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Self-directed investors want their online broker to be user-friendly and to offer the latest technology to enable them to trade the securities of their choice skillfully. BMO InvestorLine has won several accolades in this regard over the past few years. A look at one of the key players in the online brokerage revolution in Canada. […]

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, […]

Would you like Bitcoin with that? On Tuesday, September 7th 2021, McDonald’s began accepting payments in Bitcoin (BTC). If this is the kind of mainstream cryptocurrency adoption you’ve been waiting for, I hate to burst your bubble but, it’s only in El Salvador. McDonald’s locations in El Salvador began accepting BTC on the same day […]

Almost everyone has financial concerns from time to time. But what if you’re so scared that you can’t sleep, can’t concentrate, or can’t perform basic tasks? Perhaps you’ve lost your job du to COVID. Or maybe you were surprised with an unexpected medical bill. No matter how bad your situation is, you can take steps […]

Wealthsimple Crypto is helping to bring cryptocurrency out of the shadows and into the wallets of Canadians like you. Over the past 10 years, Bitcoin has outperformed every other asset class on the market. If you haven’t been watching the news, then you’ve probably heard about Bitcoin over the water cooler at work. And I […]

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, […]

If you have a good credit score but you’ve been turned down for a loan, you probably failed to meet the 5 C’s of credit.

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 […]