Posts by Kyle Prevost
BMO 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…
Read MoreCI Direct Investing Review 2020 (Formerly WealthBar) – The Robo Advisor for Canadian Expats
With CI Financial recently purchasing WealthBar and rebranding to CI Direct Investing, we thought it was the perfect time to write an updated CI Direct Investing review for 2020. What is CI Direct Investing and Is It a Robo Advisor? CI Direct Investing is a combination of an automated investing platform and a personal financial…
Read MoreMy Canadian Expat Taxes, Budget, and Savings Rate In Qatar
Can I really go work in Qatar and not pay Canadian income taxes as an expat? This was one of my first thoughts when I started looking into teaching abroad. I mean, when you make a decision to move to the desert, adventure has to be the primary consideration, but let’s be honest here: If…
Read MoreTransferring Money Back From Qatar and Using Currency Exchange as an Expat
The average expat looking to transfer money from Qatar to Canada, the UK, the Euro zone, New Zealand, or Australia is likely paying a voluntary tax of $1,000 every single year! When I first started researching the options in Qatar for exchanging currency online or in-person, I was stunned by how few people even understood…
Read MoreGet Maple Telehealth Review: Online Prescriptions in Canada
I hate hospital rooms! My anxiety increases with every cough and sniffle, plus I hate the fact that I always have to show up 15 minutes early – only to wait an hour in order to get in. So when I sat down to write our Maple review (also known as “Get Maple”), I was…
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