Everyone has their favourite online brokerage. Most often, it’s the first one a person ever opened. For me, it’s Qtrade. Qtrade is an online brokerage based out of Vancouver, British Columbia. Buying stocks, ETFs and mutual funds cost $8.75/trade. However, they do offer a list of over 100 free ETFs. There is no minimum purchase…
Category: Investing
The Ins and Outs of Canadian Eligible Dividends
Most people earn their money through employment income. They work for a private business, corporation, government, or are self-employed. It doesn’t matter who you work for. When you work, you pay the highest amount of tax as a percentage of your income. I naively thought that everyone paid the same percentage of taxes. I thought…
Everyone Remembers their First Stock
I first became interested in stocks during the winter of 2015. Shortly after my daughter was born, I began subscribing to Money Sense Magazine. Back then it had a print version that could be sent to your house. I loved reading through all the articles on saving such as car insurance and cell phone plans….
Everything You Need To Know About iShares All-in-One Portfolios
When I first started investing, I had no idea what an exchange traded fund (ETF) was. The only investment vehicle I was ever taught about was mutual funds. My financial advisor would recommended mutual funds but I had no idea what they meant. They had fancy names like Strategic Income Fund and Global Infrastructure Fund….
Free university with the RESP!
On the journey to FI there are many financial decisions to make. One of the easiest choices is to invest in your child’s future. I want to give my kids the opportunity to have a positive post-secondary experience and to not go deep into debt. Fortunately, the Canadian Government offers an excellent savings vehicle for…
Mutual Funds Rob Your Retirement
There are big decisions involved when investing for your retirement. At least that’s what the mutual fund industry would like you to believe. According to Wealthsimple, there are over 5000 mutual funds offered by Canadian investment firms. With that many options, it’s no wonder why people are overwhelmed and frozen to action. Canadians pay some…