Wealthsimple provides auser-friendly trading experience through itsmobile app.Designed for simplicity and functionality, the app allows investors to execute trades seamlessly from their mobile devices. The convenience of mobile access enhances the overall user experience, making it easy for both novice an...
Wealthsimple Invest’s app is streamlined and easy to use. It allows you to monitor your investments, fund your account, and contact the financial advising team easily. Wealthsimple’s user experience has been at the heart of their company since day 1, and they have invested a ton of time ...
To make the best choice in the Wealthsimple vs Questrade battle for investment dollars, it’s important to understand the differences between the different types of platforms that allow Canadians to invest their money.Robo Advisors: NOT ROBOTS – but a way to automate your way to a healthy ...
An RRSP is what’s called a tax-advantaged account, which is something the government created specifically to provide tax breaks to anyone who takes the time to use them. The money you put in your RRSP is not taxed. At least not right now. That’s the advantage. So your taxes for th...
Can I use income splitting with my child? Is a spousal RRSP the same as income splitting? Is there income splitting for Canadian dividends? What are the benefits of income splitting? Are there cons or drawbacks to income splitting? What is the Canada Tax on Split Income (TOSI)? Conclusion...
Is This the Year to Try Wealthsimple Tax? (Um, Probably. Yes) It might seem like this is a crazy year to start doing your own taxes. But, for most people, it’s actually the perfect time. To illustrate how easy-breezy it is, we made this quick guide to using Wealthsimple Tax. ...
Examples of robo-advisors are Betterment, Blooom, E* Trade, Fidelity, SoFi, Vanguard, Wealthfront, and Wealthsimple. Robo-advisors provide financial advice to users, so they must be registered investment advisors with the Securities and Exchange Commission (SEC). The SEC is the regulatory body of...
His goal is to both help boost Canadians’ confidence in their ability to file their own taxes all the while building up his professional portfolio and showcasing his developer skills. But he does suggest one tax filing software to users if they’re interested: Wealthsimple Tax, ...
That means it manages your investments for you, whereas with Stash, you build your portfolio based on Stash’s recommendations6. Wealthsimple offers benefits like tax-loss harvesting — which helps you reduce the tax consequences of investing — and the ability to talk with financial experts about...
Fintech regulation isundergoing major changes, so companies need to stay up-to-date. The expansion of technologies like embedded finance has led federal regulators to take a stronger stance on fintech-bank partnerships, releasing aset of guidelines. In addition, the CFPB is seeking tosupervise Big...