Posts by Kyle Prevost
Insurance and Wills for Canadian Expats
When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up as “the most common mistake amongst expats” was insurance. As the least sexy topic in a field of study not known for being particularly sexy, insurance has long been the forgotten dance…
Read MoreShould You Bet Your House on Blackberry?
January 25th – 29th, 2021 is the week the stock market embraced full insanity – PhD theses will eventually be written about what just occurred in the stock market this week. One day smart people will be able to explain to what degree various factors contributed to the illogically hilarious/fun/dangerous ride that stocks such as Gamestop (GME), Blackberry (BB), NOKIA (NOK), and AMC (AMC) took us on over the past few days
Read MoreThe Best ETFs for Canadian Expats Around the World
When my wife and I decided to move to Qatar, I wanted to check and make sure that my index investing strategies could still be carried out through my discount brokerage account, and what sort of expat-specific considerations there might be. After checking with my usual sources (all things Andrew Hallam, Dan Bortolotti, and Jonathan…
Read MoreScotiabank Review: Elite Chequing, Banking, and Credit Card Package
The ease of using Canada’s most international big bank is unparalleled. It has all the brick-and-mortar corner location convenience, coupled with an excellent online platform. You can easily shuffle money between chequing and savings accounts – and the Free premium credit card – two of Canada’s top options – what puts this package over the…
Read MoreBMO adviceDirect Review: Investing Advice for a Low Fee
The jump from traditional investing using mutual fund + full service advisor model, to all-on-your-own DIY investing using a discount broker can be a big jump for a lot of Canadians. Our BMO adviceDirect Review breaks down if this unique service is right for you. The idea is to allow investors to get advice directly,…
Read MoreYour Canadian Expat Investing Toolbox: DIY Discount Brokerages and Robo Advisors
Once you have taken a hard look in the mirror and decided what your target asset allocation should be (with some help if you need it), it’s time to look at just how you should go about actually getting money from your paycheque into an indexed investment. An index fund is a general term that…
Read MoreReal Estate Investing vs Index Investing for Canadian Expats
In talking to dozens of Canadian expats over the last year, I’ve found four money truths that consistently emerge. Earning a low-tax or a tax-free salary is a lot of fun. People who earn low-tax salaries work with other people who earn low-tax salaries. “Other people” who earn low-tax salaries tend to spend a lot…
Read MorePC Money Account Review – Loblaws Resurrects a New PC Financial No Fee Account
Note: We’ll be updating our PC Money Account Review as the details get fleshed out and the introduction promo offer codes get created. For many years, the options for no-fee chequing accounts in Canada were limited to two competitors: PC Financial and ING/Tangerine. When Loblaws decided they didn’t want to worry about daily banking accounts…
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