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The Best Investments in Canada

Details: Guaranteed Investment Certificates (GICs) GICs are a great way to lock-in a guaranteed return over a pre-determined period of time (typically 1-5 years). This type of short-term investment …

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How to Invest in REITs & Why is It a Good Investment

Details: Pros of REIT investment. Low cost: Homeownership in Canada is becoming increasingly unaffordable.It can take years to save for a down payment, and even then, the rise in real estate prices may move at a faster pace than savings.. On the other hand, investors can purchase a single unit of a REIT for as little as $10. Low maintenance: Owning a rental property comes with headaches, like

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How to Invest Money in 2021

Details: Historically, though, real estate has been a poor investment and an asset that barely keeps pace with inflation. So, the key to a smart real estate investment is one that is cash flow positive: – meaning it allows the owner to collect enough rental income to cover the mortgage, property taxes, utilities, and insurance, plus a surplus to stash

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The Best Investment Apps for Canadians 2021

Details: Investment apps in Canada are ideal for anyone wanting to make online trades. Most robo advisors and online brokerages in Canada offer apps that let you make trades and track your investments in real-time. Other apps help you boost your holdings by funnelling more cash into your portfolio. Here are the best investment apps in Canada to help you

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The Best Long-Term Investment Strategies

Details: Before making any long-run investment decisions, consider these best long-term investment strategies. When you’re in your 20s or 30s, long term investment (20, 30 or 40 years) can be a difficult concept to wrap your head around.

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Borrowing to Invest When the Markets Are Down

Details: Payback the $100,000 loan and you’re left with $418,748. That’s a 15.4% annual return on your original investment. Conversely, without leverage, your $100,000 portfolio would grow to $259,374 after 10 years – leaving you with nearly $160,000 less than you’d have with the leveraged investing approach.

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Can Life Insurance Ever Be a Bad Investment

Details: As is the case with any other investment portfolio, the cash value of those investments can go up or down, depending on how they perform on the market. Similar to registered accounts, any income earned on investments held within a universal life policy can accumulate and compound tax-free unless they are withdrawn.

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Borrowing Money to Invest: Good or Bad Idea

Details: Borrowing and investing a larger sum of money might make it psychologically harder for you to stay invested if there’s a market downturn. For example, a 20% annual market loss on a $10,000 investment is $2,000, but the same percentage loss on a $100,000 investment is $20,000.

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Why and How to DRIP: Dividend Re-Investment Plans

Details: Dividends are the “tried and true” investment focus these days (other than dollar cost averaging through indexing, of course) for those that say “screw off” to mutual funds and want to DIY invest. Dividend paying stocks USUALLY have a proven track record and continue to give you dividend income even if the entire market isn’t doing so well in general.

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Saving vs Investing: Finding the Perfect Balance

Details: Guaranteed Investment Certificate (GIC) A GIC is one of the safest investments you can buy. Your principal investment and interest rate are guaranteed, which makes it the perfect place to put savings that you may need to cash out in the near future. How it works: just deposit the money into an account and get an annual interest rate.

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Best TFSA Investments in Canada

Details: The best TFSA investment option is the one best suited to your financial goals. For conservative savers, or those looking to set aside cash for a short-term money goal, the best investment is high-interest savings account with a trustworthy online bank .

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Five Best Investing Books in 2021

Details: Best Overall Investment Book Millionaire Teacher by Andrew Hallam. Millionaire Teacher by Andrew Hallam is a foundational “must-have” reference book for investors in Canada. This invaluable, best-selling book offers a crash course in personal finance, covering topics like how to prepare a reliable and low-cost portfolio that will lead to strong returns, and ultimately, true prosperity.

