Investing

Investments that pay you every month help you find financial freedom and achieve your financial goals. They allow you to live more independently and on your own terms. Building up the right investments that pay you every month takes time, consideration and money. And unfortunately, the path won’t always be linear, you may have setbacks and losses. Most people seek these types of investments for retirement or other large goals, like saving for a down payment on a home. However, passive income provides additional freedom, security and flexibility which supports retirement and an independent lifestyle. These benefits can be accessed at any point in your life. With dedication and effort, you can build a portfolio of investments that pay you every month. Invest in what interests you and aligns with your level of risk tolerance. No investment is without risk but given the right information, you can begin wisely. What is passive income? Passive income is a source of money

Are you interested in getting involved in day trading? It’s a challenging profession, but if you have a knack for numbers and are a self starter, it could be a lucrative endeavor. Before you can begin your day trading journey, you must choose an online platform to facilitate your trades. There are a variety of features to consider, such as fees, supplemental market information, and user friendliness. This concise guide presents the 5 best day trading platforms in Canada. By the end of this guide, you can make an informed choice to kickstart your day trading journey. Continue reading to find your perfect platform! What is day trading in Canada? A day trade is the process of an investor buying a financial instrument and selling it off on the same day. The goal of this investment is to make short-term profits from price fluctuations.In other words, you buy low and sell high within a day. The financial instrument used for

Day trading in Canada is an investment practice that involves an investor buying and selling shares and other securities within the span of one day. The objective is to purchase a security for one price and sell it at a higher price to make an incremental profit. Over time, all these incremental profits add up to produce significant income. There is potential to earn a lot from this practice, especially with low trading fees on online discount brokerages. In addition to profit potential, many investors enjoy the lifestyle of day trading because the hours are limited to the market and you can work from home. Over the years, this has made day trading more popular in the investing world. While day trading may be a lucrative business for some, it can be a waste of time and money for others. In this article, we’ll be defining day trading in Canada, how it works, and how to get started. Keep reading

Your 20s, 30s, and even 40s might be too early to think about retirement, right? Nope! Bloomberg says you need to start saving at 25 when saving for retirement in Canada and the US.But saving is just one part of the puzzle. Our financial advisors walk clients through four phrases of retirement saving: earn, save, grow, and preserve. If you’re interested in learning more, you’re best bet is to find a financial advisor today.But in the meantime? We’ll break down the four phases of retirement for you to help you master saving for retirement in Canada.Let’s dig in! How much should I be saving for retirement in Canada? Depends on who you ask. Sunlife says anywhere from 40% to 70% of your pre-retirement income; Canada Life says 70% to 80%. We’re inclined to agree with Canada Life on this one. Why? Because you can’t imagine how much inflation eats at your money over the course of decades. Also, most consider

The dividend tax credit, or DTC for short, is a tax provision that Canadians can apply on their dividend income to reduce their associated tax liability. It can be calculated as a percentage of the accumulated dividend income. Usually, the DTC grosses up your dividend income, then you receive an affiliated tax credit. This tax provision was designed to encourage Canadians and various companies to invest. When the government fosters investments, it provides a tax credit for eligible revenues that will promote the economy’s growth. In this article, we will discuss more on the dividend tax credit, the different tax credit rates, and its benefits. Continue reading to learn more! What is the dividend tax credit in Canada? The dividend tax credit is a type of non-refundable tax credit an investor can utilize to reduce the taxes they owe resulting from earning dividend income. It is available to both Canadian residents and non-residents. Further, the tax credit is available to

ETFs vs mutual funds?These are the two most popular options in the investment world. But investors can get overwhelmed when choosing which should go in their portfolio.To help new and seasoned investors, we will look at some differences between the two investment choices. Then, we will consider some advantages and disadvantages of each. By following this guide, you can make a choice that matches your investment goals and budget. Keep reading to learn more! What is a mutual fund vs ETF? To answer the question of ETFs vs mutual funds, let us consider an overview of each, one after the other. Let’s start with mutual funds.This type of investment vehicle pools money from different investors. The money is then invested into a diverse portfolio.This portfolio may contain stocks, bonds, and other securities. Each investor has shares representing a percentage of the mutual fund’s holdings. An ETF is short for Exchange-Traded Fund.It is an investment fund typically traded on the stock

There are so many investment options available in our complex financial landscape. It may be hard to choose how to invest your money. There are stocks, ETFs, real estate, bonds, guaranteed investment certificates (GICs) and, of course, mutual funds, among many others. If you have ever found yourself asking, what are mutual funds? We will cover the basics here from the costs you can expect to the pros and cons of this investment. Continue reading to learn more about mutual funds! What is a mutual fund in simple terms? In simple terms, a mutual fund is an investment portfolio managed by a professional. Instead of buying specific assets, when you invest in a mutual fund you buy into a portion of the fund itself. The mutual fund then builds its portfolio based on a specific investment or diversification strategy. It can include stocks, bonds, and/or other investments. Investment strategies and portfolio composition depend on the goals of the fund. Possible

