Investing
In October 2020, online broker Questrade made the move to eliminate account inactivity fees from its price list. Coupled with an already-advantageous commission rate, that’s all it took to get investors interested in the platform.By choosing one of the most active discount brokers in the industry, you’re guaranteed lower commission fees. On the other hand, […]
3 out of 10 Canadians own cryptocurrencies. Surprised? Hold on to your tuques because we live in a country of young investors who are risk takers! At least that’s one of the surprising facts that emerged from a survey of investment habits conducted among Hardbacon users between June 25 and July 14, 2021. However, the […]
The FIRE (Financial Independence Retire Early) movement’s popularity has been growing massively in recent years. Its ranks have been boosted by millions of people with the desire to kick their nine-to-five lives. The FIRE movement provides encouragement to millennials, or anyone whose lifestyle may leave something to be desired, to save as fast and hard […]
Investing in the stock market isn’t child’s play. There are emotional pitfalls that can hit you hard and lead you to make investment mistakes. Even with my experience, I’ve already fallen into one of these traps. We’re only human! Here are five of these traps and how to avoid falling into them. 1. The illusion […]
If you’re already investing in the stock market or want to begin doing so, it’s in your best interest to choose an online broker that best meets your needs. In fact, Canadian online brokers, also called discount brokers, have a variety of service offerings. There are several factors to consider in order to determine which […]
Bonds are an essential ingredient in most investment portfolios. They are negatively correlated with the stock market, so they reduce the risk inherent in a portfolio. In addition, they provide consistent returns with low volatility, so they’re generally a safe, predictable investment as well. But do you really know what a bond is? What is […]
I wanted to try Questrade after the most recent J.D. Power ranking called the 2017 Canadian Self-Directed Investor Satisfaction Study came out. I was surprised that this independent online brokerage finished last in this ranking, so I took on the task of checking it out. Here’s a summary of my experience with a practice account […]
Investing your hard earned cash in enormous, anonymous and ethically questionable companies not exactly giving you the warm fuzzies? You’re not alone. A report from the Responsible Investment Association published in 2015 cited that between 2011 and 2013, the amount of assets managed using responsible investment strategies in Canada rose by 68% from $600 Billion […]
If you’re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it’s no wonder many people are curious about its availability in Canada. In this article, we’ll explore what Webull is all about, why companies like Webull and Robinhood are not available in […]
The CSE or Canadian Securities Exchange is operated by CNSX Markets. It was recognized as a stock exchange in 2004 and the CSE aims to provide an efficient alternative for companies that want to access the public capital markets in Canada. In 2017, the CSE introduced a new index that consisted of securities of the […]
Penny stocks remain popular with retail investors as they allow you to gain exposure to the equity markets with a small amount of capital. For example, if you have $500 to invest you can buy just 10 shares of Enbridge. Alternatively, you can buy several penny stocks which will diversify your portfolio and mitigate your […]
Investing in the U.S. equity and bond markets allows Canadians to diversify their capital and lower overall risks. Several growth stocks trading south of the border also provide Canadians an enticing opportunity to grow long-term wealth and most domestic brokerages will give users access to financial instruments listed on major U.S. exchanges. The most popular […]