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Is Real Estate a Good Investment Strategy for Retirement

Details: The Rewards of Robo Investing. For some people, buying a home is an attractive investment option because, though they’re intrigued by the potential big returns ETFs and stocks can generate, they’re intimidated by investing on their own.If that describes you, then robo investing may offer the perfect solution.. Robo advisors are automated investing platforms that combine the use of …

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Socially Responsible Investing: A How-To Guide

Details: Socially responsible investing is going mainstream, with 72% of Canadian investors now interested in responsible and ethical investing, according to a September 2019 poll by the Responsible Investment Association (RIA). This growth is being driven in part by younger investors, who grew up learning the three Rs (reduce, reuse, recycle), reading The Lorax, and witnessing the effects of climate

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Should I Move My Investments in Stock Market Turmoil

Details: Changing investment strategies simply means moving your already invested money into either a more risk-appropriate investment or to one with a higher expected return (due to lower fees or broader diversification). I went through this myself during the last oil price collapse in 2015. At the time, I held more than 20 Canadian dividend-paying

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Understanding How Home Equity Actually Works

Details: Don’t make the mistake of passively accepting the line that housing is a great investment. Houses are a lovely place to live and raise a family, and they’ve solidly appreciated in price over the past several years. But stocks, even after the mega-crash of five years ago, have been the better long-term investment.

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Choosing the Latest Investing Fad

Details: Don’t let the fancy production levels and talking heads convince you the latest investment fad is the ticket, or that this downward cycle is different than all the others and you need to sell now. Simply have faith that capitalism and entrepreneurship will continue to drive money towards businesses that can get you a decent return on it.

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Real Estate vs Stocks: Which Should You Invest In Right Now

Details: But one reason why real estate may be a better investment than stocks has to do with leverage. In Canada, you can buy a home with just a 5% down payment. That means you can use an initial investment of $22,500 to buy a home worth $450,000. You simply cannot obtain that kind of leverage by investing in stocks.

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ETF Investing 101: An Introduction to Exchange Traded Funds

Details: Your investment returns are based on overall market returns, rather than a fund manager’s luck in choosing “winning” investments. Ultra-low fees. Because you don’t have to pay for the services of an active fund manager, the fees on ETFs are as low as 0.15%, compared with 2% to 3% for actively managed mutual funds.

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How to Invest in Penny Stocks in Canada

Details: If that happened, then your initial $920 investment would now be worth $9,200. Still, the more likely scenario is the share price stays under $1 and possibly goes to zero if the company fails. The extreme risk and volatility of penny stocks mean investors need to do their homework before making an investment.

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How to Buy Stocks in Canada in 2021 Your Guide to

Details: A benchmark used to describe the stock market or a specific portion. It’s also used by investors and investment managers to compare investment returns. A portfolio of an investor’s actively traded stocks that returns 10%, for example, will have underperformed if an index returned 12%. Indexes include the S&P500 in the US and the S&P/TSX in

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Value Investing the complete guide and How it Works

Details: Value investing is a type of investing where you focus on a deep analysis of the company as a whole to determine if it’s undervalued or overvalued. The value you’re looking for is the intrinsic value, meaning the company’s overall predisposition for growth.

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Index Funds vs. Mutual Funds: Main Differences

Details: Investment experts and academics have long debated the merits of index fund vs mutual fund. The difference comes down to two things: methodology and cost. Most mutual funds are actively managed, which means a fund manager makes decisions as to which stocks to buy and sell, and when to buy and sell them.

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How and Why Invest in Mutal Funds

Details: A full-service brokerage will provide you with investment and financial planning advice, but you’ll pay a premium for those services in higher transaction fees. If you know already exactly which mutual funds you want to buy, a discount broker like Questrade …

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Best GIC Rates in Canada 2021

Details: The formulas used to determine your final investment return can be complicated, and the investment may be subject to a maximum return. For instance, if a market-linked GIC advertises a maximum 10% return over a 5-year term, this really means a maximum of just 2% per year (10%/5 years) – if the market performs well.

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Investing: Growth versus Monthly Income

Details: If you are an anxious person who doesn’t care to take risks, investing in a risky stock and not sleeping because you stay up worrying about your investment probably isn’t the best idea. Another thing to think about when considering growth versus income investing, as Retire Happy Blog talks about, is the tax efficiency of your investment.

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Retirement Planning and Best Ways to Invest for Retirement

Details: Similar to RRSPs, Tax-Free Savings Account (TFSA) is an investment vehicle that allows you to hold various investments such as stocks, bonds, exchange-traded funds, mutual funds, and so forth, but the TFSA has a few different rules.

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What is Compound Interest

Details: With a relatively small initial investment, very reasonable monthly deposits and a modest rate of average annual investment returns, you would more than quadruple your money in 35 years—turning deposits of $57,000 into a total nest egg of $257,762. To be more precise, that’s a 452% return on investment. That is the power of compounding.

