My Accounts

Customer Service

Products & Services

Markets & Research

Planning

Banking

Investing

Insurance

Small Business

		Accounts
		Personal Credit
		Mortgages
		Credit Cards
		Foreign Currency Services
		Student Life
			Managing Money
			Paying for School
			Smart Saving
		-	Short-term Goals
		-	Long-term Goals
			Going Places
			List of Products
		Electronic Banking

Smart Saving

Invest for the long term

How do you see yourself living five or ten years after graduation? You can set yourself up for the future if you start saving early.

You’re in no rush to get there, but imagine your life in a few years’ time. Are you in your own house? Is there a nice car in the driveway? Are you running your own business? If you set aside small amounts of money on a regular basis, starting now, you can be ready for just about anything.

These strategies can help you save and help your money grow.

Kick-start an RSP to save taxes

Find out why TD Retirement Savings Plans (RSPs) aren’t just for old people. Once you start working, contributing to an RSP earns you a generous tax deduction as an incentive to save for your future. Plus, the money you invest grows tax-deferred until you withdraw it — giving you lots of time for your money to grow.

Did you know: You can use RSP money to buy your first home. Start saving now, and you can eventually withdraw as much as $20,000 from your RSP to purchase or build your first home. Such withdrawals are not taxable as long as you repay your RSP over 15 years.

Invest it automatically

Whatever you’re saving for, our Pre-Authorized Purchase Plan (PPP) will help you invest a set amount into a TD Mutual Fund at regular intervals (from weekly to annually). For example, you can transfer $25 every month automatically from another account. Saving is easier when you don’t even have to think about it and chances are, you won’t miss the amount you’re investing.

Ready to be more hands on?

If you’re ready to graduate to a more hands-on approach to investing, why not attend a free TD Waterhouse seminar? Your questions will be answered by experts in the field, and you’ll gain confidence about what investment options make sense for you.

For anyone who wants to invest online, TD Waterhouse WebBroker is a safe, secure and easy way to manage your investments and get up-to-the-minute market analysis and information.

The advantages of investing in mutual funds

Buying units of mutual funds with your savings allows you to pool your money with other investors for greater purchasing power — and the mutual fund uses the money to buy securities such as stocks and bonds. In turn, professional money managers make the investment decisions concerning which stocks, bonds or other securities will be used to fulfill the investment objective.

There are many kinds of mutual funds suited to different investment goals. Browse our mutual funds basics to learn the benefits they can bring, from investing globally to managing market risk.

TD Mutual Funds are available to suit a wide range of investment objectives and risk tolerances. For instance, if you are concerned about using your money for sustainable investing, the TD Global Sustainability Fund invests in companies around the globe, that are viewed as contributing to the world’s future sustainability.

Learn to invest for the long term

Let TD Canada Trust show you how to get started to help make your savings grow over time. We can guide you through some of these common starting points for new investors and highlight the ones that make the most sense for you.