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
School software hack hits school boards across six Canadian provinces - CTV News + MORE Jan 13th
School software hack hits school boards across six Canadian provinces CTV NewsCybersecurity breach of Nova Scotia school system could have financial impact Global News TorontoPowerSchool paid hackers a fee to delete stolen data: Manitoba school board memo CBC.caSask..... More »
Can you use the FHSA and HBP together? + MORE Aug 15th
If you’ve been saving up to buy your first home, you’ve probably looked into the most effective ways to invest your money and come up with a solid down payment. You may also have explored programs for first-time home buyers—after all, every little bit helps, especially in a challenging housing.... More »
Can a non-resident open an investment account in Canada? Sep 19th
I moved to Sweden to study in 2021 and I am no longer considered a resident of Canada (to my understanding). However, I have some money to invest. I am not allowed to contribute to my TFSA which leaves me with contributing to an RRSP or an ISK (Swedish tax efficient account). In short, you pay ~0.40.... More »
Carney government proposal targets extinction protections for endangered killer whales off B.C. coast + MORE May 14th
The orcas have been affected by shipping traffic causing physical and acoustic disturbances, pollutants and declining food stock..... More »
Your Next Home May Be in the Metaverse Jul 7th
Krista Kim’s dream home didn’t exist, so she built it herself—in the metaverse. In 2020, cooped up with her two kids in a Toronto condo during the Covid lockdown, the digital artist began designing her perfect escape, leaving no detail overlooked. She sketched out a glassed-walled bungalow vil.... More »
What is growth investing?
– moneysense.ca
If you’re the type of investor who is attracted to stocks that have the potential for outsized returns, then growth investing—whether through individual stocks, ETFs or a combination—might be the right fit for you. Growth investors look for companies with above-average growth prospects in their industry or sector. This style contrasts with value investing, which aims to invest in companies that appear to be under-priced according to their fundamentals.
Growth investors don’t particularly care about the current stock price as long as the company or sector looks poised to march higher. It’s the potential for lottery-like returns that appeals to growth investors.
When it comes to growth sectors, technology is usually the first to come to mind. Tech stocks have been at the front of the pack for investment returns over the past decade, but other sectors cycle in and out of favour and can also produce eye-popping returns in times of growth. Energy stocks, for example, slumped for many years but have rallied this year on rising oil and gas prices…
