Mutual funds

If you’re new to online investing, you have the option of doing it yourself by using one of the many robo-advisors or online brokerages in Canada. When you put your investments in a registered account—such as an RRSP or tax-free savings account (TFSA)—it’s less complicated because you won’t have to worry about calculating taxable income.

Mistakes happen frequently. There was that time when Coca-Cola launched New Coke, when AOL merged with Time Warner, and when Microsoft introduced the Zune.

Online investment managers, known as robo-advisors, have grown in popularity over the past couple of years because they provide investors with a professionally managed portfolio at a lower cost than mutual funds.

The path towards investing can seem a distant prospect for many, especially when factoring in the challenges of saving after housing and living expenses. Don’t lose heart, there will come a time where savings will accumulate.

When it comes to investing, there’s a common misconception that you need to have tens of thousands of dollars to start an investment portfolio. In fact, you don’t need that much. Also, investing sooner rather than … Read More

As a personal finance blogger, most people assume I’ve always had a knack for money. I must admit, I’ve made a lot of mistakes over the years and the reason I started blogging was because I … Read More