TFSA Account Help! CIBC Mutual Fund or WealthSimple ETF

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Investing

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Hey everyone,

I'm still a bit new to this. I'm looking for your help between choosing CIBC or WealthSimple.

I currently have a TFSA account with CIBC that that has around $12k currently invested in the CIBC's Global Tech Fund. Due to life decisions and COVID my income will be very low this year. I've decided to withdraw my RRSP from Manulife (~$13k) and use some of the funds to explore different avenues in life.

My question is, should I leave the bulk of my money (~$23k) with CIBC in their Global Tech Fund, or move it to WealthSimple and put it into a ETF such as ARKW?

I'm looking to find a low fee, high return place to put money for the next few years.

Thanks!

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kennedy1995

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Posted: 4 years ago
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