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What Your Bank Hides About ETFs vs Mutual Funds 2026 #shorts

September 4, 2026

You can own thousands of stocks for under $35. 1. Open a TFSA first — every dollar your ETF earns inside it is completely tax-free, and for 2026 you can contribute up to $7,000 this year alone. → $7,000 2. At Wealthsimple and Questrade, buying ETFs like XEQT or VEQT costs zero commission — so none of your money goes to brokerage fees. → 0 commission 3. With just $500 you can buy roughly 17 shares at $28 per share and instantly own a slice of thousands of companies around the world. → $500 4. Bank mutual funds quietly charge MERs of 2.0% to 2.5% every year — fees that can eat 30 to 40% of your returns over 25 years — while all-in-one ETFs charge as little as 0.05%. → 0.05% Full 6-step guide 🌐 getwealthy.blog #canadafinance #personalfinance #canadianmoneytalk #moneytips #canada

Written by
GetWealthy
CFPCIM17+ yrs · Big Five Bank · Vancouver, BC

Certified Financial Planner (CFP) and Chartered Investment Manager (CIM) with over 17 years of experience in Canadian personal finance. Spent 10+ years at one of Canada's Big Five banks, the last 7 focused exclusively on high-net-worth clients. Every guide is written with the same depth I bring to real client work — Canada-specific, CRA-verified, and always free.

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