Creating an investment portfolio is one of the first steps towards growing your money. However, it is not easy to filter out all of the noise and get real advice. For most of us, investing money isn’t a full time...

Net worth is one of the best indicators of how financially strong you are. Your net worth is essentially everything you have (eg. cash, investments, home equity) minus everything you owe (eg. student loan, car loan, credit card bills, mortgage)....

Do you hate paying foreign exchange fees? So do we! Luckily, there’s a way for you to convert between US dollars and Canadian dollars, or vice-versa, without paying a foreign exchange fee. This tried and tested currency conversion strategy is...

Congratulations on looking into ETF’s and index funds. Understanding these key tools are one of the most important steps on your investing journey. What’s the difference between an index fund and an ETF? What are the pros and cons of...

A successful stock market is critical for companies seeking investment dollars to grow their operations, and equally critical for consumers to be able to invest their money and grow their wealth. We’re going to take a look at what the...

“You should get some dividend stocks!” “I live off the dividends from my portfolio.” “The latest stock I bought pays an amazing dividend.” We hear these types of comments from our subscribers all the time, and we want to explain...

What is a TFSA? A Tax-Free Savings Account (TFSA) is an investment account that allows for all of the money you make with it to be tax-free. The mighty Tax-Free Savings Account in Canada is one of the most powerful...

The COVID-19 pandemic has caused most economies to grind to a halt.  To combat this, governments and central banks around the world have released massive monetary stimulus packages to help stabilize the economy.  The scale of this stimulus is unprecedented....

Inflation destroys wealth.  When inflation happens, the amount of things you can buy with your money decreases. But why does this happen? What is inflation? Is it necessary for a functioning economy? Let’s find out! What is Inflation? At its...

Money in the modern economy has become a complex topic that few people understand. We’re going to take a look at how our monetary system evolved from the gold standard to the fiat currency system in operation today (where governments...