Best Bank Account for Seniors in Canada

Seniors Bank Account

So, you’ve endured 60 years of ups and downs, booms and busts, triumphs and challenges, now it’s time to kick up your feet, relax, and enjoy your retirement. You want a simple bank account to handle your day-to-day banking, but there are so many choices out there. Which should you choose? Which is the best…

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Investing in Commodities in Canada 2023

commodity investing canada

If you have been like many investors and sticking with an easy, passive all-in-one ETF, but looking to try out something a bit more active, investing in commodities in Canada could be just the thing to scratch that itch. Commodities are consumer products such as energy, metals and agriculture tend to fare particularly well in…

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Best Penny Stocks Canada 2023

canadian penny stocks

When you hear the words “penny stocks”, it’s likely that the image in your mind isn’t a pleasant one. However, penny stocks still draw the attention of many new investors. In the age of apps like Robinhood, penny stocks make it easy for people to access the stock market game due to their low price.…

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Spousal RRSPs in Canada

spousal rrsp canada

You likely already know that investing in an RRSP is one of the best, most tax efficient ways to save for retirement. The good news is that if you or your common-law partner or spouse have unequal incomes, you can open and contribute to a spousal RRSP account.  In doing so, you can maximize the…

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High Net Worth Investing In Canada 2023

high net worth investing

A High Net Worth Individual (HNWI) is a specific label that financial institutions use to refer to people or households that hold above a certain threshold of liquid assets (funds that can be immediately converted to cash), minus their liabilities. The threshold for being classified as a HNWI is typically $1 Million dollars net liquid…

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Quick Tip: Questrade Currency Settlement

Questrade Currency

I’ve made a lot of mistakes along my personal finance journey. Let me tell you about one of these mistakes. Rhymes with “nasal” The year is 2010, I was fresh out of university and was embarking on this thing called a career. I needed to figure out what to do with pay cheques showing up…

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