National Bank Direct Brokerage Review

National Bank Direct Brokerage Review

NBDB has made changes over the last two years to make their fee structure competitive among other discount brokers, and have now dropped their commission fees altogether for those trading on their online platform. It seems as though they have taken customer feedback to heart and made improvements to make those customers want to stay…

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Interactive Brokers (IBKR) Canada Review 2022

interactive brokers

What is Interactive Brokers? Interactive Brokers Canada is part of the parent company Interactive Brokers Group, Inc., which has been around for over 40 years and boasts a consolidated capital of over $10 billion. It’s mission has always been to develop technology to help traders maximize their potential. Interestingly, way back in 1983 they were…

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Best All-in-One ETFs in Canada 2022

All In One Etf Comparison

We got so many questions about the easiest possible way to diversify investments when we wrote about the Best ETFs in Canada, that we decided to focus exclusively on the Best All In One ETFs Canada had to offer. When it comes to Canada’s All In One ETFs for 2022, it’s a battle of Vanguard…

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BMO Investorline Review (2022 Update + Exclusive Promo)

Bmo Investorline Logo

Is BMO Investorline Safe and Trusted? As one of Canada’s oldest and most trusted companies (founded in 1817) the Bank of Montreal – more commonly known by its BMO initials – or “Bee-Mo” to Canadians – it should be no surprise that the Investorline Self-Directed discount broker is at the forefront of Canadian brokerage options. …

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The RESP Strategy

Resp Strategy

An RESP, or Registered Education Savings Plan, is a tax-deferred investment account designed to help pay for a child’s education. RESPs are eligible for government grants (re: Free Money) of up to $7,200 and are a great way to help minimize a young adult’s student loan debt. In this post, we’ll fill you in on…

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Best Long-Term Investments Canada

long term investing

There is an investment strategy for every kind of investor, some with a high risk tolerance might decide to go the day trading route, while those more risk averse might carefully create a portfolio that’s geared more towards the best long-term investments in Canada. Whether you like to live on the edge, or prefer the…

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How to Earn Passive Income in Canada 2022

passive income canada

Whether you are a beginner or a long-time passive income earner, we have some great passive income ideas for you in 2022. The good news is there are a variety of ways to earn passive income, and we’ll be explaining how to generate passive income with little money to start.  The pandemic has jump started…

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Vanguard Canada Index ETFs vs Mutual Funds

vanguard interview logo

When Vanguard Canada first approached me about doing an interview in regards to their two new mutual fund products, I have to admit that my response was: “Wait, Vanguard still has mutual funds? They’re introducing new ones? Are we sure that’s a good idea?” What followed was an interesting back and forth email interview with…

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Book Review – Balance: How to Invest and Spend for Happiness, Health, and Wealth

balance book review

Huh… this guy really gets it – I remember thinking to myself when I  picked up Andrew Hallam’s first book Millionaire Teacher back around 2011. I mean, it was never going to be a hard sell.   There’s preaching to the choir… …and then there’s one money-nerd personal finance teacher preaching to another money-nerd personal finance…

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StudioTax Review 2022

studiotax review

StudioTax is certified tax preparation software for Canadian personal income tax returns. It is provided by BHOK IT Consulting and is now also available for Quebec residents. I have been a user for the last few years and have not found a reason to change or try a free or paid tool. StudioTax suits my…

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How To Track Your Net Worth

how to track net worth

This post was originally published in early 2009, but brought to the forefront as I believe it’s one of the more important strategies for growing wealth. For those of you who have been following my journey, you’ve probably noticed that I’m a big believer in tracking and managing progress to help achieve desired goals.  I…

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When to Buy Dividend Stocks

best time to buy stocks

I wrote my original thoughts on when to buy dividend stocks roughly a decade ago – and with my best dividend stocks in Canada article one of the most popular on the site, I thought it was the perfect time for an update. Dividend investing can mean a couple things. It could include investing for…

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Investing in Canadian REITs

investing in canadian reits

Investing in Canadian REITs can be an excellent option for anyone looking to diversify their portfolio beyond stocks and bonds. The thing is, not all of us are equipped with the time and money it takes to become landlords and invest in real estate directly.   The good news is: you don’t need to have a…

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Wealthsimple Crypto Review

wealthsimple crypto

What is Wealthsimple Crypto? Wealthsimple Crypto is a crypto trading platform managed through Wealthsimple Trade. It features completely self-directed trading with commission-free buying and selling (sort of, keep reading to learn more). Investors can begin with any amount, even if it’s only $1. Wealthsimple Crypto’s list of available cryptocurrencies has expanded exponentially over its first…

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Top Premium Cash Back Credit Cards in Canada

Premium Cash Back Credit Cards

A premium cashback credit card with an annual fee is a great way to maximize your cashback rewards – especially if you make most of your purchases on credit cards.  The best paid cashback credit cards in Canada feature high earn rates and some truly excellent perks – significantly better than Canada’s best no-fee credit…

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How Do I Maximize RESP Withdrawals?

How Do I Maximize Resp Withdrawals

With my oldest child turning 11 this year, my mindset and strategy for our family RESP is starting to shift from accumulation and growth to a more balanced portfolio. This has many similarities to retirement planning but on a smaller scale. In your younger years, there is a focus on growth, but as retirement approaches,…

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The Best Short Term Investments in Canada 2022

fast short investments canada

When it comes to investing, most financial advice proposes investing for the long run.  There are many times though (down payments, car purchases, dream vacations, weddings, etc) when the best short term investments are much more relevant. These types of goals aren’t necessarily 30+ years down the road, but instead are more like 1-5 years…

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