DIY investing

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 wondering how is cryptocurrency taxed in Canada? With the explosion of Bitcoin, Ethereum, and whatever other cryptocurrencies that currently exist…

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Norberts gambit

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

Have you ever heard of Norbert’s Gambit? It’s the cheapest way to convert CAD to USD and vice versa. The trick is incredibly handy for people who need to exchange huge amounts of US dollars. For example, you might want to start investing in US listed stocks or you may be purchasing a home in…

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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 and you may want to do it for a variety of reasons. Some people may prefer to have all their finances with a single bank while others are likely tired of fees or lack of returns from their…

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Switching to Questrade

Switching to Questrade, is it worth it?

Every January and February, Questrade blasts its ads everywhere. You’ve probably heard them on the radio or seen them on television. To be honest, the ads are quite effective since they always show how people are getting ahead by lowering their fees. Some of the scenarios may be over the top, but there’s no denying…

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Rogers ESAP

Rogers Employee Share Accumulation Plan (ESAP) Explained

The Rogers Employee Share Accumulation Plan (ESAP) is easily one of the best benefits available if you work for Rogers. Not only does Rogers match you a generous amount, but the Rogers ESAP is also available to just about every employee, so it can be highly lucrative regardless of your position. I personally gained tens…

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Hardbacon Review

Hardbacon Review

Finance and budgeting apps are nothing new for Canadians, however, there is one Canadian fintech company that is quickly making headway with the versatility of their app. Hardbacon has been available since 2018. Their mission is to help Canadians make better financial decisions and to become wealthier day after day. Every app has a similar…

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Crypto.com Visa Card Review red

Crypto.com Visa Card Review

One of the world’s largest cryptocurrency websites, Crypto.com has just made its Visa card available to Canadians. While this product may be new to Canada, it debuted in Singapore in 2018. The following year it launched in the United States before being made to Europeans in 2020. Admittedly, I don’t know much about cryptocurrency. I…

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Millionaire teacher book review

The Millionaire Teacher Review

The Millionaire Teacher is back! Okay, he technically didn’t go anywhere, but author Andrew Hallam has just released the second edition of his book The Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School. Let’s be clear, if you’re looking to learn about personal finance and investing, this is a must-buy…

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What is Socially Responsible Investing?

**This is a sponsored post written by me on behalf of RE Royalties. All opinions are my own. Do you consider yourself to be socially responsible? Is sustainability important to you? What about the environment? Do you try to reduce waste, support ethical businesses, and prevent climate change? Chances are that you answered yes to…

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What are ETFs and why are They so Popular?

Exchange-traded funds (ETFs) have seen their popularity explode in recent years. In fact, there are now more than $6 trillion dollars invested in the global ETF industry. Investors around the world are flooding the ETF industry with money. Clearly, something special is happening here. Full disclosure, I started investing in ETFs a few years ago…

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