How To Become a Successful Options Trader + MORE Jul 10th

All about Canadian investments. Learn the ins and outs and get the latest news.
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Car title loans have recently become a popular option for people who need a quick source of cash. Title loans are particularly useful for individuals with a negative credit history who need access to a loan. What is a car title loan? A car title loan is a type of short-term loan. It is quite similar.... More »
 canadian savings bond

Investment Strategy in Inflationary Times Jul 30th

The volatile market and the inflationary times! What more is required to cause extreme annoyance to an investor? In this period of recessionary trends, inflation has turned out to be a decisive factor in share markets. The extent of rise in the inflationary trends will determine the future course of.... More »

Making sense of the markets this week: July 12 Jul 12th

This is the first installment of a new column. Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. With age comes…less financial stress? FP Canada, a national organization that seeks to hold financial planners accountable to .... More »
 canadian savings bond

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This Toronto nurse recently graduated with $50K of debt. He works more 60 hours a week during the pandemic. He’s in a rush to pay off his OSAP loan and move out. Can he do it? Aug 3rd

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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…

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How To Become a Successful Options TraderBecoming 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…

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