Where to Find Comparative Tools

With the new year kicking off, investing is top of mind for many of us, especially with all the new contribution room that many of us just received in our different registered accounts here in Canada (TFSA, RRSP, RESP, FHSA).

Now before we decide what to invest in with our contributions this year, I thought it would be wise to look into:

-What are some of the major and common mistakes that Canadian investors make when they do their own analysis on which investment to buy?

-When we are looking to compare two investments, whether it's a mutual fund, or an ETF, what is the process that we should follow to make sure that we are doing appropriate and thorough due diligence?

-Are we paying near the low-end vs the top-end of the spectrum when it comes to fees? What would be considered a "high" fee vs a "low" fee for the Canadian investor?

-Are there other charges or fees that we should be mindful of in addition to just looking at the MER for an ETF or mutual fund?

-How to properly compare investments that we are considering?

We go into all that and more in this episode. Enjoy!

Resources Mentioned:

ETF Comparison Tool

ETF Guide: What I Invest In and Why?

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