Minimizing fees and commissions should take priority at this point over using a particular brand of index fund.
Not exact matches
Bottom line for me: Questrade is a good little discount broker for experienced traders who understand where the
fees and commissions come from,
and most importantly how to
minimize them.
Our priorities in recommending a list of the best brokerages for first - time investors focus on
minimizing costs with some combination of no opening minimum requirement, low or no
commission or
fee per trade,
and low or no service or standard
fees, e.g. annual
fees, inactivity
fees.
According to a survey
commissioned by the Electronic Transactions Association, 57 percent of small businesses would choose a shorter - term loan in order to
minimize the total
fees and expenses when presented with a short - term investment opportunity.
Since it's important to
minimize fees, you may want to consider brokers that offer no - transaction -
fee mutual funds or
commission - free ETFs that have low or no loads
and / or low expenses.
I know it is front loaded with
fees, but if it is set up the right way to maximize cash value
and minimize the death benefit (the agent takes a 70 % + hair cut on thier
commission) it seems like a great wealth preservation
and tax efficiency vehicle.