Investing
When you pick individual stocks, you do so with the belief that these companies will beat the broader market on a consistent basis. You generally look to add a combination of quality growth, value, and dividend-paying stocks to your portfolio. Alternatively, investors should also have a well-diversified portfolio of stocks across industries to minimize overall […]
One of the most popular registered accounts for Canadians is the Tax-Free Savings Account (TFSA). This account was introduced back in 2009, for every Canadian resident over the age of 18. While any contributions towards the TFSA are not tax-deductible, any withdrawal in the form of capital gains, interests, and even dividends are exempt from […]
When you are looking to invest in equities there are multiple strategies you can follow. Investors who don’t have any knowledge of the stock market can purchase ETFs or exchange-traded funds. ETF investing is the best option for the passive investor as it provides them with diversification lowering overall risks considerably. Alternatively, for the active […]
Is Cash App coming to Canada? In an interview with the Toronto Star, Block Inc CFO Amrita Ahuja confirmed plans to launch in the Great White North. But she didn’t say when and the media has been radio silent on the topic ever since. What’s the deal? Cash App’s tech pedigree is flawless. It was […]
If you’re looking for a retirement savings plan, you may be wondering if there’s an equivalent to the popular Roth IRA (individual retirement account) in the United States. The answer is yes, and it’s called the Tax-Free Savings Account (TFSA). Understanding the Roth IRA in the United States The Roth IRA is a popular retirement […]
Seasoned investors will know that the stocks with the highest dividend yields are not always the best dividend stocks. Yes, higher yields are a feature of most dividend stocks. But a rising dividend yield can simply be a function of a declining share price. And, of course, this can be a sign of problems in […]
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 […]
Money Market Exchange Traded Funds (ETFs) are funds that invest most of their assets in short term debt securities. These securities may include term deposits, commercial paper and short term government bonds. Typically, most of the investments in those ETFs have maturities of less than one year. These ETFs are therefore considered as a safe, […]
Investing in gold is a popular choice, and many investors turn to Royal Canadian Mint gold coins for their tangible value, unique history, and captivating artistry. But the real question remains: Are Royal Canadian Mint gold coins an effective investment? The Royal Canadian Mint and Its Gold Coins Established over a century ago in 1908, […]
When you are considering buying a stock, one question you will probably ask is “am I paying too much for it?” In the world of investment, having found a great company does not mean you just found a golden stock. Even if you found an amazing company with its stock price trading at $3 per […]
The technology sector continues to enthrall investors of all ages. Some investors view companies in the tech space as a high-risk investment as this industry thrives on disruption which may make a market leader today irrelevant tomorrow. For example, companies such as Nokia and BlackBerry led the mobile device market before the advent of smartphones. […]
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 […]
