“Is it time to buy a home, or should I continue renting?”  Sep 15th

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.
Latest News

Short-seller research firm Hindenburg responds to Trevor Milton's resignation - CNBC Television Sep 21st

Short-seller research firm Hindenburg responds to Trevor Milton's resignation  CNBC TelevisionNikola stock collapses after founder resigns over fraud allegations  The Next WebNikola's Trevor Milton Resigns, GM Is Still In  Torque NewsNikola Doesn't Look Much Like Tesla .... More »

Wealthsimple review 2020 Sep 17th

Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First .... More »
 financial advisor

What investors need to know about Canada Sep 20th

I will bet there’s not one Canadian (aside from Nordic sports enthusiasts, perhaps) who is excited about the coming winter. With COVID-19 cases rising, the real possibility of more lockdowns ahead and no warm-climate winter vacations to look forward to, the next few months are going to be long and.... More »
 TSE

Traveler By Day, Trader By Night + MORE Sep 24th

Trading stocks is a great way to earn extra money from anywhere in the world. Thanks to the advancement of technology, it has never been easier to track your investments and make quick decisions, even without a broker. Keep reading to learn more about the advantages of trading without a broker, how .... More »
 dividend

The scoop: What Canadian investors need to know now Sep 16th

For those who like surprises, the stock markets have not disappointed in 2020. The S&P 500 surged to new heights despite the economy-clenching COVID-19 pandemic powering around the globe, and individual investors’ participation in trading reached a 10-year high during the first half of this ye.... More »
Early in the summer of 2020, I wrote about how the uncertainty of the COVID-19 pandemic had some home buyers reviewing their decision to jump into the housing market. After a quiet spring season, there’s been a resurgence in housing demand in markets across the country, with record-breaking sales noted for June and July. As Canadians return to the housing market, one of the biggest questions for prospective first-time buyers with an impending move remains: Should I continue to rent, or should I take the leap into home ownership? 
The answer to that question is, perhaps unsurprisingly, that it depends on your circumstances. The decision to move is often equally a lifestyle and financial decision, and it varies for each one of us based on our needs and preferences. Here are the key considerations to keep in mind as you navigate your own decision to buy or rent, along with some concrete examples on how to approximate and compare your financial costs in each scenario.
1. What’s your time horizon?
As you plan your move, it’s important to ask yourself how long you intend to live in your new home…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!