Work In Progress

 

Create a Questrade account here →

Questrade can provide you 3 investing solutions all in one place and you can switch between them whenever you want!

You can:

  1. Reduce your fees by ~1% on your existing mutual funds through their mutual fund maximizer
  2. Automatic ETF Management through PortfolioIQ 
  3. Invest on your own with completely free ETF purchasing 

Quick Cost Comparison (Smaller the better!)

You can sign up switch between all three of these Questrade services with an account from Questrade!  And since ETF purchases are free you're only charged commissions upon the sale of ETFs and you might avoid paying those fees for years depending on when you sell them.

If you decide to change from one option to the other the process is seamless. For example: If you are planning on managing your own money but are still learning, PortfolioIQ is a perfect place to hold your money until you're ready to invest on your own. Portfolio IQ will invest you into diversified ETFs and handle all of the managementat a fraction of the cost of traditional mutual funds.

If you want to hold onto your mutual funds but also save a lot of money by refunding your trailer fee (more info here) their mutual fund maximizer allows you to do so while leaving your options open. You can sell your mutual funds and switch to self-managing or using PortfolioIQ auto-managing at any time.

If you think you'd use Questrade's services make sure to InvestItForward and share this method with someone who can also benefit! I can't reach every Canadian but you can help. One third or more of the average Canadian's retirement fund growth is  eaten up by traditional mutual fund fees! Imagine what we could do with that money in the hands of society and not the big banks.

Click here to create a Questrade account →

The above Questrade sign-up link provides a free month with PortfolioIQ if you go with the managed option as well as $50 in trades if you go with the self-directed option. The link directly supports me financially and allows me to help more Canadians for free.

Click here to read more about self-directed investing →

Click here to read more about robo-advisors (managed investing) →