DIY investing – Money We Have

DIY Investing: All-in-one ETFs

With thousands of exchange-traded funds (ETFs) and index funds available in the market, it can be dizzying trying to determine which are the most suitable for your investor type. No one can predict which industries…

DIY Investing: What type of investor are you?

It takes courage to become a DIY investor. Kudos to you for choosing this path. But before you start buying stocks, it’s important to understand your investor personality type. We’ll take you through the various…

DIY Investing: Is it right for you?

Whether you’re a novice or an experienced investor, you hope that you can reach your financial goals by investing in the stock market. Perhaps, along the way, you’ve wondered whether you have what it takes…

How to invest in index funds?

Do you want to know how to invest in index funds? It doesn’t matter if you’re a new investor or approaching retirement, index investing is a strategy that works for anyone. Even Warren Buffett recommends…

How to Transfer Your RRSP to Another Financial Institution

Have you ever wondered how to transfer your RRSP to another financial institution? It’s a legit question if you’re considering a change. Some people may prefer to have all their finances with a single bank, while…

Norbert’s Gambit: A detailed step-by-step guide

Have you ever heard of Norbert’s Gambit? This trick was first made popular by Norbert Schlenker as a way to convert CAD to USD and vice versa while minimizing currency exchange fees. The trick is incredibly…

What is an NFT? Guide to NFTs and How They Work

What is an NFT? If you are following anything in the finance world these days, there is no doubt you have heard about NFTs or non-fungible tokens. Stories about things like digital monkeys and rocks…

What is a Management Expense Ratio (MER)?

Have you ever wondered what is a management expense ratio (MER)? It’s a fee that investors have to pay for many products such as mutual funds and exchange-traded funds (ETFs). Some people don’t even realize this fee…

How is Cryptocurrency Taxed in Canada?

**Note, I am not an accountant, nor am I an expert on cryptocurrencies. You should seek the advice of an accountant with experience in cryptocurrencies if you have any serious questions or concerns. Are you…

What is Cryptocurrency? How it works

Have you wondered what is cryptocurrency? While cryptocurrency seems like a new, payment method for many of us, the concept of cryptocurrency actually dates back to the late 1980s. However, it wasn’t until October 2008…