5 Areas the Super Wealthy Invest Their Money In
When it comes to investing, it would appear that the super wealthy have it all figured out. The question is, what are they doing, and how can we mimic it? There are five key things that the super wealthy invest their money in that you could implement on a smaller...
DRIP Investing Part 1: What is Dividend Reinvestment?
It seems like most things are automated nowadays. Our Hydro is automatically paid. Our car insurance can be pulled directly from our accounts. Even our paychecks are directly deposited into our banks rather than having a physical check you have to take into the bank....
How to Prepare for Retirement During a Pandemic
Retirement planning is hard at the best of times, and so is preparing for anything during a pandemic. So retirement planning during a global pandemic can feel impossible. The volatility of many stocks and markets can make many retirees or those close to retirement...
Portfolio Rebalancing: Here’s How to Do It Right
Balance is an essential part of a healthy life. If we lose balance in our diet, it leads to health problems. When we lose balance in our financial portfolio, it can mean unhealthy finances and unnecessary stress. Rebalancing your portfolio is a great way to bring...
TFSA Contributions in 2021
As we near the end of 2020, we can feel a collective sigh of relief — this has been an intense year. However, things aren't over yet, and it's vital to start looking at your finances and goals for the coming year. The Canadian Revenue Agency (CRA) has announced a...
Is Mortgage Investing Right for Me?
Real estate has always been a potential investment avenue. As alternative investments grow in popularity, more and more investors are looking to the real estate market as a potential investment opportunity source. Investing in real estate isn’t for everyone. The...
Educating Yourself Before Investing
We do very few things in life that don't require a bit of education; breathing is one that springs to mind. Most other things need some knowledge first, and real estate investing is no exception. Traditional investing methods have a lot of information available...
How to Perform Due Diligence When Investing
Due diligence is not something that only brokers and portfolio or fund managers are responsible for, though the term may have started out that way. Now, the phrase describes any level of checking that an investor does before buying a stock, a company, or any other...
What’s On Your Retirement Checklist?
When it comes to any kind of planning, having a checklist is always helpful to keep you organized and on track. So as you begin to plan for retirement, it’s essential you create your own retirement checklist. Retirement planning can be daunting, so if you’re...
5 Questions to Ask Before Hiring an Investment Manager
Investors are continually looking for ways to diversify their portfolio further and grow their investments. Real Estate has long been a standard method to gain capital through investment. However, in the past, this meant substantial investment commitments to single...