So I went on the TD bank site to figure out my deductions to the mutual funds (e-series). I'm pretty chicken about it. I tried three times and I don't know how to get the deductions set up. They want me to put $100 per fund and I don't want to do this. I just want to put $50 per fund to have a total of $150 per month. I finally just quit when I wasn't able to get my way.
It feels icky when a bank defeats me. I asked TD on their Facebook page why I can't put down $50 per fund and they said I have to call their online number but it is too late now. I am discouraged.
I don't know why their people can't tell me how to do this stuff directly. It's not as if this is top secret stuff. Here is my yapping at them:
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8:10PM I made a TD mutual funds account. I want to buy the e-Funds. I don't know how to do this. I don't have a TD savings account with money in it to transfer. I have to transfer from my other account. I can't figure out how to do this. How do I set up the automatic deductions?
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OK I figured the first part out. But now they make me pay $100 per fund. I just want to pay $150 per month on three funds. So why do I pay $100 for the first purchase?
You will need to give the payment instructions to TD to withdraw from our other financial institution. For all other questions regarding your investments, I recommend that you call TD Direct Investing at 1-800-465-5463. Only a licensed advisor is able to help you with your investing questions and concerns. I apologize for any inconvenience this may cause.
I got the banking stuff there but I only want to put $150 per month and they make me pay $100 for the initial payment. Is this only for the first payment? And after that I can put just $50 each for the three e-Funds?
Please direct your questions to our Investment Department as they are in the best position to help you out.
OK I will call them tomorrow. It seems odd that I can't put in $50 for each of three funds to a total of $150 to get the minimum of $100 required or do you have to pay a minimum of $100 per fund for a total of $300 per month? If so they should tell us this in their information.