Facebook Twitter3 Pinterest13 Amidst the rising popularity of low-cost investments like Exchange Traded Funds (ETFs), mutual funds remain popular with Canadian investors. It should come as no surprise, really. For every investor rushing to open a discount brokerage account to buy up the latest trending technology stock, there are thousands who still prefer the simplicity of mutual fund investing. Mutual ...

Facebook Twitter1 Pinterest1 Guaranteed Investment Certificates (GICs) have provided Canadians with worry-free investing for generations, by offering the safety of a principal and return guarantee. GICs are similar to savings accounts in this manner, however, there is usually a lock-in period where the investor does not have access to their funds. GICs are a solid choice for conservative investors, as ...

Facebook Twitter1 Pinterest1 Even before COVID-19 began to dominate the collective consciousness, the possibility of negative interest rates garnered plenty of attention in the press. Just last year, in the midst of a U.S./China trade war, Donald Trump mused about the Federal Reserve heading into negative territory in order to spur the economy. In the EU, several European central banks ...

Facebook Twitter5 Pinterest2 The idea seems simple enough. You’ve got $1000 burning a hole in your pocket, and it’s up to you to decide how to invest it. If you’re new to investing, however, the decision is not as easy as it sounds. These days, there are no shortage of ways to invest your hard-earned money. But before we get ...

Facebook Twitter5 Pinterest1 When it comes to your personal finances, one of the best ways to track your progress is by charting your net worth on a regular basis. To do this, you can spend time building a fancy Excel spreadsheet to accomplish the task, or you can look for an app that’s designed to do the work for you. ...

If you’re a Canadian parent saving for your child’s education, you might be eligible for the Canada Learning Bond (CLB). The CLB is available for low income families who have opened a Registered Education Savings Plan (RESP) for one or more children. The lifetime CLB maximum is $2,000, with an initial payment of $500 in the first year of eligibility. ...

Facebook Twitter Pinterest1 I recently wrote an in-depth review of Wealthica, a Canadian company that’s helping investors to not only track their net worth, but view all of their investment and banking information in one place. It just so happens that Wealthica is closely connected to another longstanding Canadian investment website, Stockchase, which is the subject of my in-depth review ...

Each year, Canadians seem to have an increasing number of options when it comes to ETF investing. In addition to the traditional stock index ETFs, investors can opt for an all-in-one asset allocation ETF, or add thematic ETFs as a complement to their portfolio. The problem with all of these choices, however, is that it makes choosing the right ETF ...

Facebook Twitter Pinterest1 For the average Canadian investor, the term tax-loss harvesting might sound complicated, but it’s pretty straightforward, providing that you follow a few rules. In fact, a sound tax-loss harvesting strategy can result in significant tax savings over the years. How Does Tax Loss Harvesting Work? Tax-loss harvesting occurs when you sell an investment that has dropped below ...

Facebook Twitter4 Pinterest2 Common shares, also known as common stock, are a type of security that represents ownership, or equity in a company. Common shares can be purchased by individual investors on a stock market, such as the Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE), or the Nasdaq. How Do Common Shares Work? The name ‘common shares’ ...

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