Investing

5 Best Dividend ETFs in Canada (2023)

Dividend stocks are some of the best investments for those seeking passive income. However, individual stocks are exposed to unique risks. A downturn in a specific industry could lead some companies to cut dividends or suspend them altogether.

5 Best Tech ETFS in Canada (2023)

Exchange-traded funds (ETFs) are a quick and convenient way to add exposure to certain investment themes. Here are some of the top tech ETFs that should be on your radar.

5 Best S&P 500 ETFs for Canadians (2023)

Here are 5 of the best S&P 500 ETFs that Canadians can easily invest in.

5 Best Index Funds for Canadians (2023)

Here are 5 of the best index funds Canadians can buy right now.

5 Best Canadian REIT Stocks (2023)

Real Estate Investment Trusts in a great way for Canadian investors to diversify their portfolio and gain exposure to the real estate market.

3 Best Canadian Money Market Funds (2023)

Money market funds are a great option for investors looking for low-risk investments. Investors have many options as there are over 100 funds in Canada.

Is Robinhood Available in Canada?

While Robinhood is not available in Canada, here are some great alternatives that offer many of the same amazing features for Canadian investors.

XBAL vs VBAL: Deciding Between Balanced ETFs

VBAL and XBAL are great for investors seeking asset and geographic diversification. However, there are some differences to consider when selecting your portfolio.

XEQT vs VEQT: Analyzing All-Equity ETF Portfolios

XEQT and VEQT are solid options for investors seeking diversified equity exposure across geographies with slight differences in cross-market allocations.

VEQT vs VGRO: Deciding Between All-Equity and Growth ETFs

Depending on whether your objective is high-growth or balanced growth, either VEQT and VGRO are viable options for your portfolio.

XUU vs VUN: Choosing the Better US Total Market ETF

The US equity market is one of the most robust public markets in the world. XUU and VUN are both good options to gain broad exposure to this market.

XIC vs VCN: Deciding Which ETF to Buy

For investors seeking Canadian equity exposure, both XIC and VCN offer promising merits centred on long-term capital gains.

Norbert’s Gambit: A Cheaper Way to Buy US Dollars

Canadian traders who want to purchase U.S. stocks are likely to face high conversion fees. Norbert's gambit is a great way to get around this issue.

VFV vs VOO: Which Should Canadians Invest In?

VFV and VOO differ when it comes to returns, tax treatment, currency risk, and other factors. In this article we’ll compare both ETFs to see which has the edge.

What is a Self-Directed TFSA and How It Works

This article covers the basics of Self-Directed TFSAs, the value it brings, potential pitfalls, and how to get started with an account of your own!

How to Day Trade in Canada

Day trading refers to buying and selling a stock within the same day. This practice can be profitable, but is highly speculative and involves risks.

What is the Smith Maneuver?

Wondering how you can achieve multiple financial goals in one go? Read this Smith Manoeuver guide for Canadians and see how simple it can be.

How Does Wealthsimple Make Money?

As a zero-commission service, many wonder how Wealthsimple is able to make money. Here are some of the indirect ways you pay fees on the platform.

Stocks vs Bonds: What’s the Difference?

The main difference between bonds and stocks is that bonds represent debt obligations while stocks are tied to ownership of an entity.

Is Beanstox Available in Canada?

While Beanstox is not accessible to Canadians, there are a number of options that allow investors to create diversified portfolios with a similar cost structure.

How to Invest in Gold in Canada

Gold holds a unique position in the financial ecosystem as an asset class that continues to be recognized as a store of value and used as an inflation hedge.

Can You Use Webull in Canada?

The popular trading platform Webull is unfortunately not available in Canada. Luckily, there are several alternatives that are great choices.

How to Buy Tesla Stock in Canada

Tesla is traded on the NASDAQ stock exchange in the US and is one of the most traded stocks in the world today. If you’re looking to buy Tesla stock in Canada, here are 5 easy steps to start investing today!

Is Acorns Available in Canada?

Acorns is a finance app that allows individuals to invest in the market. The platform is not available in Canada, but here are some alternatives.

