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What does your investment portfolio look like? How has it changed since COVID? My wealthier friends have made significant gains, while my less wealthy friends are in survival mode. I have done quite well though I don’t like to talk about it. I found it interesting to read the new study released by the Ontario Securities Commission […]
The TFSA program began in 2009. It is a way for individuals who are 18 years of age or older and who have a valid social insurance number (SIN) to set money aside tax-free throughout their lifetime. Contributions to a TFSA are not deductible for income tax purposes. Any amount contributed as well as any income […]
Disclosure: This is a partnered post with Tangerine Bank. However, all opinions and views on this post are 100% my own. RRSP Season is here. If you have taken the time to put away money into your RRSP on a regular basis- good for you! Give yourself a pat on the back. Putting away money on […]
An exchange-traded fund (ETF) is an investment fund that holds a collection of investments, such as stocks or bonds owned by a group of investors and managed by a professional money manager. ETFs trade on a stock exchange and can be sold short or margined. You can also trade in futures and options on ETFs. ETFs and mutual funds both offer similar options to spread out risk using diversification – but they’re built, […]
5% of Canadian investors are feeling optimistic about their financial future, but despite dealing with the pandemic for almost a year, most Canadians (70%) admit it’s hard to know what to do when it comes to their investments in this current environment, according to a recent Scotiabank Survey. The results of Scotiabank’s 2021 Retail Investor […]