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An average guys journey to managing and growing his money by investing in index funds and attempting to make smart financial decisions.
Read latest article: How to buy TD e-Series funds through Questrade

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Closing Costs | How Much Does It Cost to Sell a Home in BC?

Transparency is hard to come buy when looking at the closing costs involved in buying or selling a residential property. I just went through the process of both, selling a condo and buying a townhouse. Through this, I got to discover some of the hidden fees involved in the process. Below I’ll go through all of the costs I incurred and discover the real cost of selling a house (or condo or townhouse). Selling my property For my process of buying a new home, I sold my condo before buying my new property. I wanted to be able to put 20% down on my new townhouse to avoid additional CMHC fees. …

Nov 2019 to Apr 2020 – Investment Portfolio Growth

It’s been a few month’s since I’ve provided an update on building my net worth. Since my last update, we’ve seen some massive drops due to market impacts of the coronavirus. But we've also seen some short term recovery. A few weeks ago I looked at the COVID-19 impacts across the 5 different index portfolio’s that I have, and today I look at the overall growth (or lack thereof) for my investments, savings, and property. It may not be as bleak as it seems though. Let's dive in. Overview For readers new to my investments/wealth building updates, my net worth is broken up into 3 main …

How COVID-19 has Impacted Different Index Investment Portfolios

The first quarter of 2020 has past us by, and the COVID-19 global pandemic has had a major impact on the global economies and stock markets. For those (like me) who are invested in passive index investment portfolios, it’s a true test of whether our perceived risk tolerance matches our real world risk tolerance. Let’s take a look at real world numbers of how COVID-19 has impacted my index investment portfolios, including TD e-Series, Questrade ETFs, a Wealthsimple robo advisor fund, and a Tangerine Balanced Growth index fund. TD e-Series Portfolio in 2020 I have 2 separate portfolios of …

EQ Bank Canada Review – the Best High Interest Savings Account?

When the big banks are offering 0.6% - 1.2% interest rates on their “high interest” savings accounts, with some of them requiring minimum balances of $5,000, you really have to wonder what other options are out there. After having made the move for my day-to-day banking to an online bank in the form of Tangerine, I decided to take the next step and open a savings account with an online bank that consistently has one of the highest interest rates; more than double than what the big 5 offer! From my research, EQ Bank is one of the best high interest savings accounts in Canada  with …

Finance Guides

How to invest in TD e Series with Questrade

TD e Series are a great option for Canadians to invest in index funds. I've used TD e Series as my main investment method for years, and have written extensively about it. Until 2020, you could only invest in TD e Series funds through either a TD Mutual Fund account through their EasyWeb portal, or through TD's online brokerage, TD Direct Investing. But as of 2020, TD have made their e Series funds available through a majority of online brokerages! I'll show you how to invest in TD e Series with Questrade. What are TD e Series funds TD e Series funds are a passive index investment option …

Manage Your Questrade Portfolio with Passiv

Allocating cash and rebalancing your Questrade portfolio are important aspects for when managing a portfolio of index Exchange Traded Funds (ETFs). Ensuring that you stay close to your target allocations once or twice a year will help you take advantage of global market fluctuations, and stay on-top of your investment portfolio to ensure that it is balanced over the long term. It’s important to know how to allocate (or invest) new cash contributions into the underweight assets in your portfolio. To make rebalancing and managing my portfolio as easy as possible, I use an automated tool …

Step-by-step: How to sign up to Questrade to buy ETFs

Getting started with do-it-yourself investing can seem like a daunting task. Part of the reason ETFs are as cheap as they are is because you, as the investor, need to do some of the work by registering for investment accounts, and buying the correct funds. In a previous guide, I wrote about how Questrade is one of the cheapest and easiest ways to invest in ETFs. To make getting started even easier, I've put together a step-by-step guide on how to sign up to Questrade, and by using an offer code (5c7adaa406cd9), getting $50 in free commission fee's as well! Read on to see every step of the …

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 your first $10,000 invested for free! Other resources Wealthsimple: What is it, how do I invest, and how much does it cost?Step-by-step: How to invest …

Latest posts

How to invest in TD e Series with Questrade

TD e Series are a great option for Canadians to invest in index funds. I've used TD e Series as my main investment method for years, and have written extensively about it. Until 2020, you could only invest in TD e Series funds through either a TD Mutual Fund account through their EasyWeb portal, or through TD's online brokerage, TD Direct Investing. But as of 2020, TD have made their e Series funds available through a majority of online …

Closing Costs | How Much Does It Cost to Sell a Home in BC?

Transparency is hard to come buy when looking at the closing costs involved in buying or selling a residential property. I just went through the process of both, selling a condo and buying a townhouse. Through this, I got to discover some of the hidden fees involved in the process. Below I’ll go through all of the costs I incurred and discover the real cost of selling a house (or condo or townhouse). Selling my property For my process of …

Nov 2019 to Apr 2020 – Investment Portfolio Growth

It’s been a few month’s since I’ve provided an update on building my net worth. Since my last update, we’ve seen some massive drops due to market impacts of the coronavirus. But we've also seen some short term recovery. A few weeks ago I looked at the COVID-19 impacts across the 5 different index portfolio’s that I have, and today I look at the overall growth (or lack thereof) for my investments, savings, and property. It may not be as bleak as …

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