How to Buy Rivian Stock in Canada

Rivian is traded on the NASDAQ stock exchange in the US after completing its IPO in November 2021, and has been a closely-followed stock since. If you’re looking to buy Rivian stock in Canada, here are 5 easy steps to start investing today!

Is TD Ameritrade Available in Canada?

TD Ameritrade is a trading platform full of great features. However, the platform is not available in Canada. Here are three great alternatives.

Is Wealthfront Available in Canada?

A popular robo-advisor in the US, Wealthfront is not available in Canada, however here are 3 alternative automated investing platforms Canadians can use.

What is a 401k Equivalent in Canada?

The 401k is a tax-advantaged retirement savings plan that allows Americans to defer tax on income earned. Here's the Canadian Equivalent of a 401k.

Is Tastyworks Available in Canada?

For investors looking into options trading, tastyworks is a great choice. However, the company isn't operating in Canada. Here are some alternatives.

Questrade vs Wealthsimple Trade: Which Canadian Trading Platform Is Right for You?

Questrade Review 2023: Pros, Cons, and Everything You Need to Know

Is Personal Capital Available in Canada?

Personal Capital is a wealth management platform that offers a variety of services. While it isn't available in Canada, there are many alternatives.

How to Buy Porsche Stock in Canada (5 Easy Steps)

On September 29, 2022, Porsche AG completed its IPO on the Frankfurt Stock Exchange. Read on to find out how you can become a shareholder from Canada!

Is Merrill Edge Coming to Canada?

Merrill Edge is a trusted brokerage platform owned by Bank of America. While the platform is not available in Canada, there are many alternatives.

Is Lightspeed Trading Available in Canada?

As the name suggests, Lightspeed trading is a platform that offers speed and performance. While not available in Canada, here are some alternatives.

How to Buy Bonds in Canada (4 Steps)

While not as common as buying equities, investing in bonds is still fairly popular as bonds are great vehicles to generate income while keeping capital protected.

How to Buy Fractional Shares in Canada: Wealthsimple and Interactive Brokers

Trading fractional shares is a great way to begin investing without too much capital. This allows investment into companies with high share prices

Is Stash Available in Canada?

Stash is a finance app that allows users to invest small amounts of money. While it isn't available in Canada, there are some great alternatives.

Stop-Limit Orders: What it is and When to use it

Stop-limit is an order type used to execute trades within a specific price range. When implemented correctly, this technique can offer many benefits.

Can I Use Charles Schwab in Canada?

Charles Schwab is unfortunately not available in Canada anymore. Here are some alternatives for Canadians.

How to Buy Volkswagen Stock in Canada in 2023

Volkswagen is traded on the Frankfurt Stock Exchange in Germany and is the world’s second largest auto manufacturer by volume sold. If you’re looking to buy Volkswagen stock in Canada, here are 5 easy steps to start investing today!

How to Trade Options in Canada: 4 Steps to Get Started

Investing in equities through options can become more attainable when investors take a step-by-step approach and utilize an organized framework

Best Options Trading Platforms in Canada (2023)

Options allow investors to buy and sell a certain security at a predetermined price in a specific time period. The value of the option is dependent on the relation of this predetermined price and the price of the underlying security, as well as how much time to expiry is left on the option contract.

Best Trading Platforms in Canada (2023)

There are many factors to consider when deciding which online trading platform to use and there are many options out there, so finding the best one can be tricky.

What is the RRSP Contribution Limit in 2023?

Putting money into an RRSP is a great way to both lower your taxable income and save for retirement. Here are some details on RRSPs in Canada.

What is a Deferred Profit Sharing Plan or DPSP in Canada?

A Deferred Profit Sharing Plan (DPSP) is another retirement savings option for Canadian employees. Let's go over how a DPSP works.

TFSA Contribution Limit for 2023

Learn how you can stay within the rules and be as efficient as possible with your tax-free savings accounts.

How to Buy Apple Stock in Canada in 2023

Apple is traded on the NASDAQ in the US and is one of the world’s most valuable companies by market cap. If you’re looking to buy Apple stock in Canada, here are 5 easy steps to start investing today!

