Investing in Commodities in Canada

commodity investing canada

So you’re ready to make the leap from a passive all-in-one ETF and speculate a bit by looking into investing in Canadian commodities? You’ve diversified across asset classes, market sectors, and beyond national borders. Maybe you even have a portion of your investments allocated to stocks in individual companies.  Where else can you diversify into? …

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Best Low Risk Investments in Canada Right Now

investment growth graph

In a perfect world, we’d all find the best low risk investment opportunities, and then watch our investments grow and grow unabated without dropping a single cent. We’d all sleep soundly at night knowing our hard earned money is safe and secure.  The truth is that we’re all searching for safe investments with high returns. …

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Best Youth Bank Accounts in Canada

Whole Life Insurance For My Children

Determining the best youth bank account in Canada is serious business! Afterall, what’s a parent’s job but to create the conditions for a fulfilling life for his or her progeny?  To do that job well and help their children survive and thrive in the world, parents must pass on critical life skills. Money management is…

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Spousal RRSP, What is it? How does it work?

spousal rrsp

Marriage, in many ways, represents a union of two people as a single unit. But under the Canadian tax system, those two people are still treated as individuals. Each individual is taxed progressively based on his or her own income. The higher income earner pays a higher tax rate than the lower income earner. This…

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Best Student Bank Account in Canada

Student Bank Account

You’re rushing to your 8am lecture with a hastily toasted bagel dangling from your teeth. Your half combed mane flaps through the air as you sprint across campus. You have two assignment deadlines and a few impending midterms on your mind, there is no time to think about your finances. You have tuition to pay,…

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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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Canadian Stock Market vs U.S. Stock Market

Canadian Vs Us Stock Market Graph

We Canadians might like to argue with our U.S. neighbours about who makes better beer or who plays better hockey but ultimately, we recognize that we are very similar to our American friends. Both Canada and the U.S. are wealthy developed countries with stable governments, trustworthy financial systems, and reliable civil infrastructure. That is, we…

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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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