The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Gabriela has saved a ton of money living with her parents. Is the time right to buy or rent? Jun 4th
If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment..... More »
Should this DIY investor go all in on this international ETF? May 29th
Ask MoneySense I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael Exchange-traded funds (ETFs) can be a great investment tool, Michael. There are over 900 ETFs listed on the TSX right now, according to th.... More »
TD profit falls, missing expectations as economic downturn looms - The Globe and Mail + MORE May 25th
TD profit falls, missing expectations as economic downturn looms The Globe and MailProfits dip as BMO and Scotiabank set aside hundreds of millions to cover bad loans CBC NewsLive news: TD Bank adds to disappointing earnings for Canadian lenders Financial TimesBMO an.... More »
Workspace of the Month: Inside SSENSE’s State-Of-The-Art Montreal HQ + MORE May 31st
Montreal-based retailer SSENSE has a global following not just for its curated selection of streetwear and luxury fashion but also for its distinct point of view—cool, confident and cutting edge. It’s an unmistakable vibe that’s consistent at all touch points: on its clutter-free website a.... More »
What ETFs should a millennial couch potato invest in? May 30th
Ask MoneySense I’m 30 years old and have 30 years to go until retirement. I already have a good pension with my employer so I’d like to try a 100% equity portfolio. Is there a Couch Potato portfolio that would suit my needs? Any ideas on which ETFs to hold? –Jonathan Couch potato ETFs .... More »
Best online brokers in Canada for 2023
Self-directed online investing has normalized after a few years of outsized activity spurred by house-bound investors and government stimulus payments, especially after a bad year for stocks in 2022. Account openings have now stabilized and are back to pre-COVID and pre-meme-stock-phenomenon levels. And the trend of $0 commission firms—specifically no limitations on stocks and exchange-traded funds (ETFs)—has stalled at two and a half legitimate firms. Yes, you read that last part correctly. (More on that half-firm later, where we talk about $0 commissions.)
Now, the question for Canadian online investors—or for that matter the actual online brokerage firms—is what’s the next marketing ploy to watch for? Is it something to attract new investors to the industry and in turn to the firm? Or is it something to make existing investors entertain the thought of trying a new online broker or even switching?
It seems the current marketing focus is to target Canadian investors with words like “easy” and “simple…