Real estate and stocks are two different assets available to investors. They both offer a return on investment. Beyond their returns, they also have different risk factors to consider.The question becomes, stocks vs real estate, which one is the most preferred asset for investment? In this article, we will discuss the various advantages and disadvantages of investing in stocks vs real estate. However, you may need to consider hiring a professional financial advisor to help you choose which asset is most suitable for your investment goals and specific personal finances. But for now, we’ve compiled the basic information for you below. Keep reading to learn more! Stocks vs Real Estate: About Each Investment Before we get into the nitty gritty, let’s define stocks vs real estate and identify their similarities and differences: What is Stock? A stock is a form of asset or share that anyone can buy and sell on a stock investment platform, stock exchange, or privately. The

The goal of most investors is to generate wealth and achieve a diversified, balanced portfolio. There are many investing tools to consider if you want to earn a steady return. One of the most common options is an exchange-traded fund, or ETFs for short.There are many types of ETFs on the market. Two types include bond ETFs and stock ETFs. But how do they differ and which is better in the bond ETF vs stock ETF debate? In this article, you will learn the basics of these two types of ETFs to build a better portfolio. Let’s find out how bond ETFs vs stock ETFs can impact your investment strategy. Bond ETF vs Stock ETF: What’s the difference? Exchange-traded funds are a bundle of assets and securities containing hundreds of investable assets like stocks and bonds. They each have different risk and return profiles.For this reason, investors should carefully consider their investment goals to help them decide between bond ETF

What’s all the buzz with ETFs? For starters, these investment vessels have seen a record asset investment value in 2023: $10.32 trillion dollars.Reinvested dividends, diversification potential, and liquidity make ETFs an attractive investment choice. Plus, research head Todd Rosenbluth points out that US ETF investors access international equities via ETFs.But for beginner investors, what does an ETF really mean? And are they the same in the US and Canada? These are some of the questions our roster of rated and certified financial advisors at AdvisorSavvy get from Canadians looking to invest. But if you’re in a rush? We’ll give you the lowdown on the best US ETFs in Canada with this article.Continue reading to learn more! What is an ETF? ETF stands for “exchange-traded fund.” It’s a pooled investment vehicle where multiple investors can invest money into a collection of stocks, bonds, or other asset classes managed by a company. That company charges a small management fee and decides how

In today’s diverse economic climate, there are a ton of investment options for interested individuals to choose from. Bonds are one of the options available to Canadians. Investing in bonds is still popular in Canada, especially since they are great vehicles to generate income while preserving capital. Buying bonds may seem the same as buying stocks but there are a few notable differences in how they function and are valuated.In Canada, you can buy bonds from the issuing party or through your brokerage account. Let’s look into how to buy bonds in Canada and the different types of bonds you can choose from for a successful investment below. Does Canada still sell bonds? Yes. Canadian residents can still invest in bonds and other similar investment vehicles. All levels of government, such as federal, municipal, and provincial, supply government bonds. You can also purchase corporate bonds. The federal government also supplies Treasury Bills, better known as T-Bills. On the other hand,

People who want a low-entry barrier into certain markets often look towards ETF investments. There are many different types of ETFs, one of which invests primarily in bonds. By investing in bond ETFs in Canada, investors bypass the need to buy individual bonds and the risk associated with them.While it is often the easy way out, the bond ETF investment is not always foolproof. Due diligence is necessary when choosing the right ETF to add to your portfolio. In this article, we will cover everything you need to know about investing in bond ETFs in Canada. At the end, we will recommend the best options for newbies and established investors.Journey with us! What is a bond ETF? To understand a bond ETF, we must first deconstruct the term ETF. This is short for “exchange-traded fund.” It operates similarly to a mutual fund in that it is a pooled investment security.The only difference is that it trades on centralized exchange platforms.

If you are looking to invest in a utility company, but don’t know which to choose, investing in Canadian utilities ETFs is a great decision.Utility companies are businesses that provide necessities like water, gas, telecommunication, and electricity. These companies are known to be secure and reliable due to the regular, consistent demand for the services they offer.Investing in Canadian utilities ETFs will allow you to track the total amount of all returns of the top utility companies in Canada. Let’s discover some of the best Canadian utilities ETFs to determine the best fit for your investment goals. What is a Canadian Utilities ETF? Utility ETFs are business shares in companies that provide services like natural gas, electricity, water, transportation services, telecommunications, and more. Canadian utilities ETFs are great income sources for any type of investment, financial account, or savings plan. While these utility ETFs are a steady source of income, some utilities are also known for producing growth opportunities. In

