All about Canadian investments. Learn the ins and outs and get the latest news.
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Meet the Advisors Who Are Expanding Wealth and Enhancing Legacy Planning Jun 13th
Established families and business leaders trust the boutique wealth advisory firm to multiply wealth and maximize estate value. Leveraging innovative and sophisticated financial strategies, they’re creating monumental financial impact.
Movsessian and Kachani speak about establishing the f.... More »
The best student credit cards in Canada for 2023 Oct 12th
Credit Cards
The best student credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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Apple Expected to Unveil Next Generation of iPhones as Company Tries to Reverse Recent Sales Slump - Asharq Al-awsat - English Sep 12th
Apple Expected to Unveil Next Generation of iPhones as Company Tries to Reverse Recent Sales Slump Asharq Al-awsat - EnglishApple Exclusive Leaks All-New iPhone 15, iPhone 15 Pro Upgrades ForbesThe iPhone 15 Pro's New Action Button: What to Expect forums.macrumors.co.... More »
Making sense of the markets this week: October 15, 2023 + MORE Oct 13th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Clearly, the biggest world news is the conflict in Israel and Gaza. This week we are holding off discussing the effects.... More »
Can you survive on Canada’s government pension alone in retirement? Experts say you might be surprised + MORE May 8th
Until fairly recently, CPP replaced a quarter of your average work earnings — but it’s already providing more. We asked experts what to do if CPP and OAS will make up most of your retirement income..... More »
A guide to the best robo-advisors in Canada for 2020
– moneysense.ca
The robos are everywhere. What was once a little-known investing tool for tech-savvy investors is now commonplace, with everyone from newbie savers to retired boomers using robo-advisors to help manage their money.
While advisors and traditional fund companies still manage the majority of money in Canada, with people paying more attention to fees and with interest in exchange-traded funds (ETFs) increasing, robo-advisors will only see their assets under management rise from here. According to the research aggregator Statista, Canadian robos will hold an estimated US$8.1 billion in assets under management in 2020, which, it predicts, will rise to US$16.6 billion by 2023, for a 26.7% compound annual growth rate.
As time goes on, these companies are also getting more sophisticated in their offerings. Some robos now offer chequing accounts, others let you pick stocks or buy insurance or offer real-life financial advice. You can invest in all kinds of accounts too, including Tax-Free Savings Accounts (TFSAs), Registered Retirement Savings Plan (RRSPs), Registered Retirement Income Fund (RRIFs), Registered Education Savings Plans (RESPs) and more…
While advisors and traditional fund companies still manage the majority of money in Canada, with people paying more attention to fees and with interest in exchange-traded funds (ETFs) increasing, robo-advisors will only see their assets under management rise from here. According to the research aggregator Statista, Canadian robos will hold an estimated US$8.1 billion in assets under management in 2020, which, it predicts, will rise to US$16.6 billion by 2023, for a 26.7% compound annual growth rate.
As time goes on, these companies are also getting more sophisticated in their offerings. Some robos now offer chequing accounts, others let you pick stocks or buy insurance or offer real-life financial advice. You can invest in all kinds of accounts too, including Tax-Free Savings Accounts (TFSAs), Registered Retirement Savings Plan (RRSPs), Registered Retirement Income Fund (RRIFs), Registered Education Savings Plans (RESPs) and more…
How To Become a Successful Options Trader
– investitwisely.com
Becoming an options trader takes time, research, and strategy. Before you can start successfully making strong profits, you must educate yourself on stock options and find a broker who can guide you along the process. Follow these steps to help you get started in becoming a successful options trader.
Research Stock Options and Learn How They Work
Before getting into the options trading game, you must learn what stock options are through research. As an overview, stock options are contracts that give you the option to buy or sell a stock at a certain price on the agreed-upon date. While purchasing stocks immediately gives you company ownership, stock options are more temporary contracts that provide short-term benefits.
There are a few elements to be aware of before handling stock options:
Strike price: This is the set price that options can be bought or sold at.
Premium: When starting your options contract, you’re required to pay a fee, which is the premium. Premiums are priced per each share and fluctuate as market prices move higher or lower…
