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0 pointsonli4mo ago0 comments

With the amount people usually trade $10 is a huge percentage. When you factor that in with the missed compound interest of that money you usually lose tens of thousands of dollars until retirement, likely more.

There is no need for a big bank here, in Europe. If one of those regulated companies goes bankrupt the etf is still yours and transferable to a different institution.

War in Europe is the remaining risk factor, but if that happens it won't matter anyway.

0 comments

koakuma-chan4mo ago

Not sure how it's like over in EU, but in Canada, at this point, I assume all fin tech startups are scam. Neo financial and wealth simple are definitely fucking scam. Major banks may suck but at least you get what you pay for.

jamie_ca4mo ago

Curious about your opinions on WealthSimple, if you can share. I got introduced to them when they bought out SimpleTax, and so far they've been pretty reasonable for investments.

koakuma-chan4mo ago

They require a paid subscription to use USD. They claim to have customer support, but the button isn't actually working, it does nothing. At least they respond by email. That's all I found so far, but I haven't actually made any trades yet.

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0 pointsonli4mo ago0 comments

There is no need for a big bank here, in Europe. If one of those regulated companies goes bankrupt the etf is still yours and transferable to a different institution.

War in Europe is the remaining risk factor, but if that happens it won't matter anyway.

0 comments

koakuma-chan4mo ago

jamie_ca4mo ago

Curious about your opinions on WealthSimple, if you can share. I got introduced to them when they bought out SimpleTax, and so far they've been pretty reasonable for investments.

koakuma-chan4mo ago

j / k navigate · click thread line to collapse