Hey all,

Happy Friday!

I really need some assistance and I am not sure who to talk to! (As I talked to my bank RBC, but now that I am starting to read into this I might be getting screwed?)

My current setup.

2k in a Tax Free savings account. (RBC) 1k in a RRSP (RBC)
3k RRSP (Manulife)

Currently adding $25 a week to savings account and $25 to my RRSP a week. (Alternating)

So, about a year or so ago I talked with RBC on starting to save some money after I got my first “real” job out of school. (23yo).

I have both accounts in high risk? As I thought it would make me more money. But I only see them change like $20-30 but they drop so often.

From what I hear, investing with a bank isn’t a good idea as the price for them to mange it takes away from all your profit?

What should I do? I’m also a bit hesitant with apps as idk I’m paranoid and feel like I’m going to lose all my money!

I really don’t care about making crazy money, but I really would like to start investing /saving now so I’m not screwed later in life!

Thanks.