Archive for October 2024
Nest Wealth Review 2024
What is Nest Wealth? In late January 2024, the digital finance company Nest Wealth was acquired by Objectway of Italy. Not much seems to have changed with this new acquisition. Nest Wealth was founded in 2014 with the goal of providing “digital wealth solutions for everyone.” In the case of Nest Wealth, “everyone” includes not…
Read MoreBest Canadian Dividend Stocks – November 2024
With summer firmly in the rearview mirror, and the first signs of winter beginning to creep in, it’s time to update our look at the best Canadian Dividend Stocks for November 2024. Each month I take a look at the stocks that I highlighted at the beginning of the year, and I focus on the…
Read MoreCanadian Financial Summit 2024
It’s that time of the year… the leaves are falling, pumpkin spice lattes are brewing, and for MDJ’s Kyle Prevost – it’s back to the Canadian Financial Summit. Kyle asked me to write something this week as he’s pretty busy putting the final touches on the Summit’s interviews, emails, etc. Click here for free registration…
Read MoreModernAdvisor Review 2024
What is ModernAdvisor? ModernAdvisor was founded in 2013 by Navid Boostani (the CEO and a Certified Financial Analyst) and Adrian Brouwers. ModernAdvisor focuses on robo-advising, with 2 model portfolios for passive ETF investing, but they have also introduced a hybrid portfolio with passive and active management, as well as an actively managed portfolio. In addition,…
Read More13 Top Tax Breaks for Seniors in Canada
There are a ton of tax breaks for seniors in Canada compared to other age groups. It’s almost like our tax code tells us the story of who votes most consistently in our elections! The tax credits and tax breaks for retirees who are no longer earning their full-time income are an excellent way to…
Read MoreRBC InvestEase Review 2024
What is RBC InvestEase? Some people prefer to stick with the familiar and trusted, especially when it comes to choosing a robo advisor – and if this sounds like you, RBC InvestEase could be a good fit. Offered by one of Canada’s most well-known banks, RBC InvestEase offers clients the ability to dip their toes…
Read MoreDogs of the TSX Dividend Stock Picks
I’ve been writing about the “Dogs of the TSX” Canadian investing strategy for about twelve years now. I can’t claim that I was the creator of the idea though. In fact, no Canadian can really lay claim to the “Dogs’” principles. The Dogs of the TSX can trace its roots back to the “Dogs of…
Read MoreThe Best Investments for Canadian Retirees: Stocks vs ETFs vs Robo Advisors
When discussing the best investments for Canadian retirees it’s important to understand upfront that it’s a nuanced topic. There is no one-size-fits-all silver bullet answer that will fit everyone. I personally recommend checking out this retirement course that I gave feedback to the author on (Kyle writes here at MDJ as well). I also recommend…
Read MoreCanadian Dividend Kings & Aristocrats – October 2024
Investing in Canadian Dividend Kings (sometimes known as Dividend Aristocrats) tends to come back into fashion when bond yields and GIC rates start to go down. With safer assets generating so little income, dependable dividend payers begin to look more and more attractive. Of course, staying committed to dividends can be a challenge when stocks…
Read MoreQuestrade Review 2024
Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through a Questrade online brokerage account safe? Is Questrade as safe as RBC, TD, CIBC, ScotiaBank, and BMO? – MDJ reader The answer: Yes! Here’s the deal. Off the top Questrade is…
Read MoreEQ Bank Review 2024
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 2.25%* (Plus 1.75% if you direct deposit your pay) People who want the highest consistent interest rate in Canada + free e-transfers + super cheap international money conversion + FREE BANKING + USD Accounts for Canadians EQ GICs…
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