Robo advisors

CI Direct Investing Review (formerly WealthBar)

When it comes to affordable investing, robo advisors just might be the way to go. They offer an easy, low-cost option for investors of all levels of experience. WealthBar formally rebranded as CI Direct Investing on August 5, 2020. CI Direct Investing is part of CI Financial, one of the country’s largest investment companies. Under…

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Wealthsimple review

Wealthsimple Review | Best robo advisors in Canada

Are you looking for an easy way to invest but not sure where to begin? Do you want a method that will save you time, stress, and even money? Then maybe it’s time that you considered a robo advisor.Despite the name, it’s important to note that robo advisors are not robots. The process is automated…

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Tangerine Investment Funds Review

Tangerine Investment Funds Review

Tangerine Bank is known for having one of the best high interest savings accounts in Canada, but they also offer Tangerine index funds. This product is an easy way to get you investing while minimizing the fees you’ll pay. Admittedly, Tangerine investment funds are more expensive compared to robo advisors or ETFs, but I still…

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Justwealth review

Justwealth Review | Get up to $500 free

Curious about investing but not sure where to start? How about with a robo advisor? Robo advisors are becoming a popular way to invest in Canada thanks to how simple and easy they make the application process. While the simplicity makes robo advisors ideal for beginners, the reliable strategy they use makes them ideal for…

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How to Transfer Your RRSP to Another Financial Institution

Now that the RRSP season is officially over, although technically there is no RRSP season, I want to focus on a subject that many people wonder about. How to transfer your RRSP to another financial institution. At first glance, making the switch may appear difficult, but it’s a surprisingly easy process. Generally speaking, all you…

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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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RBC InvestEase Review

**This post is sponsored by RBC InvestEase Inc. All views and opinions expressed represent my own and are based on my own research of the subject matter Are you looking into robo advisors and investing but don’t know where to start? Although robo advisors are becoming more and more popular across Canada, some people still…

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Compound Interest Definition and Explanation

Compound Interest Definition and Explanation

Compound interest is a common term you hear when it comes to investing. But, what exactly is compound interest, how does it work, and how can you best take advantage of it? I’m sharing what you need to know in this compound interest explanation. Compound interest definition So, what is compound interest? Compound interest is…

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management expense ratio

Understanding Your Management Expense Ratio (MER)

One of the most commonly talked about topics in the personal finance world is fees. Most people realize that you’re going to pay a fee since you’re getting a service, but you may be shocked to find out how much you’re paying in fees. Eliminating small daily fees are great for improving our cash flow,…

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Questrade Portfolios review

Questwealth Portfolios Review | Best Robo Advisors in Canada

Are you considering using a robo advisor for your investments? Don’t worry, you’re not alone. Robo advisors are becoming more and more popular as an investment option for Canadians who are looking for an easier and more laid back approach to their investments. With low management fees, trustworthy experts behind the companies, and a strong…

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