Previously, I’ve written about passive index investing thought TD e-Series, Tangerine Investment Funds, and Robo Advisors. Today I look at passive investing with ETFs, and specifically, ETFs recommended as part of the Canadian Couch Potato index investment strategy. Using this strategy can help you invest across global markets, paying little in investment fees and provide steady growth for your money over the long term.What are ETFs?Exchange Traded Funds (ETFs) are indexes of stocks or bonds that usually have a very low management fees. They are similar to index funds like TD e-Series …
Guides and Articles
January/February 2019 – Investment Portfolio Growth
2019 has started with a bang when it comes to my investments. And that's a good thing! After the later part of 2018 saw a medium crash in the value of many of my index investments, the first 2 months of 2019 have made a great recovery. An updated property assessment also saw a large gain in my assets. Let's take a deeper in look in my January and February 2019 investment portfolio update.Overall AssetsGenerally positives across the board in the my investment assets for January and February. You'll notice a huge spike in my home equity, which I'll discuss further below. I was able to …
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Step-by-step: How to invest with Wealthsimple (Part 2)
In Part 1 of the "How to invest with Wealthsimple" guide, I went over first 2 steps of the sign up process: what types of personal information you need to provide, and the types of questions asked in the risk assessment process. In Part 2 of the guide, I'll show you the different types of accounts you can register for, and how to actually add funds to your Wealthsimple account.Sign up now to start investing with Wealthsimple and get a special $50 bonus with your initial deposit!Other resourcesWealthsimple: What is it, how do I invest, and how much does it cost?Step-by-step: How to …
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Step-by-step: How to invest with Wealthsimple (Part 1)
Starting with a robo advisor might seem complicated or confusing, but really it is the opposite. A few weeks ago I gave my review of the robo advisor Wealthsimple, what it's fees are and how it compares to other index investment methods. Today, I'll break down the simple 4 step process of how how to invest with Wealthsimple, including signing up and funding your account. Part 1 of the guide will go over the personal information step and the personal income and risk assessment step. Part 2 of the guide will look at the account types and funding your account steps.Sign up now to start …
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How to earn $500 cash back with this Scotiabank credit card
NOVEMBER 2019 UPDATE: Since this article was written, Scotiabank has made some changes to the Scotia Momentum VISA Infinite card including:Sign-up offer: First year annual fee waived – instead of the 10% back for the first 3 months (as mentioned below)Annual fee is now $120/year4% on groceries and recurring payments2% on gas and daily transit1% on everything elseFor an updated analysis of the Scotiabank Momentum VISA Infinite Card, see the newest article - Showdown: Which is the best reward credit card!Scotiabank offers a variety of credit cards that cater to different needs. If …
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Wealthsimple Robo Advisor – What is it, how do I invest, and how much does it cost?
The term Robo Advisor is thrown around a lot, and can scare some new investors. Typically, a Robo Advisor asks you questions about your investment goals, takes your preferences based on your answers, invests your money primarily in ETFs, and re-balances your portfolio based on market fluctuations. Today I’m going to share my WealthSimple review, an easy to use and well known Robo Advisor that I’ve just started using.If you find information on this guide useful and decide to try out Wealthsimple, sign-up here for a special $50 bonus when you initially deposit $500!Sign up now!Other …