Hello,
After reading:
- Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School by Andrew Hallam
- A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton G. Malkiel
- Unshakeable by Tony Robbins
I’ve been ready to jump and finally invest in Index Funds and Bonds in a similar portfolio order:
- 30% in Canadian Bond Index
- 20% in Canadian Stock Index
- 25% in American Stock Index
- 25% in International Stock Index
Just wish I’ve read these books, researched, and found an imterest in investments in my late teens/early 20s, but as a 31 year old, what to do...?
Anyways, wife and I are Canadian expats living in the UAE and have a nest egg of 10 months combined salaries in the bank, just sitting there. Currently we’d like to use some of that money and monthly salaries to invest about USD 2,000 monthly on “something”.
So I emailed TD Bank since in one of the above books and blogs, it’s mentioned that they have the least expensive bonds and index funds in the whole country. Around 0.4% for these e-series funds rather than 2%.
But they’ve emailed me back and sent me the below email:
You have indicated an interest in purchasing our E-Series Funds. Due to Rules and Regulations from the 'Mutual Fund Dealers Association' of Canada; we are prohibited from selling mutual funds to persons "outside of Canada"
What’s another option now?
Submitted June 02, 2018 at 07:37AM by kikipi https://ift.tt/2LULsij
