As of August 14, 2024, we’ve lowered the asset requirements for investing in alternatives at Wealthsimple. If you have $50,000 in liquid assets (even if they’re not held with us) and meet a few other suitability requirements, you can invest in our private credit funds. Minimum investment is $10,000. Read more: www.wealthsimple.com/en-ca/private-credit
Private credit involves loans to private companies, often offering higher returns and diversification. Due to its complexity and risks, a financial adviser can help with due diligence, access, and risk management, ensuring investments fit your strategy and comply with regulations.
Certainly, I’ve been working with a specialized financial adviser to navigate private credit investments. Starting with an initial allocation of $100k, my adviser has strategically managed my investments, optimizing entry and exit points. This approach has grown my private credit portfolio to approximately $500k.
So... the "target" is 9% (which is just a "target", might as well be 9999%), but the "advisory" fee is 1.25 (and that is SURE to be charged, not only it the "target" is met?) plus 15% over whatever goes over 5%? Plus any "other fees". Where can I see some REAL numbers. Like someone who has invested de minimum 10k, how much did they make month to month NET?
1.25% of managed amounts, plus 15% of gains over 5%, which is "in addition to Wealthsimple Inc.’s standard managed investment fees", which is not disclosed on their brochure - Yeah, if I can't read all the fees on the first click, I am not interested.
Probably somewhere in the middle. With higher interest there are more profits, but there is also a higher chance for companies to default on the loans.
Oh man this has ponzi written all over it. You aren't paid with interest earnings from that month or year... You are paid a set amount - which means you have no idea where your money is, or what return it's actually earning.
Private credit involves loans to private companies, often offering higher returns and diversification. Due to its complexity and risks, a financial adviser can help with due diligence, access, and risk management, ensuring investments fit your strategy and comply with regulations.
In the realm of private credit, diversification and a deep grasp of market dynamics are essential, particularly in volatile times. Balancing potential opportunities with prudent risk assessment can guide investors effectively through the complexities of private credit investments.
Needs 100k net deposits, i have an account over 150k but im not eligible since i only deposited 75k. Im gonna stick to spy
As of August 14, 2024, we’ve lowered the asset requirements for investing in alternatives at Wealthsimple. If you have $50,000 in liquid assets (even if they’re not held with us) and meet a few other suitability requirements, you can invest in our private credit funds. Minimum investment is $10,000. Read more: www.wealthsimple.com/en-ca/private-credit
Private credit involves loans to private companies, often offering higher returns and diversification. Due to its complexity and risks, a financial adviser can help with due diligence, access, and risk management, ensuring investments fit your strategy and comply with regulations.
Certainly, I’ve been working with a specialized financial adviser to navigate private credit investments. Starting with an initial allocation of $100k, my adviser has strategically managed my investments, optimizing entry and exit points. This approach has grown my private credit portfolio to approximately $500k.
Nicole Anastasia Plumlee the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
So... the "target" is 9% (which is just a "target", might as well be 9999%), but the "advisory" fee is 1.25 (and that is SURE to be charged, not only it the "target" is met?) plus 15% over whatever goes over 5%? Plus any "other fees".
Where can I see some REAL numbers. Like someone who has invested de minimum 10k, how much did they make month to month NET?
1.25% of managed amounts, plus 15% of gains over 5%, which is "in addition to Wealthsimple Inc.’s standard managed investment fees", which is not disclosed on their brochure - Yeah, if I can't read all the fees on the first click, I am not interested.
@@KevlarGorillathen dish government taxes its not worth it😅😅
thats all i want to know lol
How long your clients have to wait for FHSA account? I dont wanna go with Questrade
What a bunch of fun Muppets. Yea go long risky credit markets during a fed tightening round. Brilliant
I really like this company.
Look at my comment
Interesting offer! I should be eligible within a year or two and will check back then =)
Hopefully a WS person will answer questions on this feed.
Is this like distressed debt or junk bonds? On that level of risk?
Probably somewhere in the middle. With higher interest there are more profits, but there is also a higher chance for companies to default on the loans.
@@deadrollerid love to know the numbers with regards to the defaulted loans.
9 percent minus fees ? Is hiw much to me
9% net after the Wealthsimple and fund manager fees.
It's so risky, they have to limit your investment to 20% of your portfolio! Are they expecting you might lose %500!? No thanks.
😮 damn! Thats scaryyy
Actually TOP billionaires invest in Credit, unlike 90% of people.
But 9% isnt that high lol Average market return is 10%.
Oh man this has ponzi written all over it. You aren't paid with interest earnings from that month or year... You are paid a set amount - which means you have no idea where your money is, or what return it's actually earning.
Buy Bitcoin
Private credit involves loans to private companies, often offering higher returns and diversification. Due to its complexity and risks, a financial adviser can help with due diligence, access, and risk management, ensuring investments fit your strategy and comply with regulations.
In the realm of private credit, diversification and a deep grasp of market dynamics are essential, particularly in volatile times. Balancing potential opportunities with prudent risk assessment can guide investors effectively through the complexities of private credit investments.
This is definitely considerable! think you could suggest any cfa I can get on the phone with? l'm in dire need of proper portfolio allocation.
I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.