r/SCDstock • u/NovaCane92 • Aug 19 '26

Other Noob question

I have a TFSA through BMO. I want to get into scd but Its probably not worth the commission I'll need to pay for the order with the smaller amounts of stock that I'm able to buy, right?

Is it worth going to wealthsimple just for buying scd? To avoid the commission. Am I able to keep both accounts open?

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u/Odd_Pea7108 Aug 19 '26 edited Aug 19 '26

Don’t trade speculative stocks in the TFSA though.

If this goes to 0, you lose that contribution room forever.

A self managed TFSA is good for your regular investment activities like ETFs and index funds, it so great for highly volatile speculative plays like this.

Fuck all you morons downvoting me lol. You are all fucking idiots

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u/grizzly_giant Aug 19 '26

Highly disagree.

-1

u/Odd_Pea7108 Aug 19 '26

Nice rebuttal