4 Strategies to Make Passive Income in Canada

A great way to increase earnings is to create a stream of passive income. Long-term, steady streams of income can be possible using these methods.

Is thinkorswim Canada Available?

thinkorswim Canada is available to new and existing Canadian customers.

Is TradeZero Available in Canada?

TradeZero is a popular platform, offering commission-free trades across its mobile and web apps. TradeZero is now available to Canadians.

What is a Pooled Registered Pension Plan (PRPP) in Canada?

Here's what a PRPP is and how can you use it to your advantage.

What is a Group RRSP or GRSP in Canada?

What are group RRSPs? Should I join a group RRSP? How does a group RRSP work? Your group RRSP questions are finally answered!

What is a GIC in Canada? Guaranteed Investment Certificates

What are GICs and how can they be included in your investment portfolio?

What is an ETF in Canada? Exchange Traded Fund

ETFs are a way to invest in the stock market that broadens your diversification options and can lower your investment fees.

Different Types of Mutual Funds in Canada

Mutual Funds allow you to grow your money without any investing experience. Investment professionals handle the day-to-day details using this method.

What is a Bond & How Do They Work?

A bond represents a loan obligation wherein a borrower agrees to pay the lender at a specified rate known as the coupon rate in a specified time period or maturity.

What is a Stock Split?

Companies that find their share prices rising too high may consider a stock split to bring things back to earth and attract more retail investors.

Understanding Margin Accounts in Canada

Margin accounts provide investors with the ability to borrow money from their broker to enhance their buying power.

5 Types of Bonds Explained

Bonds can be defined into the following five buckets: Sovereign Debt, Supranational Sub-Sovereign Agency (SSA Debt), Real Return Bonds (RRBs), Corporate Credit and Asset-Backed Securities.

Is SoFi Available in Canada?

SoFi is a personal finance company attemping to modernize the financial industry. The company doesn't operate in Canada, but there are alternatives.

Payment for Order Flow (PFOF) in Canada

Payment for Order Flow is a controversial practice that allows brokerage firms to generate revenue without needing to charge trading commissions.

Wealthsimple Trade Review – Zero Commission Trading in Canada

The ultimate Wealthsimple Trade starter pack - covering features, fees, how to start investing, and more!

What is a Management Expense Ratio MER?

The Ultimate Guide to Mutual Fund Fees in Canada

What is a Mutual Fund in Canada?

While the stock market is becoming an increasingly popular method of investing, other asset classes such as mutual funds are still great investments.

Is eToro Available in Canada?

Offering a variety of social features, eToro is a quickly growing trading platform. While not available in Canada, there are several other options.

How to Buy Stocks in Canada: Start Investing

Investing in stocks can seem daunting at first, but the key to getting a head start into investing is to have a well-defined objective and a financial plan to achieve your unique goals.

TFSA vs RRSP: How to Choose Between the Two

Two-thirds of Canadians hold either a TFSA or an RRSP, or both. Let’s look at what these accounts have to offer, and which best suits your particular needs.

RSP vs RRSP: Differences Explained for Canadians

Unsure about the difference between a RSP vs RRSP? Read this easy-to-follow guide and rid yourself of all confusion about retirement savings plans.

Tax Free Savings Account (TFSA) Guide for Canadians

In the world of Canadian personal finance, the Tax Free Savings Account (TFSA) is one of the most important tools that investors can use as a ‘tax shelter’ for their investments.

Roth IRA Canada: Is it Available to Canadians?

Roth IRA accounts are a great way to grow wealth. While only available to Americans, there is a very similar account type for Canadians as well.

Is ETRADE Available in Canada?

While Etrade no longer is offered in Canada, there are several great traditional and newer alternatives to meet the needs of Canadian investors.

Is Wealthsimple Safe?

Wealthsimple is a brokerage platform that offers secure trading. Clients of Wealthsimple can rest assured that the company takes security seriously.

How to Buy Disney Stock in Canada

Disney is traded on the New York Stock Exchange (NYSE) in the US and is undisputedly the most iconic name in entertainment. If you’re looking to buy Disney stock in Canada, here are 5 easy steps to start investing today!

