Archive for April 2022
High Net Worth Investing In Canada
Who are High Net Worth Individuals? We know a person or household’s net worth is just the difference between assets and liabilities. So a high net worth individual just refers to a person with substantially more assets than liabilities right? Almost. A High Net Worth Individual (HNWI) is a specific label that financial institutions use…
Read MoreFHSA: Canada’s Tax-Free First Home Savings Account
Last week the Canadian government announced their promise of a Tax Free First Home Savings Account (FHSA) was going to become a reality in 2023. The idea is to make it easier for Canadians to buy their first home. While I’m on the record on saying young Canadians shouldn’t be in a hurry to buy a…
Read MoreBest Crypto Platforms and Apps in Canada 2022
Although investing in cryptocurrency gets more mainstream every day and can be a legitimate way to grow (some of) your money, it still comes with inherent risks. That’s why it’s essential to pick a safe, regulated, low-fee crypto trading platform that you can trust. With so many crypto apps and exchanges to choose from, it…
Read MoreBest Renewable Energy Stocks in Canada
With all of the attention on Canadian energy stocks due to the recent run up in oil prices, many experts are arguing that now is the time to look into Canadian renewable or “green energy” stocks. If you are a longtime MDJ reader, you’ll notice a few crossover companies from our best Canadian dividend stocks…
Read MoreWealthsimple Review (2022 Update)
* A Wealthsimple Promo Offer Coupon for You Wealthsimple has provided me with a promotion code for our readers – providing a $50 cash bonus on a $500 min. deposit. This means you don’t pay any management fees for 12 full months as you test the platform out! Try this top Canadian robo advisor. To…
Read MoreInvesting In Gold In Canada
As one might expect in a market pullback (and geopolitical crisis) we’re getting many requests about how to invest in gold in Canada, as well as how to invest in commodities (which we covered not so long ago). The awkward truth is that while this should be gold’s time to shine (see what I did…
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