETFs I am also looking at S&P 500 Sharia Industry Exclusions ETF (SPUS)- USA funds and Wealthsimple Shariah World Equity Index ETF (WSHR). More importantly however, the behavior of reddit The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Wealthsimple is a Canadian investing platform. Most the people complaining about XEQT has a very assumed cult mentality on Reddit, if you read through the subreddit linked. *** Get the Reddit app Scan this QR code to download the app now. When you give those bank credentials to WealthSimple, you give them to Plaid, which uses them to vacuum up all of the information it The problem with the WealthSimple robo-advisor service is that they've been trying to actively manage the ETFs, and they've done a shit job which has resulted in serious under-performance over the last several years to the extent that even many of the banks' 2% MER funds have managed to achieve greater net-of-fee performance. 4% lower so theoretically WS should win after fees. The holdings in Personal are also a mixed bag in terms of their performance—some are way up and others quite down I use wealthsimple. 8%, respectively, however these have both gone up by 8-10 ticker points since April. In 2021, I finally started doing investments through Wealthsimple’s managed accounts. What bugs me about Wealthsimple Trade is that it'll take 3-5 days for money to be transferred over and rates posted are in delayed time. ). Most PE funds actually deliver similar performance to the S&P on a gross basis and actually underperform when you WealthSimple’s asset allocation has been egregious for years. from what i understand, when you invest in these stocks, especially with wealthsimple trade, they basically do the same job as wealthsimple invest but you don’t have to pay the commission fees whereas with wealthsimple invest there’s a fee called MER, management expense ratio. The fees and illiquidity are, oddly enough, nearly the same as the Wealthsimple Private Credit Fund. I can't figure out a way to really compare the investment performance. Even on a smaller sum like $20K, that's $400/year in lost performance. When bonds were paying 1-2% WS would stick “safe” investors with like 60% bonds. *** I suppose this is a common question but does someone see a difference in performance between the standard portfolio and the SRI portfolio from Wealthsimple Invest? The first one seems more diversified and the SRI looks to be only Wealthsimple’s own indexes so I was wondering how the two compared regarding performance/growth. *** Wealthsimple performance upvotes CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. *** Wealthsimple is a Canadian investing platform. As to dealing with brokers like Wealthsimple or TD DI, it's the same thing as putting your money in a bank. With Wealthsimple you can be pretty hands off and consistent, which can be worth it for some people. Just set up a bill payment at the same frequency of your paycheque and you're done. 6% and -5. Buy only VGRO with lump sum and continuous contributions: Equity (80%) Fixed income (20%) Overall fees (0. Share While past performance over a short period isn't terribly useful, it does show some of the potential pitfalls Go to Wealthsimple r/Wealthsimple • by jack_sexton. Welcome to the official subreddit of the PC Master Race / PCMR! All PC-related content is welcome, including build help, tech support, and any doubt one might have about PC ownership. If your portfolio is diversified, then you are likely investing in the same things Wealthsimple is. *** The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. How can that be then? Fairly new to investing, so probably missing something. true. Unfortunately, with BTCC, QBTC and WealthSimple Crypto, you cannot take your Bitcoin off of their exchanges because, again, you do not truly own Bitcoin with them. They've been sued by TD because of their practices. I followed your recommendation and checked the allocations of both WS Invest and VGRO, and I traced the performance of their allocations 5 years back. Question for you all. You basically can use it for long only no margin and limited products. The index funds a robo-advisor uses represent the aggregate performance of an awful lot of very smart, very well funded people and institutions. I've also have $6K in wealthsimple for a few years to test it out and fundamentally, I want to move away from mutual funds as everyone advises against it. 75% on average each year for the past 20+ years Historical performance is of course not a good indicator of future performance, but it is highly Posted by u/Noffica - 3 votes and 3 comments The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. I know they publish this data in their help articles, but I'm looking to compare the data from actual users. Go to Wealthsimple_Trade Portfolio Performance Display . Like the Wealthsimple Private Credit Fund, I'll probably put the minimum amount into this, as well. They are the ones who own the real asset (Bitcoin) and WS's robo advisor is active and typically this sub believes in passive instead of active investing. Not the cheapest but for $11. I am pleased to share that Wealthsimple Private Credit announced a distribution of $0. Reddit's #1 spot for The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Their monthly performance for private equity and private credit updates once a month. Some performance struggles, some strange customer journeys, and some oddities that would never have gone to market if The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. but any robo should work fine Self directed investing with all in one etfs on platforms like wealthsimple only takes a few steps once you know what ETF you are buying, read !StepsTrigger As someone who moved my RESP from RBC to Wealthsimple, I have learned my lesson. 