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Investing in Real Estate without all the Risk with REITs

Details: Furthermore, getting in on the action as it relates to investment properties is becoming increasingly difficult. As Young & Thrifty mentioned in a previous article, mortgage rules as it relates to investment properties will now require a minimum down payment of 20% starting this month. This post offers an alternative to the above-mentioned risks.

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Why Invest in Renewable Energy Stocks Right Now

Details: Renewable energy can give us an exponentially higher long-term return on investment than traditional fossil fuels. An International Renewable Energy Agency study indicated that investing in renewable energy as a world economy would cost more initially, but by 2050, it would yield economic benefits up to eight times as high.

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Canadian-listed ETFs vs USA-listed ETFs

Details: Canadian investors pay some of the highest investment fees in the world, typically thanks to our expensive mutual funds that charge a 2% management expense ratio (MER) or more. Our Canadian-listed ETFs are much cheaper than mutual funds, but Canadian investors still get short-changed on fees compared to our U.S. counterparts.

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What to Do With Your Savings During COVID-19

Details: 2 HSBC Investment Funds (Canada) Inc. (“HIFC”) is a direct subsidiary of HSBC Global Asset Management (Canada) Limited (“AMCA”) and an indirect subsidiary of HSBC Bank Canada, and provides its services in all provinces of Canada except Prince Edward Island. AMCA is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada.

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How to Invest in Bitcoin

Details: The minimum investment for Grayscale products is $25,000 and they are only available to Accredited Investors. Why You Should Invest In Bitcoin. Bitcoin, like every other cryptocurrency, is an incredibly volatile investment. It turned some investors into millionaires during its highs in 2017, while others lost nearly their entire investment in

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12 Steps to Understanding Smart Beta and/or Fundamental

Details: Investing in an index ETF is a great investment, but the best part is that I can explain it so easily to people. All you have to say is that it is an investment product that takes your investment dollar and splits it up among all the companies in a certain area (60 companies if it’s a TSX 60 index, 500 companies if it’s the S&P 500, etc.).

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Rent vs. Buy Debate in the Current Canadian Housing Market

Details: Once upon a time, buying a home in Canada was simply a milestone in the life of the average Canadian. But times have changed: prices have skyrocketed, and housing markets have exploded, particularly in Vancouver and Toronto, making homeownership difficult and calling the investment potential of real estate into question.

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Should I Take the Canadian Securities Course (CSC

Details: CSC is not for investment banking, although it is good basic finance course to start with but for $1000 it’s your choice. CFA is the one you aim for to get into investment banking world but you need a degree before you can register for the level 1 exam. (2015 Level 1 worldwide pass rate is only 42%) Also, in the investment banking world, you

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Passive Investing Strategy Insights

Details: Passive investing has grown in popularity around the world for decades now, but Canadian investors have been slower to adopt the approach. While passive investment strategies now make up more than 50% of assets in the United States, that number is closer to 10% in Canada. Okay, we’re a little slow on the uptake.

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Wealthsimple Black Review

Details: Wealthsimple Black is a premium service for clients who have net deposits of $100,000 or more across their Wealthsimple accounts. As a Wealthsimple Black client, you get some premium perks included as part of the package: a discounted management fee of 0.40%, tax-efficient investing, and goal-based financial planning with an experienced Portfolio Manager.

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Smart Money Capital Management Robo Advisor Review

Details: The portfolios are balanced quarterly, or on an “as needed” basis if portfolios drift out of sync from client investment objectives.They call this “Smart Rebalancing”. According to Babul, this smart approach forces “…clients to take profits more than clients are willing to do on their own”, and is a way of locking-in gains before changing market conditions erode them.

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Investing in a TFSA as a Student: Your Options

Details: These are savings accounts that give you back interest of 1.2% to 2% (at today’s current rates). You might think this is a good idea because its tax free, but at 1.2 to 2% you’re not even beating out inflation, which is usually around 2-3%. To be blatantly honest – using a TFSA as a savings account is NOT investing.

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Wealthsimple vs Questrade 2021

Details: When Wealthsimple Trade launched in March 2019, it only offered non-registered or taxable investment accounts. So, while it was a game-changer in terms of offering unlimited commission-free trades, its limited account availability didn’t hold a candle to Questrade’s much more robust trading platform.

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