Investing
In addition to federal education grants, British Columbia (BC) residents may also be eligible to apply for a provincial education grant. This is known as the BC Training and Education Savings Grant (BCTESG) and can provide crucial extra financial support to parents and families. This article will detail everything you need to know about the […]
In September 2016, National Bank Direct Brokerage (NBDB) became the first brokerage in the country to offer commission-free transactions on all exchange-traded funds (ETFs) in Canada, on the sole condition that a lot of 100 shares is traded. This was a major initiative to make investing more accessible. In 2021, it took another step by […]
Is Robinhood in Canada? If you’re itching to invest the easy way, you’ve probably heard of Robinhood. The app has revolutionized the US investing landscape and is among the most reliable names out there. After all, it’s known for being easy to use, affordable, and fun. So it comes as no surprise that new investors […]
Every Canadian should know how to buy stocks in Canada. Why? Historically, investing in the stock market has been one of the most powerful ways to build long-term wealth. In Canada, we have a robust, well-regulated and highly liquid stock market where investors can buy stocks quickly and easily. If you’ve thought about entering the […]
Canada has some exciting financial technology companies to keep an eye out for in 2023! That’s because Canada is actually home to some of the world’s top up-and-coming fintech companies and startups. Canada has startups and established companies that operate across almost every single fintech subcategory. They are some of the most progressive companies in […]
Exchange Traded Funds (ETFs) have surged in popularity in the last decade due mainly to its flexibility and strong diversification. Most online brokers give you the ability to buy different securities such as mutual funds, exchange-traded funds, stocks, fixed income, options and new issues. However, some investors only care about being able to buy ans […]
I love Canadian robo-advisors. I’m not going to delve into why their strategy, which is to invest in stock market indexes, is attractive to investors. The beauty of a robo-advisor’s investing strategy is that it’s simple…so simple that anyone can create their own robo-advisor in just a few easy steps. Here’s how to do it. Determine […]
Investing in equities remains the best way to create long-term wealth, especially given the low interest rate environment. As bond yields barely manage to beat inflation rates, it makes sense for you to allocate a majority of your savings towards stocks. You can either invest passively via exchange-traded funds (ETFs) or identify individual stocks and […]
You can see why banking and financial stocks remain a popular choice for investors such as Warren Buffett. These companies provide a necessary service to people all around the world and are an integral part of any economy. But how do you find Canada’s top bank and financial institution dividend stocks? The Warren Buffett-owned Berkshire […]
There are multiple strategies to invest in the stock market. For passive investors who do not have the time or expertise to identify individual stocks, passive investing is the right option. Here, investors can look to buy exchange-traded funds that provide diversification and lowers overall risk. While Warren Buffett is a fan of value investing […]
For the sixth episode of Open Wallet, our program about personal finances, we welcomed Nathalie Bondil, Director of the Musée des Beaux Arts de Montréal. During the interview she shared two strategies for acquiring works of art, which can be applied to other kinds of assets: the eagle and the vulture strategies. The eagle strategy The […]
The dividend tax rate in Canada is something that benefits the average Canadian investor. That is because dividend stocks in Canada share the tax burden with the company. You benefit from the company’s financial performance due to money you invested, you keep the stock and its potential future dividend returns, and you pay less tax […]