When it comes to investments, there are loads of options to consider and choose from. While some investors want streamlined investments, others wish for a diverse portfolio. This is where the US Bond ETFs come in as one of the myriad options in the market.There are a ton of Canadian ETF options out there, but you may want to expand into the US market as well. By doing so, you’ll gain exposure to another North American market thereby diversifying the geographical risk in your investments. Continue reading to learn more about the US Bond ETF, how they work and the best investments available on the market! What is a US Bond ETF? “ETF” in the term “US Bond ETF” is short for exchange-traded fund. An ETF is a type of fund that is traded publicly on a stock exchange. Money from many investors is pooled and invested into assets. The other half of the term is bond. A bond is

Exchange-traded funds (ETFs) are great entry points into the vast and volatile stock market. Especially because they allow you to spread out your risk and, at the same time, offer low expenses.However, there are many different types of ETFs. In fact, ETFs have become a popular investment idea in Canada which is why there are so many to choose from. This is where confusion sets in for newbies in the world of investing. Choosing an ETF becomes an overwhelming task with such a variety at your disposal. One thing to note is that each type of ETF exists to meet a specific investment need. This allows investors to choose the best investment vehicle to reach their goals effectively. Here, we’ll examine the different types of ETFs. Whether you’re new to investing or a seasoned investor, you’ll learn which ETF best suits your investment goals. What is an ETF? An exchange-traded fund, better known as an ETF, is a type of

Understanding what bonds are about is an important part of education and growth for investors everywhere, including Canada. Bonds in Canada are great for investors looking to strike a balance between equities and fixed income.They also allow you to diversify the types of assets in your portfolio if primarily invested in stocks, ETFs and mutual funds. A bond is a type of investment product where the issuer owes the holder debt. Cash is provided to the holder from the issuer. How bonds work to fit into one’s investment strategy depends on their goals, time frame, and ability.In Canada, you can purchase bonds from the issuing party or through your brokerage account. This article will guide you through the basics of bonds and the ways to buy bonds in Canada. Continue reading to learn more! What are bonds in Canada? A bond is a loan that a bond purchaser gives a bond issuer. This could be a government or corporate company

Are you looking for ways to add Bitcoin to your investment portfolio without worrying about cold wallets and public keys? Investing in one of the best Bitcoin ETFs in Canada is a great work around. With these financial instruments, you can invest in Bitcoin without actually buying the cryptocurrency. Bitcoin ETFs are a new type of financial product that was introduced in Canada in the year 2021. Canada remains at the forefront of releasing the first-ever Bitcoin ETF in North America, as a way to invest in the largest cryptocurrency without using a crypto exchange. These crypto investment products provide investors with everything they need to know about Bitcoin while maintaining a certain degree of transparency and liquidity.Let’s take a look at some of the best Bitcoin ETFs in Canada and their various features below! What is a Bitcoin ETF? A Bitcoin ETF is an exchange-traded fund that tracks the value of Bitcoin on any market exchange platform. Sometimes Bitcoin

Are you trying to grow your wealth and reap financial success with the best of the best? Pay close attention to the top 10 mutual fund companies in Canada that will be revealed in this article. Mutual fund companies in Canada are a great investment idea. They allow you to invest and diversify your portfolio effectively. With mutual funds, you can trust a group of specialists to manage your cash and generate returns on your behalf. In this article, we will introduce you to the top 10 mutual fund companies in Canada. You will get to know the leading players within the industry and learn what they provide to investors. Keep reading to find out more! What is a mutual fund company? A mutual fund company is a trust that pools money from investors to allocate across diverse financial instruments. A mutual fund invests in bonds, stocks, short-term debt, securities, and more. Mutual funds are actively managed, meaning that investments

Ready to unlock the full potential of your savings and investments? Looking to level up your financial game? You should check out cash ETFs in Canada! You have probably come across the term exchange-traded funds, or ETFs for short, at some point. They are not just some passing trend. They are a popular investment option here in Canada and for good reason. The cash ETFs in Canada come with tons of benefits that can boost your confidence in your investments. First off, ETFs are known for their low costs compared to mutual funds — but it doesn’t stop there. Get ready as we’re about to uncover more exciting details and benefits of these cash ETFs in Canada. Let’s get started! What is a Cash ETF in Canada? Before we explore the world of cash ETFs in Canada, let’s take a step back and get a clear understanding of what cash ETFs are. What is an Exchange-Traded Fund (ETF)? Exchange-traded funds

Short selling has become a hot topic in the past few decades. The hype likely started with the infamous subprime mortgage short, executed by Michael Burry and Charlie Ledley, as portrayed in the finance film, The Big Short. However, they were not the first to get rich off of short selling, nor will they be the last. On the other hand, long selling investors can get rich off short selling too through a short squeeze. A recent example of this was Gamestop. Right now, some might be interested in learning how to short a stock in Canada amidst economic instability. In fact, there has been a spike in short sells of the TD stock which might pique certain investors interest. Ready to learn more? Continue reading to understand how to short a stock in Canada. What is short selling? Short selling is the process of betting against a certain stock or investment’s performance with the objective of profit. In other