Investing
Canadian markets have been good to investors in 2021. It is very easy to miss out on market-beating stocks as equities keep hitting new highs almost every week. There’s a lot of confusion in terms of what are actually good stocks and which ones are surging because of the rising tide. During such times, it […]
If you have seen the movie Wolf of Wall Street, you have some kind of idea regarding penny stocks. These were the stocks that Jordan Belfort, portrayed by Leo DiCaprio, sold to his clients. The premise of the sale was that the stocks would deliver returns like no other stock and that the client would […]
Investing in the stock market isn’t child’s play. There are emotional pitfalls that can hit you hard and lead you to make investment mistakes. Even with my experience, I’ve already fallen into one of these traps. We’re only human! Here are five of these traps and how to avoid falling into them. 1. The illusion […]
Since we launched our app in the App Store, a curious phenomenon has emerged. Several users wrote to me asking why they couldn’t add more than one online brokerage per institution. It wasn’t offered in the app, because if someone added two separate accounts from same institution, it was probably by mistake. So I asked […]
Unless I’m mistaken, if you want to invest your money in the stock market, it’s because you want to make more money. To build your nest egg. To grow your bacon. The most straightforward option is to put all of your money in ETFs, forget about them, and sit back and relax up until you […]
The Motley Fool Canada is one of the most popular financial newsletters in the country. And just like Hardbacon, they’re on a mission to help Canadians get smart about money. What sets them apart? The Motley Fool Canada is heavily focused on stock market picks and investing advice. But they didn’t stop there. The Motley […]
Penny stocks remain popular with retail investors as they allow you to gain exposure to the equity markets with a small amount of capital. For example, if you have $500 to invest you can buy just 10 shares of Enbridge. Alternatively, you can buy several penny stocks which will diversify your portfolio and mitigate your […]
Investing in the U.S. equity and bond markets allows Canadians to diversify their capital and lower overall risks. Several growth stocks trading south of the border also provide Canadians an enticing opportunity to grow long-term wealth and most domestic brokerages will give users access to financial instruments listed on major U.S. exchanges. The most popular […]
A reinvestment strategy is where the investor uses income in the form of dividends or interests in an investment to purchase additional units of the asset class instead of withdrawing these cash distributions. It’s a great way to increase the value of your investments over a period of time. Here, we take a look at […]
There are several registered accounts where Canadians can hold their equity investments. Two of the most popular registered accounts in Canada include the Tax-Free Savings Account or TFSA and the Registered Retirement Savings Plan or RRSP. Both the accounts allow Canadians to hold equity investments, making them attractive for stock market investors. One of the […]
In a volatile macro-economic environment, dividends provide a semblance of certainty. Dividend growth stocks provide investors with an opportunity to benefit from a steady stream of passive income. Further, quality dividend stocks will also increase investor wealth via long-term capital gains. Companies that pay dividends need to have strong fundamentals and should generate stable cash […]
There are a variety of ways where you can invest and grow long-term wealth. You can invest across asset classes such as equities, bonds, cryptocurrencies, and commodities. Even in equities, you can look to purchase growth stocks, value stocks, ETFs, blue-chip stocks, and dividend stocks. One form of investment strategy that has always remained popular […]
