There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
They lack tech glamour. They’ve lagged the market. But blue-chip dividend stocks but can be smart buys + MORE Aug 31st
Columnist David Aston points out the opportunities that can, if you’re smart, eschew the risk from the most volatile sectors..... More »
Pro tips to invest better in 2022 Jan 3rd
Building a strong investment portfolio will take time and patience, so start now, Lesley-Anne Scorgie writes..... More »
Nintendo expects to sell 21 million Switch consoles this year - Al Jazeera English May 10th
Nintendo expects to sell 21 million Switch consoles this year Al Jazeera EnglishNintendo FY2022 results (Switch hits 107 million sold) GoNintendoNintendo Switch Has Now Sold Over 107 Million Units Nintendo LifeNintendo announces 10-1 stock split; sees Switch sales fa.... More »
Selling stocks at a loss in a TFSA: What it means for your contribution room Apr 11th
Ask MoneySense
I lost $20,000 dollars in my TFSA account in the market correction, and my broker sold the losing stocks. Can I put more money in to bring me back up the to the limit the government allows?—Wayne
Capital losses in a TFSA
A capital loss is when you sell an investment at a lowe.... More »
Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap - Yahoo Finance + MORE Feb 2nd
Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap Yahoo FinanceStock market today: S&P 500 hits record high after jobs report, tech earnings thrill investors Yahoo FinanceBull Market in Stocks Powers Even as the Big-Tech Trade Splinters BloombergScorc.... More »
How to make sense of contradictory investment advice
– moneysense.ca
Q. Several investment sources are giving advice that seems contradictory. On the one hand, it is often preached that the key to smart investing is having a long-term view. That is, buy and hold good-quality stocks for long periods of time (10-plus years). It is argued this kind of passive approach, in the end, has better returns than an active approach.
Yet, on the other hand, I have read other articles that argue that one of the biggest mistakes individual investors make is holding onto their losers (when fear sets in) and not selling them soon enough. So, which is it?
–Nat
A. I have worked with thousands of clients during my career as a Certified Financial Planner. A key observation I can share is that there is no one-fits-all approach to financial planning, and the same applies to investing. There simply is not just one right way to invest your money. The right approach will differ from person to person, and even potentially from one person’s investment account to another of their accounts, depending on time horizon, taxation and other factors…
Yet, on the other hand, I have read other articles that argue that one of the biggest mistakes individual investors make is holding onto their losers (when fear sets in) and not selling them soon enough. So, which is it?
–Nat
A. I have worked with thousands of clients during my career as a Certified Financial Planner. A key observation I can share is that there is no one-fits-all approach to financial planning, and the same applies to investing. There simply is not just one right way to invest your money. The right approach will differ from person to person, and even potentially from one person’s investment account to another of their accounts, depending on time horizon, taxation and other factors…