Archive for May 2022
Free Stock Trading in Canada
In recent years, millions of people around the world have taken stock trading into their own hands thanks to the rise of online trading. Free stock trading in Canada has made it possible for many new investors to not only enter the market, but to also manage their own portfolios with relative ease. Trading apps…
Read MoreQtrade Review 2022 – Canada’s Best Broker
What Is Qtrade Direct Investing? Is it Legit? Qtrade Direct Investing is part of Aviso Wealth, a national financial services company owned by the Credit Union Centrals, CUMIS and Desjardins. Aviso manages close to $90 billion in assets, and has major operations in Vancouver and Toronto, with regional offices across Canada. By again grabbing the…
Read MoreDogs of the TSX Dividend Stock Picks (2022 Update)
Over the past number of years, I’ve been writing about the investing strategy known as Dogs of the TSX (taken from “Dogs of the Dow” in the USA) – also known as the Beating the TSX Dividend Stock Strategy (BTTSX). (Click here to skip directly to my 2022 picks) The concept behind this strategy is…
Read MoreVEQT ETF 2022 Review
Since our Best All in One ETFs and Best ETFs in Canada articles are two of our most popular, we decided to take a deeper look at the ETF that we most often recommend, by doing an in-depth VEQT ETF Review. VanguarD VEQT ETF The Vanguard All Equity ETF Portfolio is one of the best…
Read MoreBest Canadian Online Brokers 2022
The 2022 Best Canadian Online Brokerage Rankings are re-analyzed and updated monthly by our editorial team in order to guarantee the freshest information on broker fees, promo offers, and platform updates. Finding the best online broker to DIY invest with has been a main focus of MDJ since I started the site back in 2006. I’ve…
Read MoreNeo Financial Credit Card Review
The new Neo Financial Mastercard or “Neo Card” is the next big thing in Canadian credit cards. We’ve seen tech companies disrupt everything from vehicles to space travel and investing. Now the new Neo credit card is coming for the old market standbys. Three massive advantages for the Neo Card immediately stand out to me: 1)…
Read MoreInvesting in Canadian Bank Stocks 2022
Investing in Canadian bank stocks for 2022 is quickly becoming a dominant theme across our MDJ virtual writers room – and indeed, many of the evidence-based Canadian dividend writers that we follow. The results for the 2022 first quarter are in and can be summed up as: Another “boringly profitable” quarter for our favourite Canadian…
Read MoreInvesting in Canadian Airline Stocks 2022
Now that travel has opened up again, many MDJ readers have been asking us if now is the time to invest in Canadian Airline stocks. Truthfully, we might be the wrong folks to ask about this one. If you take a look at our best Canadian dividend stocks and/or Canadian Dividend Kings articles, you won’t…
Read MoreBest Canadian Chequing Account 2022
Most of us have memories of our parents or grandparents whipping out their chequebooks at the store or at the kitchen table when it was time to pay bills. While we may not need to spend hours a month writing out cheques and balancing our chequebooks, we still need quick access to cash for daily…
Read MoreCanada’s Best Energy Dividend Stocks 2022
In August of 2020 we asked if Canada’s energy dividends were in trouble? Of course that was before energy prices and energy stocks were dominating the headlines. At the time Canadian oil prices were about $30 a barrel and energy dividends were under a lot of pressure due to collapsed earnings. Today, that price has…
Read MoreBest Day Trading Platform In Canada 2022
When it comes to Canadian online brokers or trading platforms for active Canadian day traders it’s important to look at the “elite tier pricing” offers that each brokerage offers as opposed to the normal mainstream pricing. Depending on the trading platform, you are usually considered a day trader if you make more than 150 trades…
Read MoreMoka App Review (Formerly Mylo) 202
What Is The Moka App? Are you looking for an easy way to save money or build an emergency fund? If you have trouble building your savings each month, Moka (formerly Mylo) can help you get started. Moka is a well-designed app that lets you begin budgeting and investing without much effort. The team at…
Read MoreWhat To Do When the Stock Market Crashes
We’re getting a lot of semi-predictable questions via email and article comments that ask some version of: “Is the stock market crashing and what should I do after stocks or bonds crash?” Read a book. Watch a new TV series. Spend time with your family. Just don’t panic. Sure, if you’ve got a really strong…
Read MoreCredit Karma Canada Review
What Is Credit Karma? When a company offers free credit score reporting, people are understandably wary. Is it legit? Is it safe? Why would you trust a random website to tell you your credit score? Our Credit Karma review is here to answer all these questions and more. Credit Karma is a free personal finance…
Read MoreTop 6 Indexing Options for Your Portfolio
If you’ve started your research on investing, but still aren’t quite sure how or where to get started, you are not alone. Plenty of almost-investors get stuck at the starting line for reasons like not feeling educated enough, feeling like they don’t have enough money to start investing, or simply feeling unclear on which type…
Read MoreQtrade vs Wealthsimple: Battle for Canadian Investment Accounts
If you’ve been searching for the best rated discount brokerages in Canada, it’s likely that the Wealthsimple vs. Qtrade debate has popped up on your radar quite a few times. They are both good options for DIY investors looking for an easy to use and low-cost way to invest, but they definitely have some major…
Read MoreBest Finance and Investing Books
Whenever readers ask me for finance book recommendations, my mental response is always “how much time do you have?” A list of the best personal finance books of all time would take hours to go through, even if you limit it to financial books written specifically for Canadians. That’s why I’ve put together this list…
Read MoreHow to Build a Dividend Growth Portfolio
If you’ve been following MDJ for a while, you will come to learn that I’m a fan of two investing strategies, index investing (buying the broad market with low fee ETFs/mutual funds) and income producing dividend growth investing. I like index investing for its ease, low cost, and ability to beat most active mutual fund…
Read MoreBest Utility Stocks in Canada 2022
There is a reason why so many of Canada’s best utility stocks are also on our overall list of best dividend stocks in Canada: They are natural oligopolies/monopolies, meaning that can pass along increasing costs almost instantly, and have really solid yields for income-seeking investors. This combination makes them a natural fit for Canadian investors…
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