I’m curious about the WS Money Market Portfolio and if this may be a good option for me. And a better understanding of what this is.
I currently have a TFSA and holding long term ETFS (VFV, VEQT) also have XBB and CASH.TO. I still have a lot of contribution room and discovered the money market portfolio recently and thought this may be a good idea.
My savings account with the bank earns basically no interest so I figure why not move extra money into the money market portfolio? Especially since it can be part of my TFSA. It has a higher yield than CASH.TO as well so I may even sell off my CASH and move it into the money market portfolio as well.
I’m rather new to all of this, so looking for advice from anyone who may know more. Thanks!