Now the world has frozen interest rates and stock prices, the economy in the long run I bet I could feel he will be able to recover more down, Mutual Fund (mutual fund) to open an account at First Tax-Free Investment Savings Account (TFSA) I tried to invest the funds are put into small.
Mutual Fund Savings already have an account with ING Direct's, Streetwise Balanced Fund chose that product. This fund index fund, 40% Canadian bonds, Canadian equity 20%, US stocks 20%, international equity ratio of 20%.
TD index funds similar in configuration to the e-Series and the fee is cheap in better here, as TD did not have a main bank has any pictures when I was using, ING and Mutual Fund Order, so differences can not be bothered I open a bank account opened in ING (Nante not sacrifice it is not that much in this online nowadays). Fee is the way, ING will invest 1% / Yr, TD is the total investment 0.45% / Yr is about.
In Japan, the Temashita try new things in Canada to invest in Mutual Fund is the first time. And say why, regardless of the benefits and risks long-awaited investment in Canada is because of high taxes and wondering what it was like they were taken either at aperture Nari taxes.
But why this started, TFSA, because thanks to them free of duty. Yes, this is a Mutual Fund to profit from it tax free even 1%. Now only $ 5,000 is not a Tax Free, TFSA each year that the money they will put in $ 5,000 increments, the more I think it would be amazing given.
Incidentally, April 29 when the account opening day is the standard price was $ 8.50 yesterday, May 4 at the time of the day Temashita is $ 8.66. Work only on weekends because it'll go three days and two nearly gave up (Incidentally, even if the interest on bank deposits is now about 1.5 percent a year 1). Maa, I have no choice even if the movement of the day fretting over this idea because in the long-term investments per year, plus who is going straight from the beginning of the investment is happy.
By the way, I have a regular Savings or saving for a TFSA, Mutual Fund have an ING Direct account in the Savings Account without any deposit account (I can draw at any time that is) TD Bank and other regular one year par with the obvious interest. When you open an account at each other about my bonus and $ 13 each contains. If you want to open an account, please contact us from here, so send invitations.