How to Buy Coinbase Stock in Canada

Coinbase is traded on the NASDAQ in the US and is America’s largest cryptocurrency exchange by traded volume. If you’re looking to buy Coinbase stock in Canada, here are 5 easy steps to start investing today!

How to Buy AMC Stock in Canada

AMC is traded on the New York Stock Exchange (NYSE) in the US and is the world’s largest chain of movie theaters. If you’re looking to buy AMC stock in Canada, here are 5 easy steps to start investing today!

How to Buy Amazon Stock in Canada

Amazon is traded on the NASDAQ stock exchange in the US and is one of the world’s largest and most diversified companies. If you’re looking to buy Amazon stock in Canada, here are 5 easy steps to start investing today!

How to Buy Air Canada Stock in Canada

Air Canada is Canada’s flag carrier and leading airline. If you’re looking to buy Air Canada stock in Canada, here are 5 easy steps to start investing today!

How to Invest in Silver in Canada

Investors turn to precious metals as they have stood the test of time as a store of value and a hedge against inflation. Here are 5 ways one can begin investing in silver.

How to Invest in Commodities in Canada

Well-diversified portfolios often allocate capital into commodities to hedge their portfolios' inflation risks. The most commonly traded commodities are often bucketed into 4 major categories, Energy, Metals, Agriculture and Livestock/Meats.

Is SigFig Available in Canada?

SigFig is not available in Canada. SigFig is a portfolio tracking platform that allows you to aggregate accounts across brokerages and see all your financial information in one place.

How to Start Investing in Canada: A Simple Guide

To streamline the investing process and achieve consistently positive outcomes, it is essential to have an asset allocation framework and make prudent decisions regarding the construction and composition of a portfolio.

How to Invest in Index Funds in Canada (2023)

Index funds are an attractive investment option that does not require picking individual stocks. Here are some ways to buy index funds in Canada.

What is an Index Fund?

Index funds invest your money among a broad range of companies allowing you to easily diversify your portfolio and reduce risk.

Segregated Funds vs Mutual Funds: What’s the Difference?

The main difference between segregated funds and mutual funds is that segregated funds offer principal protection on investments and these products are sold by insurance companies, unlike mutual funds which are sold by asset management companies or financial institutions.

Is Moomoo Available in Canada?

Despite having 18+ million users on their app, Moomoo doesn’t permit Canadians to register on their platform.

Canadian Investor Protection Fund (CIPF) Coverage Explained

The Canadian Investor Protection Fund is a crucial pillar of the Canadian investment industry that acts to safeguard your money. Here's how it works.

How Many Shares Should You Buy When Investing in Stocks?

Investors should aim to diversify across sectors in order to minimize company- and industry-specific risk, and generate excess returns over the benchmark.

Types of Stock Orders: Market, Limit and Stop Orders

Despite variances in fees and features across different brokerages, there is consensus on the different stock order types that investors can place on the exchanges.

Stock Options vs RSUs: What’s the Difference?

Stock Options vs RSUs: What To Choose

What is a Non Registered Savings Plan (NRSP) in Canada?

A Non-Registered Savings Plan (NRSP) is an account you can open to save and invest without the restrictions of a registered savings account. An NRSP is not registered with the CRA.

What is the Lifelong Learning Plan (LLP) in Canada?

Through the Lifelong Learning Plan, you can withdraw up to $10,000 in a calendar year from your RRSP for a full-time training or education program.

What are Canada Savings Bonds?

Canada Savings Bonds supported the Canadian government in raising funding for capital projects, while enabling Canadians to channel their savings into a virtually risk-free asset. The initiative has been discontinued as of December 2021.

Registered Pension Plan (RPP) vs Registered Retirement Savings Plan (RRSP) in Canada

The registered pension plan (RPP) and the registered retirement savings plan (RRSP) are accounts you can use to save for retirement. Here's what you should know about both plans.

