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Like the small fortune buried in the cracks of your couch or the discovery of a $20 bill in the pockets of an old coat, your tax “return” can be intoxicating with its sweet scent of being reunited with your money. It seems that this money reappears in the most fateful way! But how do […]

Mortgage life insurance can be a smart move to protect loved ones should a homeowner die. But is it right for all Canadians? A home is probably the biggest purchase most of us will ever make, and taking out a mortgage is a standard part of the homebuying process.  We know for certain that Canadians […]

If there’s one very important thing to look for on an investment account statement, it’s performance. But not only that. Other factors such as your investment strategy, portfolio composition, the benchmark index, ranking, fees, as well as the investment’s volatility, are all important things to consider to ensure that your investments are in line with […]

Let’s face it – withdrawing cash or making a transfer from your credit card is pretty much always a bad idea. Taking a cash advance is akin to quenching your thirst with a sip of vodka; it may seem useful right away, but it’s rather counterproductive in the end. Like everyone else, I’ve made my […]

Wealthsimple is an online investing service founded by Michael Katchen in 2014 in Toronto. Today the company has over $8.4 billion in assets under management. Wealthsimple stood out from the start by offering smart and simple investing without the high fees and account minimums associated with traditional investment management. The investment is made in a […]

 To make money on the stock market, you must purchase stock when it’s undervalued and you sell it when it’s overvalued. The key is to know how to identify inexpensive stocks that you can sell for a higher price. Although all imperfect, valuation ratios will help you determine whether a company is undervalued or overvalued. […]

We always hear a lot about RRSPs at the beginning of each new year. But what exactly is an RRSP? It stands for “registered retirement savings plan”, which means you can open a separate savings account with your bank, through a financial planner, a discount brokerage platform or a robo-advisor. An RRSP is very commonly […]

Contrary to popular belief, Canadian robo-advisors have little in common with Terminator cyborg killers. In fact, these investment services employ real-life portfolio managers who handle their clients’ money. So there are actually no robots buying or selling on the stock markets. An age-old model Portfolio managers working for robo-advisors build several portfolios to accommodate different […]

If there is one thing all investors can benefit from, it’s an accurate way to track their trades and portfolio. Some people will use a trading journal or simply select brokerage platforms that offer basic tracking tools, while others like the good old-fashioned spreadsheet. Whether you are an active trader or a buy-and-hold investor, it […]

Are you looking for a new online trading platform in Canada? Look no further than Friedberg Direct Canada, a one-stop shop for online forex trading and CFD trading. With a Friedberg Direct account, you get access to cutting-edge AvaTrade trading software with competitive fees and spreads.  In this Friedberg Direct Canada review, we’ll discuss the […]

Nature is often an unpredictable part of life in Canada. Canada’s natural disasters are usually less severe than those in many parts of the world but still occur. Floods, wildfires, ice storms, tornadoes, and earthquakes are some of the common natural disasters Canadians experience. These extreme weather events can cause millions of dollars in damage […]

Although often missing from the lists of essential accessories, baby car seat covers can significantly enhance your little one’s safety and comfort during car trips (and beyond). Best of all? These covers are convenient, easy to clean, and versatile, so they won’t complicate your already busy life. Add adorable designs into the mix, and these […]