Investing
We started from the bottom now we’re here. Who’s we? Wealthsimple is the new kid on the fintech block kicking butt and taking names. If you haven’t heard of Wealthsimple, they’re only the biggest online investment and trading platform in the country. They’re on a mission to make “financial freedom a fundamental human right,” starting […]
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, […]
The first Bitcoin exchange-traded fund (ETF), known as Purpose Bitcoin ETF (BTCC), launched in February 2021. It received a lot of hype and investor interest. Like the popular commodity and share-based ETFs that can be traded on the Toronto Stock Exchange (TSX), Canada’s largest exchange, to get exposure to their linked assets, the Purpose Bitcoin […]
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 […]
If you’ve never heard of Smart Beta ETFs in Canada, you are not alone. Although, you probably know about Exchange Traded Funds (ETFs), which have seen tremendous growth in Canada in recent years. According to the Bank of Montreal (BMO), as of the end of November 2021, total assets in ETFs amounted to $336 billion. […]
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, […]
Over the last decade, robo-advisors have exploded onto the investing scene and disrupted how individuals invest. Old-school investment management companies employ lots of people with finance and math degrees to figure out what’s going to happen to specific stocks and the stock market as a whole. To cover the cost of running the company, they […]
On September 8, 2021, TD was named Canada’s Best Consumer Digital Bank by Global Finance. At the same time, it was recognized in seven other categories, including best mobile banking app and best online product offering. Do they also deserve credit for its TD Direct Investing online brokerage service? TD is certainly a pioneer in […]
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 […]
