Investing
A reinvestment strategy is where the investor uses income in the form of dividends or interests in an investment to purchase additional units of the asset class instead of withdrawing these cash distributions. It’s a great way to increase the value of your investments over a period of time. Here, we take a look at […]
Let’s be honest. Most investors aim to generate consistent returns and build long-term wealth. As interest rates and bond yields are near record lows, equity markets remain the top bet for Canadians looking to beat inflation rates. One of the smartest financial instruments that investors have at their disposal are ETFs or exchange-traded funds. An […]
One way to give your child a head start in life is to save for their education. The Registered Education Saving Plan (RESP) allows you to put money aside for education and enjoy tax benefits from the Canadian government. This guide covers everything you need to know about the RESP in Canada. We cover the […]
Wealthsimple Trade is one of the financial platforms offered by Wealthsimple, of which Power Corporation is the main shareholder. While National Bank Direct Brokerage has very recently announced free commissions on the purchase and sale of stocks and exchange-traded funds (ETFs), Wealthsimple Trade was already a pioneer in Canada in this regard. But some things […]
To invest in the stock market on your own, it’s essential to choose the right online broker. Luckily, there’s no lack of options! Here’s a guided tour of a first-in-class online broker, Scotia iTrade, for those who are ready to ignore a slightly higher price list. The Scotia iTrade online brokerage platform is obviously taking […]
When you retire, you need to withdraw money from the retirement savings in your registered retirement savings plan (RRSP). This is where the registered retirement income fund (RRIF) comes in. You can convert your registered retirement savings plan (RRSP) plan to a registered retirement income fund and receive periodic income from the fund. Your deposits […]
While in line to use the automated teller machine, I overheard two people discussing their most recent investments on the Canadian stock markets. “I don’t need to keep my brokerage account with XYZ bank. I’ll be transferring my assets to Qtrade,” concluded one of them. Why Qtrade? Here’s a look at an industry leader. Qtrade […]
Sponsored by National Bank Direct Brokerage Is it time for you to become a self-directed investor and use a direct brokerage service? Do you want to cut out the middleman and invest in companies you trust? Here are our top tips for getting started with a direct brokerage platform. 1. Forget your brother-in-law’s advice, bet […]
If you receive a large sum of money from an inheritance or the sale of your house or business, you have every interest in investing in the stock market. In fact, if you keep your small fortune in a bank account, it may lose value each year because of inflation. But how do you go […]
The internet has changed the way we interact, the way we work, and the way we educate ourselves. But one of the biggest industries to be affected by the coinage of the internet is the stock market. With the evolution of the internet, literally, anyone can find live stock quote feeds within seconds. Those who were […]
You work hard for you money (or should I say bacon), and you deserve to have it protected. Investing is a way to protect and produce income, but also a way to lose it. With that said, I have some good news and some bad news. The bad news is that there are no get-rich-quick […]
Cartoons are way smarter than you probably think they are. You can learn from about almost any topic by watching them, if you pay attention. And investing through an online broker is not the exception. In fact, here are 10 lessons about investing you can take away from watching cartoons: 1. Investing for the long […]