this post was submitted on 02 Aug 2023
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[–] [email protected] 2 points 1 year ago (8 children)

I have money in wealthsimple for the past 3-4 years and it's been in the negatives pretty much since the start.

The money I put in sp500 since then has grown. (Voo)

Generally speaking, is it better to wait until money in a managed account breaks even before flipping it over to sp500 or cut my losses on the managed account and just put everything in some etfs

[–] TanakaAsuka 2 points 1 year ago

Exact same situation, and I'm slowly converting my money over to different ETFs that are pulling me back positive.

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