RBC InvestEase: Simplicity and Convenience in Automated Investing

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This article about RBC InvestEase is sponsored by RBC, but all the opinions expressed herein are my own!

The best way to achieve long-term financial security is by investing in the stock market. This is where the money you’ve worked so hard for goes to work for you. Opening an investment account takes a little more legwork than opening a savings account, but once you start, you can set it and forget it thanks to automated investing platforms.

Why automated investing is for everyone

Investing in the stock market can feel overwhelming and intimidating, but most people understand they need to do it if they ever want to enjoy long-term financial security. Nevertheless, most people don’t have the time (or desire!) to get a finance degree just to put together a portfolio. And they shouldn’t need to!

Automated investing is the answer to help Canadians start investing and taking control of their financial future. Whether you’re a brand new investor or a seasoned pro, you can benefit from an automated portfolio to help you reach your long-term financial goals.

I’ve managed my own portfolio since I started investing in the stock market, but even I’ve handed over part of my funds to automated investing. I love the ease and simplicity of automated investing, particularly since I’ve become a mom, as I no longer have time to research stocks and watch the market. However, I still want to make sure my money is working for me. By automating most of my investment portfolio, I have the luxury of more time with my daughter, while still ensuring both of our financial futures are taken care of! Now when I trade individual stocks, it’s more for fun than trying to earn a specific return.

There are plenty of automated investing platforms to choose from, but RBC is one of the newest and most affordable ones available.

What is RBC InvestEase?

RBC InvestEase is an online investment management services that launched in November 2018 to help you access the stock market, even if you’re a brand new investor. RBC InvestEase provides automated investment advice and ongoing portfolio management at a low cost. You don’t have to do any research or buy and sell securities; experts at RBC InvestEase do all the work for you. This takes the stress out of investing, and lets you focus on what’s most important to you, knowing your financial future is taken care of.

When you set up the account, you’ll answer a few questions to determine your investor profile and risk tolerance. From there, your money will be invested in a portfolio that matches your financial goals and investor personality.

rbc investease

Here’s my assessment of potential gains based on my risk tolerance.

Because I’m a seasoned investor, I understand the stock market goes up and down so that has given me a high tolerance for risk! If you’re new to investing, you might be more comfortable with a lower level of risk. All that matters is you get the portfolio that’s right for you!

You’ll also have access to a team of accredited Portfolio Advisors who are available by phone to answer any questions. RBC InvestEase brings convenience, speed, and simplicity to Canadians’ busy lifestyles.

Start with as little as $1,000

Before I started investing, I made the mistake of thinking it was only for “rich” people. I figured you needed tens of thousands of dollars to get started in the stock market, and I know plenty of people still believe this. The truth is, you can begin investing with much less!

rbc investease

My projected portfolio growth beginning with an initial investment of $1,000 and a regular monthly contribution of $300. This will add nearly a quarter-million dollars to my retirement assets! Not too bad!

You can open an RBC InvestEase account with only $1,000. Once your account is open and funded, RBC InvestEase builds a portfolio comprised of low-cost ETFs and manages it for you. Dividends and other income earned by investments will be re-invested, so your portfolio can continue to grow. You can even open your account as a TFSA or RRSP to tax-shelter your investment income and help your portfolio grow even more.

How much does RBC InvestEase cost?

The RBC InvestEase management fee is only 0.5% per year on your investment balances, making it an excellent low-cost option for investors. This means for a portfolio of $10,000, you’ll only pay $50 per year in management fees. Compare this to the average mutual fund that charges 1.5% and would cost you $150 in fees per year.

Minimizing fees is an integral part of investing wisely because fees can tremendously impact your overall returns and portfolio growth. Best of all, RBC InvestEase is waiving their management for 6 months if you sign up by June 16, 2019.

Don’t procrastinate when it comes to your financial future

The best time to get started investing was as soon as you were old enough to open an investment account, but the second best time is now! Don’t wait to start your financial future off on the right foot. Open an RBC InvestEase account today, see how easy investing can be!

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About Author

Student debt killer, super saver, and stock market addict. BSc. in Chemistry from the University of Alberta, MBA in Finance from the University of Calgary. CEO x 2 and MOM x 1. Currently residing in Calgary, Alberta, Canada, but hooked on travelling.

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