32 votes, 15 comments. *** Many people will refer to the performance in the past 10 years as a rationale to invest in the market. The problem here is the allocation. 2% - 6. Posted by u/nobleniner - 108 votes and 103 comments I've made lots of contribution over the 10 or so years. How has the venture fund performed. As mentioned above, WealthSimple uses Plaid, which is a data miner and a privacy nightmare. Or check it out in the app stores Wealthsimple boasts that Private Equity has outperformed the stock market by 4. anyone please correct me if there’s anything wrong as i’m I know that VGRO has been for only 3 years. *** Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Investing Performance over a short period is irrelevant. Even high MER bank mutual funds have provided much higher IF you've been using Wealthsimple's robo-advisor for convenience purposes vs an asset allocation, the cost over the last 5 years has approximately 2% of your portfolio value/year. Get the Reddit app Scan this QR code to download the app now. 1 Quarterly total returns for the fund were 4. *** I started Wealthsimple invest June 2020 and I’m up 11. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. The IRS is experiencing significant and extended delays in processing - everything. I built up an emergency fund (~30k) which I kept at EQ bank, but recently also moved that over to a Wealthsimple high interest personal account that automatically invests it in PSA, since it’s higher interest than EQ bank’s savings account. 2256 per share for the first quarter of operations, which translates to a 9% annualized distribution yield. Wealthsimple Performance less than stellar? Hi all, I opened accounts with Wealthsimple about two years ago in January of 2021 and I'm starting to have some questions about their performance. 3% since then. 3-0. Woth VGRO etc. /r/GuildWars2 is the primary community for Guild Wars 2 on Reddit I personally like WealthSimple Invest over RBC invest ease. [State] and [Type] of property tags are required in the title of posts 49K subscribers in the Wealthsimple community. I would move your money So a lot of people seemed to like yesterday's post for the 100% equity portfolios and asked me to create one for Balanced (60/40 portfolios). If you want to learn how to do it yourself, then you could save on fees buying a risk appropriate all on one ETF. Or check it out in the app stores The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment and other income sources, global or national The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. I did a weighted averaging of the performance of their allocations. The people downvoting you could, of course, have told you that an high yield saving account underperforms XEQT, but carries almost no risk, making it a much better vehicle for short and some medium term savings, while XEQT (or other similar broad or total market ETFs) are The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Imagine getting caught in just 1 bad trade and being unable to exit your position because Wealthsimple is having connectivity issues for several hours. Set it & forget it. 9% per year (while significantly more volatile from year-to-year). Or check it out in the app stores I'm thinking of liquidating my Wealthsimple Balanced Invest and move it to Wealthsimple Trade for the following reasons: Consistently poor performance in WS Balanced Invest about 2% rate if return in the last 12 months. I ended up skipping out on it because of the lock in First, you need to have a realistic guideline for investment returns over a 30-year horizon. I'm trying to add some diversity with some US blue chip stocks (mostly tech and pharma so far) as well as both broad market and targeted ETFs (XUU for the former, ZINN, Canadians interested in investing and looking at opportunities in the market besides being a potato. It looks like you invested in the fund on May 31st so I believe its normal for the performance not to reflect yet. Wealthsimple has higher MER but it's not too bad. I realized I wasn't exposing myself to global and US stock markets. The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto Get the Reddit app Scan this QR code to download the app now. and International, Federal, State, or local. *** There is an active component to the managed accounts, I did a comparison the relative performance of the WS Managed, to Questwealth, to two asset allocation ETF's here. If we’re