Archive for December 2024
Questrade Review 2025
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! When it comes to online trading, safety…
Read MoreMarket Predictions for 2025
I get a kick out of how every year the same news sources trot the same big names to make predictions about what the world’s various stocks, bond, and commodity markets will do. These predictions rarely come true – but no one appears to care, and then we repeat the cycle in the hopes that…
Read MoreQtrade Review 2025 – 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 $120 billion in assets, and has major operations in Vancouver and Toronto, with regional offices across Canada. Qtrade Direct Investing has…
Read MoreBest Canadian Online Brokers – January 2025
As 2024 fades into the rearview, it’s time to update best online brokerages in Canada comparison for 2025. As we enter the 2025 “RRSP season,” there has never been a better time to get started with DIY investing. Back in 2006, one of my first ever posts that I wrote for this site was a…
Read MoreBest Options Trading in Canada 2025
Options are one of the best ways to capitalize on market trends and enhance profitability – if you get your prediction right. While buying options has a limited downside on a per contract basis, it is also one of the “best” ways to lose your money in the market – or as WSJ put it…
Read MoreAlterna Bank Review
What is Alterna Bank? Alterna Bank is a wholly-owned subsidiary of the credit union Alterna Savings, based in Ontario. Alterna Bank has brick-and-mortar locations within Ontario that can provide in-person services, but they also have online-only accounts. In this review, we will be focusing on Alterna Bank’s eAccounts, which are its no/low-fee online products. Alterna…
Read MoreCheap International Money Transfer (Cheaper than Wise*)
The cost of transferring money internationally to a bank account abroad – or just exchanging one currency for another – is likely to be higher than you think. The true cost of an international transfer from Canada can be shockingly high for those who don’t understand how those type of fees are structured (as the…
Read MoreEQ Bank Review 2025
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 1.75%* (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…
Read MoreWhy I Don’t Invest in Chinese Stocks
Technically, l I guess that I can’t say that I don’t invest in Chinese stocks at all, since I advocate for using Canadian all-in-one ETFs, and have ETFs such as VXC on my best Canadian ETFs list. That said, I would never advocate for investing directly in Chinese stocks. I didn’t like the idea when…
Read MoreBest Tech Stocks in Canada For 2025
While Canadian technology stocks have seen impressive growth over the last decade – particularly during the pandemic—they remain a relatively small slice of the Toronto Stock Exchange. We have a lot of great Canadian dividend stocks, Canadian bank stocks, Canadian energy stocks, Canadian utility stocks, etc. But tech stocks account for just 8-9% of our…
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