Converting Your RRSP to a RRIF

The primary difference between a Registered Retirement Income Fund (RRIF) and a Registered Retirement Savings Plan (RRSP) is that you a RRSP is used to save and invest for retirement, whereas a RRIF is used to pay you periodic income in retirement.

What are Stock Options and How Do They Work?

Employers offer employees stock options to buy shares of the company at a specified price based on performance and other targets, to incentivize employees and drive a stronger alignment of interests.

What is a Dividend and How Do They Work?

A dividend is a payment a firm makes to its shareholders, usually in cash. It's a great way to earn passive income and share in a firm's profits

Is Ally Invest Available in Canada?

Ally Invest is a brokerage platform that offers commission-free trades. While the platform is not available in Canada, here are several alternatives.

What is Value Investing and How Does It Work?

Value investing focuses on analyzing companies with a bottoms-up approach and identifying stocks that are presently trading below their “fair value”.

Understanding What ECN Fees Are in Canada with Brokers like Questrade

ECN fees are charged by brokerages when specific types of orders are placed. Knowing what they are and when they are charged can help save you fees.

Dollar Cost Averaging (DCA) Explained with Examples for Canadians

Dollar cost averaging aims to lower the cost of acquisition of a security by making steady purchases on a periodic basis.

What is ESG Investing? Environmental, Social and Governance Investing Explained

Asset managers such as pension funds, endowments and others are shifting toward assessing the environmental, social and other impacts of their investing footprint in public and private markets.

What is Short Selling? Shorting a Stock Explained

In simple terms, short selling is a method that enables market participants to sell securities without owning the underlying security.

What is a Life Income Fund (LIF) in Canada?

A Life Income Fund (LIF) is a registered income fund that provides money from your locked-in pension accounts in retirement.

What is a RRIF in Canada? Registered Retirement Income Fund

A registered retirement income fund, also known as a RRIF, is a registered plan that you transfer funds from a registered retirement savings plan (RRSP) to, with the purpose of receiving periodic income in retirement.

What is a Reverse Stock Split?

When companies find their share price dropping, they may consider a reverse stock split. Splitting can bring prices up and stabilize the situation.

Hedged vs Unhedged ETF in Canada: Which To Choose?

The main difference between a hedged and unhedged ETF is that a hedged ETF looks to mitigate for foreign exchange risk, while an unhedged ETF leaves investors exposed to currency fluctuations and risk.

TFSA Withdrawal Rules Explained

The Tax-Free Savings Account (TFSA) withdrawal and re-contribution implications explained.

What is an RESP and How Does It Work? Registered Education Savings Plan

This guide provides information on what you need to know about the Registered Education Savings Plan (RESP) in Canada.

What is Compound Interest?

The "magic" of compound interest can help you reach your savings target sooner in life. Here's how it works and how to calculate it.

What is a Spousal RRSP? Contributions and Withdrawal Rules Explained

For couples, spousal RRSPs are one of the best ways to save for retirement. Both higher and lower wage earners can benefit from using spousal RRSPs.

RRSP Withdrawal Rules and Taxes Explained

Here's what you need to know if you're considering withdrawing from your RRSP early.

Best LIRA Accounts in Canada Locked In Retirement Account

Locked-In Retirement Accounts are lesser-known retirement savings accounts. Not everyone can open one, and there are many rules on how they are used.

What is an RRSP? Registered Retirement Savings Plan

Saving enough money for retirement can be a formidable task. Learn how an RRSP can accelerate your savings rate and slash your tax bill along the way.

What is the RRSP Contribution Deadline in 2023?

The RRSP deadline for the 2020 tax year was March 1st, 2021. That means you had until that deadline to contribute to your RRSP for the 2020 tax year.

Interactive Brokers Canada Review (2023)

Interactive Brokers is a great choice for Canadians looking for the optimal balance between features and fees.

Index Funds vs Mutual Funds: What’s the Difference?

The Ultimate Comparison: Index ETFs vs Mutual Funds in Canada

TradeStation Canada is Not Available, Here Are Some Alternatives

TradeStation is a brokerage platform that offers great research tools for advanced traders. Unfortunately, the platform is not available in Canada