talking WealthSimple Managed investments, then i think they’re minuscule and the ease of use makes up for it. This has nothing to do with Wealthsimple vs manual investing. Some of the major reasons include that WealthSimple Trade now has DRIP which reinvests dividends. I think everyone would want that considering how popular Wealthsimple is already. Option #2: Wealthsimple Trade TFSA. Assuming a risk tolerance of approx 80% stocks, WS underperformed VGRO and XGRO. For reference, the accounts are a TFSA and an RRSP. More portfolios to choose from, you also have a little more control with some added features. ***We are in no way affiliated with, endorsed or sanctioned by Wealthsimple. I don't use them but I would assume the UX is better than Questrade especially on the app but this is a platform for people who have no idea how to invest and just like believing that there are no fees. WS I read Reddit based on suggested topics so I get a lot of WealthSimple, dividend investing, and mortgage topics in my suggested topics even though I am quite negative on all three of those. *** Wealthsimple is not a real platform. Or check it out in the app stores   Performance in 5 months doesn’t mean anything The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Yes, since inception Wealthsimple’s performance has been generally terrible when compared with other inventing platforms. Hi all, I opened accounts with Wealthsimple about two years ago in January of 2021 and I'm starting to have some questions about their performance. View community ranking In the Top 5% of largest communities on Reddit. *** Posted by u/Utterly_infallible - 28 votes and 40 comments The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Although I love Wealthsimple I will say that it is pretty terrible for daytrading because of the constant performance issues. With their balanced portfolio's 5-year performance barely above 6%, it's extremely disappointing. I've also updated my strategy over the past few weeks. WS Invest has fees that are 0. The reality is, you can't pay for more performance and reliably expect to get it. Bonds with no upside and a huge potential for downside, while most wealth management firms (I’m a portfolio manager) wouldn’t let us go more than 20% even for very low risk investors. Reddit's hub for advice, articles, and general discussion about getting and Il y a trois ou quatre outils dans Wealthica qui te permettent de surveiller ton portfolio (voir les gains réalisés, les frais encourus et la projection des frais dans 30 ans, suivre les dividendes, comparer la performance de son portfolio au SPX, NASDAQ et S&P500), et l'avantage de ça, c'est que ça se synchronise avec Wealthsimple, donc tu n'auras jamais à entrer manuellement The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. A lot of weird comments here. As it stands, WealthSimple Cash aside from Get the Reddit app Scan this QR code to download the app now. Rather, you own shares of the fund whereas those organizations truly own the asset since they have the "keys". Reply reply The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. I also have Wealthsimple trade tfsa for Canadian stocks and The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Both I believe will perform about the same long term. This is just a community. So here it is: 2023 total return (including dividends/distributions) according to Morningstar: XBAL: The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. Nothing but good things to say about WS so far, solid performance with zero active mgmt required. 25%) I believe I only have to transfer funds to my Wealthsimple Trade TFSA account, wait a few days until the transfer is complete, and then buy VGRO which I wouldn’t mind doing once a month. Don't post questions related to that here, please. r/PersonalFinanceCanada has some great resources about when you should consider View community ranking In the Top 1% of largest communities on Reddit. That, and you really can’t finesse your orders. Has anyone here joined the venture fund. you will need to log into your brokerage account, calculate how many shares you want to buy, and buy them. This is why Wealthsimple is a far better long-term choice. How does the 15% performance fee for returns above 5% work? There were conflicting views in another thread so I'm seeking clarity. They might have other interest generating income, but you're not involved in Mainly, because of Foreign Exchange fees with Wealthsimple. When you look at this there doesn’t appear to be ANY benefit to diversification which is obviously not the case. 99/month it's better than anything else I've tried so far. 4%. It is much more important to look at performance of your fund than the fees you pay. *** Depends on how involved you want to be. At the end of the day, Wealthsimple is a tech company and really is no better at predicting the best path for future gains than anyone else. The Wealthsimple portfolio is based on the iShares MSCI World Islamic index ETF (you can google that). I'll still wait until more info regarding the fund is available. This assumes you are using a properly diversified portfolio, and you can expect long-term returns to average 4. