How to Start Investing When You Have No Idea What You’re Doing Feb 10th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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What’s behind the Nvidia rally? May 29th

A big rally for stocks that began in Asia on Thursday is easing off the accelerator amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. The S&P 500 was 0.3% higher in afternoon trading after giving up most of an earlier .... More »

The best GIC rates in Canada for 2025 + MORE Nov 10th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
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How to buy crypto in Canada + MORE Jul 9th

Gone are the days when crypto investing was restricted to just die-hard enthusiasts. Today, you can buy and sell crypto in several modes—including directly or through exchange-traded funds (ETFs)—as easily as you would buy stocks.  Bitcoin is now considered a mainstream asset offered and.... More »

The best GIC rates in Canada for 2025 + MORE Jan 27th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »
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When does the “plus 1” rule apply to a principal residence?  + MORE Jan 23rd

If I am willed a house and prefer to sell my primary residence to move into the inherited house, do I pay capital tax on the sale of my house?Is it better to be on title of the house I will inherit, even though I own another house, or leave it as an inherited house only to save taxes?—Doris Tax.... More »
Investing is a good idea no matter how old you are or where you are in life. But how do you start investing when you don’t know what you’re doing? If the idea of investing scares you, here are the basics you need to know.
Stocks, Bonds, and Funds Basics
Stocks, bonds, and funds are all common methods of investing, but there are differences between the three. Stocks are shares of companies. When you buy stock in a company, you’re hoping the business will continue to grow and your investment will grow. You run the risk that the company will run out of fuel and your share will decline in value. If you’re looking for a long-term investment, stocks are a good choice. You’ll have to leave your money there and keep an eye on it, but you won’t want to sell your stock quickly since it will most likely either be worth the same or less than when you bought it.
Bonds, on the other hand, are essentially a loan you’re providing to a company. They’ll pay you interest until the bond matures and you receive the full amount back…

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