7. Use public transportNow might be a good time to stop Ubering your potential savings away and start taking public transport. Better still walk or cycle. All those $10 trips add up to a lot over the course of a month and even more over a year, not to mention the costs involved in...
At Wealthsimple we’re big fans of the 5% rule. This states that proper diversification means no one investment or sector should account for any more than 5% of an entire investment portfolio. This is how you achieve the cardinal key to investing peace-of-mind:diversification. Ready to dive ...
Step #1: Research and decide on a method to use to buy and pay:Buyers can decide tobuy cryptocurrencyon peer-to-peer exchanges like LocalBitcoins.com and LocalCryptos that allow them to buy directly from fellow local Canadians with locally available payment methods like Cash, local banks, and...
This is generally borrowing to purchase an appreciating asset that pays you (like investment properties and/or equities). This has the double benefit of appreciation over time, and a tax deduction on the interest paid. Note though, borrowing to invest (leveraging) requires high-risk tolerance and...
These listed ETFs can be easily bought and sold using online brokerages likeQtrade,Questrade, orWealthsimple Trade. Visit Qtrade & Get $100 Free+ $2,000 Cashback Three Commodity ETFs From The New York Stock Exchange and Nasdaq If you want more worldwide exposure to commodities, you can find...
How much does it cost to buy stocks in Canada? The cost to buy stocks depends on which trading platform you’re using, with trading commissions often ranging from $0 to $9.99. Some online brokerages like Wealthsimple charge no fees or commissions to trade stocks, and some require a minimum...
WealthSimple vs Wealthfront in 2024-2025 Compared: Which is Best? How to Sign Up for Uber Driving: Apply for Uber Driver in 2024-2025 How to Use Fetch App: How Does Fetch Rewards App Work? Reviewed and edited by Albert Fang. See a typo or want to suggest an edit/revision to th...
There are two key fees you need to consider when investing in US stocks from Canada: Trade commissions.This is a fee charged every time you place a buy or sell order. Some platforms like Wealthsimple have no commissions. Foreign exchange (FX) fees.The FX fee is the cost the provider char...
Tax status Income Assets 2. Setting Your Portfolio Asset Allocation That jargon may sound intimidating. But don’t worry. Betterment does a nice job of walking you through its pre-built options for your investment strategy. Once you choose one, you’ll have the opportunity to adjust the “all...
Meanwhile,Circlebills itself as “a new kind of global financial services company,” allowing individuals, institutions, and entrepreneurs to use, trade, invest, and raise capital with open crypto technologies. The company’s Poloniex exchange lets users trade more than 60 cryptoassets, while Circle...