5 personal finance newsletters to discover
By Maude Gauthier | Published on 23 Nov 2023
What compels you to open a personal finance newsletter? The quality of its content? Its relevance in your life? The ease with which the right amount of information falls on your lap? Instead of drowning in a sea of financial information, passionate and sympathetic writers are here to prepare newsletters for you. What are the must reads in Canada?
The basics of a newsletter that stands out
A well conceived personal finance newsletter is personalized enough that you’d believe it was written specifically just for you, or almost. On top of offering content that is specific to your personal financial situation, it defines itself through the expertise of its team, the quality of their writing and their practical advice.
Is there a newsletter that caters to your interests, such as one that focuses on saving and investing? Or on debt management? Probably! Once you find your favorite personal finance newsletter, acquiring financial knowledge is quick and easy.
1. Hardbacon (that’s right!)
Of course, at Hardbacon, we are proud of our newsletters! We’re not biased at all in telling you to subscribe. When you do, you will receive a first newsletter on Tuesday, then a second on Saturday. They feature our most interesting blog posts and our selection of products, including credit cards. In the Tuesday edition, you will find a News section, which brings together three or four events that have recently made the news. In Saturday’s edition, you’ll find out more about rewards programs and money-saving tips.
- Level/audience: All
- Price: Free
- Frequency: Twice a week
2. Stocktrades
You want to beat the market? If your answer is yes, Stocktrades was made for you!
Stocktrades presents itself as the most powerful community of investors in Canada. With a Premium subscription, its team suggests stocks in which to invest. Not only do they make you benefit from their research on growth and dividend stocks, they also create nine portfolio models to help you build your own. As a member, you can also make requests for research on certain stocks and obtain reports.
On top of that, the founders are investors themselves. Daniel Kent attended a program on securities trading. Mathieu Litalien has an MBA and currently sits on the board of directors of Greater Sudbury Hydro.
- Level/audience : Investor
- Price : 299,99$ per year
- Frequency : Weekly
3. The Motley Fool
Among the oldest paid subscription newsletters, we find those of Motley Fool. There are currently four. Stock advisor specializes in stocks, Dividend Advisor, in dividends, Hidden Gems focuses on the smaller businesses and Rule Breakers allows you to discover great companies in the early stages of their growth. All four recommend stocks. The Motley Fool also offers bundles and other services, such as portfolio services.
For example, Stock Advisor recommends basic stocks to start your investment portfolio. It caters both to new investors with little money and skilled ones. Stock Advisor chooses stocks based on their long term growth potential. This newsletter also gives you access to educational material and a community of members. It offers two chosen stocks per month, one in Canada and one in the United States, as well as 5 stocks which should be bought right now.
- Level/audience : Investor
- Price : 299$ to 499$ a year (other services included such as members-only forums)
- Frequency : 1-2 times per month
4. Morning Brew
Morning Brew offers economic and financial news, with a sense of humor and wit. This newsletter is divided into short sections which summarizes news and links to other websites to read the rest. This format allows you to be rapidly informed on the market’s general trends. Then you can choose to plunge yourself in the stories you’re most interested in. For example, the last newsletter I read filled me in on baseball news. Then, it talked about the stock market, as well as news from the aviation industry, real estate and technology. What you will not find with Morning Brew is practical advice tailored to your personal situation.
- Level/audience : Beginner, intermediate
- Price : Free
- Frequency : Daily
5. COTE100+
COTE 100 is a portfolio management service in Quebec. There’s no doubt here that you will deal with real experts, who have been passionate about the topic for years!
The COTE 100+ personal finance newsletter was created in order to give a privileged access to strategic information pertaining to portfolio management. It contains the blog of Philippe Le Blanc, a monthly post from the COTE100 managers, the monitoring of stocks and a thorough analysis of the stocks that are making the news.
- Level/audience : Investor
- Price : Free or up to 29,99$ a month, plus an Elite version
- Frequency : Weekly
In terms of finances, everything depends on who you are and what you’re looking for. Don’t be fooled: paid newsletters are only worth it if they correspond to your profile. Did you find what you were looking for in our suggestions?