Investing
One way to give your child a head start in life is to save for their education. The Registered Education Saving Plan (RESP) allows you to put money aside for education and enjoy tax benefits from the Canadian government. This guide covers everything you need to know about the RESP in Canada. We cover the […]
Wealthsimple Trade is an online brokerage that allows you to trade stocks and ETFs without any brokerage commissions. As is the case with other online brokers, this platform dedicated to independent investors does not offer financial advice or recommendations on how to manage your portfolio. But beware! Wealthsimple offers several different financial platforms. Wealthsimple Trade […]
To invest in the stock market on your own, it’s essential to choose the right online broker. Luckily, there’s no lack of options! Here’s a guided tour of a first-in-class online broker, Scotia iTrade, for those who are ready to ignore a slightly higher price list. The Scotia iTrade online brokerage platform is obviously taking […]
When you retire, you need to withdraw money from the retirement savings in your registered retirement savings plan (RRSP). This is where the registered retirement income fund (RRIF) comes in. You can convert your registered retirement savings plan (RRSP) plan to a registered retirement income fund and receive periodic income from the fund. Your deposits […]
While in line to use the automated teller machine, I overheard two people discussing their most recent investments on the Canadian stock markets. “I don’t need to keep my brokerage account with XYZ bank. I’ll be transferring my assets to Qtrade,” concluded one of them. Why Qtrade? Here’s a look at an industry leader. Qtrade […]
Sponsored by National Bank Direct Brokerage Is it time for you to become a self-directed investor and use a direct brokerage service? Do you want to cut out the middleman and invest in companies you trust? Here are our top tips for getting started with a direct brokerage platform. 1. Forget your brother-in-law’s advice, bet […]
If you receive a large sum of money from an inheritance or the sale of your house or business, you have every interest in investing in the stock market. In fact, if you keep your small fortune in a bank account, it may lose value each year because of inflation. But how do you go […]
The internet has changed the way we interact, the way we work, and the way we educate ourselves. But one of the biggest industries to be affected by the coinage of the internet is the stock market. With the evolution of the internet, literally, anyone can find live stock quote feeds within seconds. Those who were investing […]
You work hard for you money (or should I say bacon), and you deserve to have it protected. Investing is a way to protect and produce income, but also a way to lose it. With that said, I have some good news and some bad news. The bad news is that there are no get-rich-quick […]
Cartoons are way smarter than you probably think they are. You can learn from about almost any topic by watching them, if you pay attention. And investing through an online broker is not the exception. In fact, here are 10 lessons about investing you can take away from watching cartoons: 1. Investing for the long […]
Sponsored by National Bank Direct Brokerage Who hasn’t dreamed of being a millionaire? Unless you win the lottery or get a spectacular promotion, it’s hard to get there overnight. The key to making your first million is to establish a budget, savings and investment strategy and stick to it. Here are our six tips for […]
In collaboration with National Bank Direct Brokerage At a time when growth stocks are falling out of favor, dividend stocks can win the day. Here are 8 questions to learn more about dividends. 1. What is a dividend? A dividend is a share of a company’s profits distributed directly to eligible shareholders. In the stock […]
