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Latest News
Canada’s best credit cards for grocery purchases 2020 Sep 3rd
Everybody’s got to eat, which makes groceries a spending category with a lot of earning potential. How you capitalize on those purchases is up to you, but whether you’re looking for cash back, rewards or points to use at your favourite supermarket, we’ve got your best bets right here. Select t.... More »
For Canadians living abroad, is it worth investing in foreign ETFs? Mar 28th
Ask MoneySense
I’m a Canadian citizen who moved from Europe 2 years ago. I have some savings in EUR and I’m considering investing in VWCE (around 50,000 EUR).
I’m assuming this will complicate my tax returns in Canada. Are the extra complications worth it? What would you recommend in this c.... More »
Pandemic financial habits that are worth keeping when this is all over + MORE May 4th
From carefully monitoring your cash flow to building emergency funds, new ways of managing your money will be crucial going forward..... More »
India asks internet service providers to block WeTransfer - TheChronicleHerald.ca Jun 1st
India asks internet service providers to block WeTransfer TheChronicleHerald.caIndia blocks File transfer service WeTransfer - here's what we know TechradarWhy is WeTransfer banned in India: Know all about it India TV NewsGovernment of India bans WeTransfer file shar.... More »
MasterCard, Visa suspend operations in Russia over invasion of Ukraine - CBC News Mar 5th
MasterCard, Visa suspend operations in Russia over invasion of Ukraine CBC NewsVisa, Mastercard block Russian financial institutions after sanctions CTV NewsMastercard, Visa suspend operations in Russia after invasion CP24 Toronto's Breaking NewsVisa, Mastercard susp.... More »
What Is A Robo-Advisor, And How Can It Help You?
– investitwisely.com
If you’re late to the party, you may be coming across a new type of software online called a Robo-Advisor. Whether you are a current DIY investor or someone who is just looking to enter the markets, they can be an amazing tool to utilize.A Robo-Advisor is essentially an automated process wherein the software determines an investment portfolio that works for you, and consistently balances your portfolio to always meet your requirements. How do they find your requirements? It can be as easy as a simple questionnaire. I am a passionate stock-picker, so I’ve never actually invested with a Robo-Advisor. But I decided for our most recent Wealthsimple review that I would create an account and actually go through the process of getting set up with one. In this piece, I’m going to explain some of the benefits of working with a Robo-Advisor and how they can save you time, stress, and most of all, money.
Robo-Advisors fees are ridiculously cheap
In almost all cases, picking your own stocks or ETFs is going to be the lowest cost choice for an investor…
