How to Invest in a Recession In 2020
When people figure out that the stock market is crashing, their first instinct is to take out their money and hide. Well if you’re 80+ years old and if you need the money NOW, then maybe that’s what you should do. But if you are reading this blog you are...
Comparing the 2 Best Platforms to Invest your Money
In my last article, “The Best Way to Invest your Money for Recent Grads” you learnt that online brokerage platforms are one of the most affordable and effective ways to invest your own money as a recent graduate. However, there are hundreds of different online...
The Best Way to Invest Your Money for Recent Grads
Investing can be complicated and intimidating especially if you’ve never invested before! One of the first obstacles preventing you from investing is determining the BEST way to invest your money. In this article, I will help you decide where you should invest your...
How to Effectively use a Savings Account
For my whole life, I’ve never had much savings. Although I had part-time jobs, all my money went to paying my university tuition or living expenses. In September 2019, when I started my full-time job, for the first time, I actually had some extra money in my bank...
The Best Investments for Recent Grads
Everyone keeps telling you to invest, but what should you actually invest in? Investing can be very overwhelming as there are thousands of options to choose from! Its total INFORMATION OVERLOAD! That’s why in this article I will share the best investments for...
How Recent Grads Should Use an RRSP
As a recent grad, saving for retirement is probably the last thing on your to-do-list. I mean, retirement is in like 30/40 years you got lots of time to save for retirement… Right? Life Expectancy in Canada Well 50 years ago, the life expectancy was 70 years...
How to Use a TFSA
Tax is one of the main reasons preventing you from being financially independent. If you’ve taken a look at your paycheque, you know that taxes takes a huge cut from your pay and it can even take up to 52% of your annual income! However, the Tax Free Saving Account...
How to Invest to Make Money
Everyone keeps saying you should INVEST, but why? How does investing actually make you money? In this article I will explain how to invest to make money by investing in stocks. There are two main ways you can make money by investing in the stock market: (1) Capital...
Should I Invest my money?
There are two perceptions when people ask the question: “Should I Invest my money?”. The first is, “YES of course, the sooner the better!” The second is, “NO the stock market is going to crash don’t do it!” Both perceptions hold some truth, and in this article...
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