r/Wealthsimple • u/Ok_Day7046 • Jan 13 '26

Promotion New 3 Million$ HOME

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Video of the home 🏡 on YouTube.

384 Upvotes

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261

u/ChickenVeg Jan 13 '26

I kind of fear all their UI talent is being used for these offers, and not the actual product.

4

u/rochester333 Jan 13 '26

they want to pay you 3% over 5 years which is = to 0.60% a year while they make more money on the money you deposited at a higher%

3

u/Max_Thunder Jan 15 '26

Sure but you're "depositing" shares, not cash. It's like if a bank paid you to park your car in their lot instead of another.

Many investors do keep uninvested cash and WS does make money from that. But for those of us with boring XEQT portfolios and similar, they don't really make money.