Investing
CI Direct Trading, formerly known as Virtual Brokers is an online brokerage that has been helping self-directed investors make the most of their savings since 2009. Owned by the giant CI Financial, CI Direct Trading offers one of the lowest unit commissions in the industry. Here’s a look at a platform that proves the adage […]
Online brokerage platforms seem almost interchangeable, especially when they belong to a major Canadian bank. However, RBC Direct Investing does offer a more comprehensive experience without any real weaknesses, which will likely please RBC’s current clients. Up until now, no other financial institution has dared to join National Bank Direct Brokerage or Desjardins Direct Brokerage […]
Questrade Dividend Reinvestment Plans (DRIP) should be on your investment radar if you invest in stocks or Exchange Traded Funds (ETF). The reason is simple: a Questrade DRIP lets you reinvest your dividends in your ETF or in your stocks and the setup is simple and straightforward. Any inconveniences are, in our consideration, minor. Let’s […]
Want to invest in gold? What about Lithium, which powers the batteries of electric cars and is a sustainable new energy? Then you need to follow Canadian stock news. A quoted 47% of the world’s public mining companies list on the combined Toronto Stock Exchange (TSX) or Toronto Stock Venture Exchange (TSXV), and the Canadian […]
Which of the four Canadian stock exchanges is your favourite? Surprise! There is more than just one and each has a specialty. Once you take a minute to learn the basics, you’ll realize that there’s a whole new world that you never knew existed, and there’s a lot of money to be made there. So, […]
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, […]
Canadians now have a new and convenient way to invest in shares of some of the most popular publicly traded American companies. On July 27, 2021, the Canadian Bank of Imperial Commerce (CIBC) launched a new group of products called Canadian Depository Receipts™ (CDR), the first of its kind in the country to be publicly […]
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 […]
Canadian cannabis stocks continue to remain volatile in 2021. These stocks have grossly underperformed the broader markets in the last two and a half years. Pot stocks on the TSX have been grappling with a variety of structural issues. These include slower than expected rollout of cannabis stores in large Canadian provinces, cannibalization from a […]
The S&P/TSX index is soaring but there are still quite a few stocks out there that are undervalued and are available for a bargain. When markets zoom, every stock looks cheap but smart investors know to separate froth from the substance. After all, when markets take a break and overvalued stocks get punished, it might […]
Investing in real estate investment trusts (REITs) remains an attractive option for income investors. Generally, a REIT has a diversified base of cash-generating assets that allows it to generate a steady stream of cash flows. As cash flows are stable and predictable, REITs pay dividends to investors that are higher than most other companies in […]
There are several myths that surround stock market investing. One common assumption is that investing in equities is difficult for the average retail investor and the other is you need huge amounts of capital to get started. However, there are several ways for retail investors to start investing in stocks and they can begin with […]
