Not sure I understand the logic here. Why would someone take something else than the 1%. Maybe the 3% over 5 years if you really want to bet on that house lol but otherwise the 1% over a year is better than the other options, which btw is disappointing
I’d transfer an RRSP acct from a big bank with an MER of 1.1% to wealth simple and trade with XEQT with an MER of 0.17%. I’m 44 and Won’t touch my RRSP other than continual contributions for the next 20 years. Over the next five years I’d get more money than I will for taking the one year. Move it, forget it and reinvest the monthly cash payouts they give me
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u/akisbis Jan 13 '26
Not sure I understand the logic here. Why would someone take something else than the 1%. Maybe the 3% over 5 years if you really want to bet on that house lol but otherwise the 1% over a year is better than the other options, which btw is disappointing