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 […]
Like any investor, you hope that your investment portfolio grows over time, generating a solid rate of return each year. But if rapidly rising inflation takes hold, your returns will start looking much less impressive. If you hold mostly short-term investments, such as Guaranteed Investment Certificates (GICs) and treasury bills, your returns could turn negative […]
Investment, just like any other business, involves taking a risk. It is a way to set aside your money with the hope that, in the end, it will multiply while you are busy with other life duties. It, therefore, requires a lot of patience because the funds you invest through your online brokerage will not […]
Do you know why the best metaverse stocks need to be on your investment radar? Beause the metaverse is poised to disrupt the internet. By this point, most people have heard the excitement around the metaverse. However, they’re still a little bit shaky on what exactly the metaverse is. This is because, technically speaking, the […]
Why do people invest in Canada? Actually, why does anyone invest their money in any financial market? It’s to achieve financial freedom and generate income or value from assets not related to your salary. There are different ways to achieve this, mainly through active or passive investments. The typical investment vehicles include bonds, futures, options, […]
If you want the next big stock pick, you are going to need a great stock market analysis website. Analysis sites are great tools for all investors, both beginners and experts alike. Big banks and online brokerages offer investment research to their clients. However, there are powerful stock research sites that are available to anyone in […]
So, you want to start investing. But what types of stocks should you invest in? There’s much to consider before pouring money into the stock market, but a good starting point might be to talk about two of the most popular stock types: technology and industrial stocks. Both have upsides and downsides. Perhaps most importantly, […]
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, […]
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 […]