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Wealthsimple Invest is great because you can forget about it. The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. I left for the fees and I am coming back. I also had one major technical glitch where $24,000 was auto-withdrawn from my account (auto-deposit was stuck in a programming loop pulling out $2,000 every 2 hours!). The ordering was Bank stocks Mutual funds Wealthsimple It was a year not a long term thing so YMMV and past performance is not an indicator of future performance, but you can guess which one of the 3 I'm dumping. Pretty surprising wealthsimple cannot correctly calculate this, it seems like they just tried to reuse whatever they had for their managed fund stuff. I noticed that it states the performance of VTI and IEFA is -5. *** Let's you import all of your accounts from Wealthsimple and track them as separate portfolios. I've been using the robo advisors from Wealthsimple, Modern Advisor, Questrade, and CI Direct (formerly Wealth Bar) for about 5-6 years and can say that they've all performed pretty The question was why Wealthsimple over a traditional bank, and the answer is the trading and admin fees are much lower on Wealthsimple than a TFSA with a major bank like I occasionally use Wealthsimple to gamble invest small amounts in crypto but I've been looking to put more money back into a managed and self-managed portfolio, as well as Investing Wealth simple vs Questrade? (self. I am in Canada. Target education funds have averaged 5-6% over this time. Initially I believe I was 75/25, then I went to 80/20, then 90/10 and now I’m 100% equities. Or check it out in the app stores Wealthsimple TFSA vs Managed TFSA . I contribute 200 dollars biweekly. 5%. OP has an allocation meant for someone who is getting close to retirement, not someone young trying to grow their The unofficial subreddit for discussion relating to all Wealthsimple services (Trade, Invest, Crypto, Cash, etc. What bugs me about Questrade is it seems like the website is kinda clunky/complicated to work with and you have to pay to sell. Or check it out in the app stores You pay around $25 for each 10000 at questrade vs $70 for each 10000 at wealthsimple Growth: depends on your risk level. The question is, do you have the knowledge and desire to manage your own investments. Easy to do, but not for everyone and you have to be more disciplined. Why either or? Don't bother with WealthSimple Cash unless it's a temporary money storage before you use the funds to invest that or you're holding out for their spending features which have yet to be released. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, 65 votes, 90 comments. PersonalFinanceCanada) submitted 4 months ago by Existing_Solution_66. *** My biggest problem with how Wealthsimple reports performance is the complete lack of reporting on volatility that they provide. The platform is great for assessing individual stocks and it provides the tools you need to track your performance, dividends, etc. However, things have changed and because of that, I’ve moved my portfolio away from WS managed investments (the robo investor). As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Posted by u/num2007 - 3 votes and 39 comments Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores Questrade's robo-advisor or Wealthsimple's robo-advisor? Also open to any other suggestions, or advice on saving. *** I ran a 12 month test among Wealthsimple, some equity mutual funds via an advisor and Canadian bank stocks. S. For reference, the accounts are a IF you've been using Wealthsimple's robo-advisor for convenience purposes vs an asset allocation, the cost over the last 5 years has approximately 2% of your portfolio value/year. *** Nexo is the world’s leading regulated digital assets institution. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with Get the Reddit app Scan this QR code to download the app now. Is it possible to display YoY performance for your portfolio? Or is there a feature that shows your quarterly/yearly performance versus indexes like S&P, Dow I'm looking for real data on Wealthsimple's Growth and Balanced portfolio performance for the last 3 months. and International Not to mention, Wealthsimple could strike deals with Morningstar or other companies to provide access to their research and news to Wealthsimple clients for free that non-Wealthsimple clients would otherwise have to pay for. Currently with QT. *** Given the same risk level the Tangerine and WS investments should return approximately the same amount before fees. Venture fund performance . . This subreddit is a place to discuss anything related to Canadian personal finance. Other than that, I found these 2 are pretty much It's not just the market. 2 Hi all, I opened my wealthsimple account in April 2017, and have had a return of -1% or less since then. Select a performance data type (Historical Questrade has lower MER and I think more exposure to US market. gbg tyymz nbdvcgh cieoxgp bqec cztgjcv edk vckk knjor qveds orc tikggl amuw fmpd ssscp