 ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | Can Canadians buy Vanguard funds? Rather than "Canadians", let me say: "Canadians" and "Canadian residents" (temporary or permanent but legal residents either way). |
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 GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:16 | »www.vanguardcanada.ca/portal/ca/en/home.jsp |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | Thanks, but I meant the US target retirement funds.
»personal.vanguard.com/us/funds/v···mentList |
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 snafuIs it Friday yet ?Premium
join:2004-02-16
Mississauga | they seem to offer way more options in the US
maybe there is more than ETF available here though |
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 DKSDamn Kidney StonesPremium,ExMod 2002
join:2001-03-22
Owen Sound, ON
kudos:2
 ·Bell Sympatico
| reply to AR
Not unless they have filed a prospectus with the OSC.
--
Need-based health care not greed-based health care. |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | In English? |
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 BryceS
join:2007-09-17
Woodstock, ON | reply to AR
If you have a self directed brokerage account that has access to NYSE then I don't see why not. |
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snafuIs it Friday yet ?Premium
join:2004-02-16
Mississauga | according to this you can do it but need to work through a U.S. based broker: »www.bylo.org/usmfcan.html
See the part about is this legal (answer yes and no). plus the tax implications get messy"
But AR you being a "resident" may have opportunities not open to other mere mortal Canuks |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | I was under the impression that the funds in my pension plan thru work would be north of 2% MER. But they are around 0.62% and me likey! |
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snafuIs it Friday yet ?Premium
join:2004-02-16
Mississauga | thats a really good rate. I don't own any funds near that low of a MER |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | Might be because the employer pays for the fees on their end? Or because Standard Life has a pool of around 30,000 people who're contributing to the pension plan and buying their products so it's a "corporate discount" kinda thing? |
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BryceS
join:2007-09-17
Woodstock, ON Reviews:
 ·TekSavvy Cable
·Yak Communications
| said by AR:Might be because the employer pays for the fees on their end? Or because Standard Life has a pool of around 30,000 people who're contributing to the pension plan and buying their products so it's a "corporate discount" kinda thing?
They could be passively managed funds as well.
ie) Index Funds |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | It's a group plan deal I'd suppose. And could be passive as well like you said! |
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snafuIs it Friday yet ?Premium
join:2004-02-16
Mississauga | reply to AR
i believe most US based funds have lower MER compared to Canadian.
we are getting hosed by the "advisers" |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | Well....the "advisers" need to eat too, right?
It is the cost of living in Canada.
I could buy my car myself in the US to save $7000 but I don't have the time or skills to manage my own investments. If I could, I would. |
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| reply to AR
a good advisor costs money. Depending on what you are looking for in Toronto I know of a couple of good wealth advisor |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | reply to AR
I take back my own post back.
Look at my new thread for reasons why: »"Robellus" is bad? Have you looked at your RRSP? |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | reply to snafu
As always, every day I learn something new about Canada.
"Advisers" here are funds salesmen.
I saw them as someone who manage my account towards making it grow.
But if they have charged me a DSC fee, I'm stuck with the funds for 6-7 years.
How are they any different than any other company that locks in a customer for a period of time and charges early termination fees?
What do these "Advisers" do for us? |
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BryceS
join:2007-09-17
Woodstock, ON Reviews:
·TekSavvy Cable
·Yak Communications
| said by AR:As always, every day I learn something new about Canada.
"Advisers" here are funds salesmen.
I saw them as someone who manage my account towards making it grow.
But if they have charged me a DSC fee, I'm stuck with the funds for 6-7 years.
How are they any different than any other company that locks in a customer for a period of time and charges early termination fees?
What do these "Advisers" do for us?
Any fund that has loads is a scam. |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | Yeah, tell me about it. |
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