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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B.C. to outline financial support for renters impacted by coronavirus crisis - Global News Mar 25th
B.C. to outline financial support for renters impacted by coronavirus crisis Global NewsB.C. bans majority of evictions during COVID-19 pandemic CBC.caB.C. to announce help for renters, landlords amid COVID-19 financial crunch CTV NewsHome evictions rising in Covid-1.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 31st
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Canadians are turning to credit cards for financial stress relief — and debt is on the rise - CBC News Sep 6th
Canadians are turning to credit cards for financial stress relief — and debt is on the rise CBC NewsFinancial Stress Mounts, Credit Card Demand and Debt Rise Financial PostEquifax says total consumer debt $2.32T in Q2, up 8.2% from 2021 BNN BloombergStressed about .... More »
Making sense of the markets this week: July 2, 2023 + MORE Jun 30th
All about Canadian investments. Learn the ins and outs and get the latest news.
Making sense of the markets this week: July 2, 2023 - moneysense.caThis week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
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2023 tax credits, due dates and when you can file: Your 2023 income tax return guide Apr 9th
You’ll want to bookmark the MoneySense guide for 2023 personal income taxes. We will be updating it frequently, as information becomes available and deadlines approach. Plus, we get answers from the experts you won’t find anywhere else, thanks to our Ask MoneySense and Ask A Planner columns.&nbs.... More »
How to Start Investing When You Have No Idea What You’re Doing
– investitwisely.com
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…
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…
