Investing
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, […]
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, […]
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 […]
3 out of 10 Canadians own cryptocurrencies. Surprised? Hold on to your tuques because we live in a country of young investors who are risk takers! At least that’s one of the surprising facts that emerged from a survey of investment habits conducted among Hardbacon users between June 25 and July 14, 2021. However, the […]
Canadian cannabis stocks continue to remain volatile in 2021. These stocks have grossly underperformed the broader markets in the last two and a half years. Pot stocks on the TSX have been grappling with a variety of structural issues. These include slower than expected rollout of cannabis stores in large Canadian provinces, cannibalization from a […]
The S&P/TSX index is soaring but there are still quite a few stocks out there that are undervalued and are available for a bargain. When markets zoom, every stock looks cheap but smart investors know to separate froth from the substance. After all, when markets take a break and overvalued stocks get punished, it might […]
Investing in real estate investment trusts (REITs) remains an attractive option for income investors. Generally, a REIT has a diversified base of cash-generating assets that allows it to generate a steady stream of cash flows. As cash flows are stable and predictable, REITs pay dividends to investors that are higher than most other companies in […]
There are several myths that surround stock market investing. One common assumption is that investing in equities is difficult for the average retail investor and the other is you need huge amounts of capital to get started. However, there are several ways for retail investors to start investing in stocks and they can begin with […]
Investors have multiple avenues and asset classes where they can allocate capital and build long-term wealth. You can invest in stocks, bonds, cryptocurrencies, gold, commodities as well as in real estate. However, purchasing real estate can be an expensive process as you need significant capital to buy a residential or commercial property. Alternatively, you can […]
The FIRE (Financial Independence Retire Early) movement’s popularity has been growing massively in recent years. Its ranks have been boosted by millions of people with the desire to kick their nine-to-five lives. The FIRE movement provides encouragement to millennials, or anyone whose lifestyle may leave something to be desired, to save as fast and hard […]
People invest in stock markets to create wealth. However, conservative investors prioritize capital protection and look at sustainable dividend yields to supplement their income. Dividend investing is perfect for investors with a low risk appetite. For instance, if a company has a dividend yield of 5% and the stock price of the company falls by […]