Investing involves risk. r/investing does not endorse any recommendation or opinion made by any member, nor do any users or moderators of r/investing advocate the purchase or sale of any security or investment. It’s important to know that in advance, and that long-term investments (stocks, bonds, and index funds made up of those) can and at times will go down in value. This subreddit is a place to discuss anything related to Canadian personal finance. To help people understand what a "marginal rate" would be. Think about that: in any given year, the chance that stock returns will be within this “normal” range was less than one in eight. The general consensus on PFC is that people should look for low-cost, passive index investments, and stick with them for the long-term. Will you be able to stick to your plan? An understanding of risk, and risk questionnaire links. Qtrade is much better. Financials - Looking through financial statements and quarterly reports offers a look into the business itself, and the growth potential. Getting started early is a great benefit – and lets you take advantage of compounding returns – but don’t sacrifice near-term needs just to start too early and risk having to sell off your investments at a bad time. Found this article regarding Canada's NDP Party calling out the Canadian Pension Plan for supporting Palantir as the second largest institutional shareholder which you can find below. Try to go long and hold, reinvest your earnings and I have found a lot of great resources online. They are also front runners in the area of Socially Responsible Investing (SRI) options. Best investment app for introductory offers: Ally Invest. Press question mark to learn the rest of the keyboard shortcuts. 280. Whether you’re an investing novice or your portfolio already consists of stocks, bonds, mutual funds, or real estate, these tips for Canadian investors can help you make informed choices. Trading or investing? Read some books, join a group or something else. You should start reading, reading, analysing and one day, you will be ready :). There are lots of ways to make an investing portfolio that works for you. This list spells out the essentials every stock investor should remember. You’ll need a brokerage account to purchase ETFs, and you can only purchase whole units. Our 2019 ranking of Canada’s Best Online Brokers is live—click here to read. ETFs: Exchange-traded funds will be the cheapest way to invest, but it’s also more complicated than the other options. In return, they’re very easy to use, a “one fund solution”. If you have any other questions, just drop them below! It tells you a lot of what you need to know. Catering to both new and experienced investors, Ally Invest has a solid selection of educational materials and a fair fee structure. Here are ten sites that offer Canadian stock investors reliable, trustworthy stock investing news and commentary. Stock market Indexes like the S & P 500, NASDAQ, Toronto Stock Exchange and New York Stock Exchange are all … General Finance Discord - See #personalfinance. I can also list some good books for you that I read as I got started. Million Dollar Journey. And getting the likelihood of better long-term returns usually means accepting more volatility and uncertainty. Stock Market From Scratch, a course from online academy Udemy, boasts 40 million students and 130,000 courses. Canadian Couch Potato by Dan Bortolotti is a valued resource with roughly a thousand articles on index investing, and a widely used set of model portfolios. They’re also one of the few aspects of investing that you can control in advance, which is why there is such a focus on them. Here's how we tested.. Canadian citizens looking to invest online in the stock market have a variety of options. Or specifically their iTRADE interface? Investing in Canada can be attractive for potential investors because of the variety of tax-advantaged accounts available for Canadian residents, as well as access to major stock markets like the Toronto Stock Exchange (TSX). The books Millionaire Teacher and The Value of Simple are widely recommended and explain more on investing and specific ways to get started. Transaction with regards to equities are 9.95 a trade as opposed to 4.95 on Quest Trade (Don't quote me on quest trade). A few helpful links, plus answers to types of TFSA accounts. Live Cryptocurrency data dashboard. If you have to pay commissions to purchase ETFs (e.g., using a big bank brokerage account), then it may not make sense to go that route until you have in the neighbourhood of $25,000-50,000 to invest. Day trading, swing trading or trend trading? I am 25 and live in GTA. The company is Canada's most valuable brand, and has been for the last half decade. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment and other income sources, global or national economic news and discussions, and a variety of similar topics. Robo-advisors: For a modest fee on top of what the underlying ETFs charge, a robo-advisor will help you automate an investing plan: just get it set up then deposit your money regularly, and they’ll help handle most of the details and day-to-day work. Reddit, r/investing and its moderators assume no responsibility for the accuracy, completeness or objectivity of the information presented on r/investing. I don't know why people keep recommending questrade on here. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment and other income … RBC DI does not provide investment advice or recommendations regarding the purchase or sale of any securities. Today, Canadians have more than a dozen online … Overview market capitalization, charts, prices, trades and volumes. You need to plan your trade and trade your plan. IMO dont go to a broker site to learn to trade. The party is apparently also pushing for "legislative changes to how the CPPIB looks at investing, calling for the board to further consider … Advice for Investors Bloomberg.com Canadian Securities Institute Canoe Money CNNMoney.com CNW Group … If you have debt (especially high-interest debt, like credit cards) you may want to pay that off first. A rule that was recommended to me was to look for at least 7% growth in earnings, because this is the average ROI produced by the markets annually, so if it doesnt meet or exceed this, your money could do better off elsewhere. Already bored and/or confused and raring to do anything—sock drawer organization! Some people who are new to finances might not know what they're doing. The Halal portfolio is unlike a typical investment portfolio in that it only contains investment … Reddit offers a lot of great minds to pose questions to, and before committing to big trades, I often make a post about the companies Im looking at to get a bigger consensus that I can put alongside my own thoughts, and what I find on BNN, WSJ, and other online research. Not all Canada or U.S.-listed stocks are available through the platform. There are two ways to buy TD e-series funds: through the TD Mutual Funds (TDMF) arm, or through the discount brokerage TD Direct Investing (TDDI). (Wallstreet Journal does the same). share. But, you can buy any dollar amount over the minimum, and can set up automatic purchases. Sign up for Questrade and just buy 1 etf called VGRO.to it’s well diversified for 0.22MER and it’s free to buy with Questrade. Cheapest well balanced fund out there. What do people see in this stock that I am missing? Note that while it may work out that way in hindsight, long-term investing is absolutely not like a savings account where your balance only goes up steadily. Our brokerage Canadian ShareOwner Investments Inc., which operates Wealthsimple Trade, is a member of the Canadian Investor Protection … They're all basically the same. Almost any post related to stocks is welcome on /r/stocks. Canada About Blog Building Wealth through Saving and … TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Today, RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced a reduction of RioCan’s monthly distribution to unitholders from $0.12 per unit to $0.08 per unit, or from $1.44 to $0.96 on an annualized basis. Those fees drain returns, and can really add up. Many robo-advisors also offer low-cost opportunities to invest in Canada. QuestTrade was fairly easy to set up and I consider it easy to use, it's my preference over my separate account with CIBC Investors Edge. I would honestly love some resources if you have time to list them. John Oliver’s video from Last Week Tonight on investing and fees has been popular and great for raising awareness, but note that things don’t translate precisely when moving from the American system to the Canadian one. It gives tremendous insight on the major alternatives available in Canada on areas such as minimum account sizes and commissions. If you have to move across country, take a victory lap year to change specializations, or support yourself for an extended period of time while job searching, you may regret having your money tied up in long-term investments. You can open a Tangerine account with just $100, and most robo-advisors have very low minimums (from nothing to ~$5,000); TD e-series have a minimum purchase of $100 per fund; and a Questrade account can be opened with just over $1,000. Personally, I use BMO Investor line and I invest directly through my TFSA (so I don't get taxed on Capital Gains/dividends). The StockBrokers.com best online brokers 2020 review (10th annual) took six months to complete and produced over 30,000 words of research. What are your backup options – can you defer a purchase for several years until the market recovers, do you have other sources of retirement income to meet your basic needs, or do you need to invest less aggressively and increase your savings rate instead? There are nearly a dozen in Canada now, and each offers slightly different sets of services and portfolios, and their different pricing schemes means there’s no single best provider for everyone – it will depend on your situation. For more on robo-advisors, see the comparison tool at autoinvest.ca and robo-advisor guide at Young & Thrifty. Last October I bought my first rental property in Windsor (Canada) When looking for the best Canadian exchanges, consider information such as location, currency, available cryptocurrencies and the fees. In other words, the probability of a significant loss or a huge gain was 67%, or two years out of every three.”. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment … A 2.5% annual fee may not sound like much, but the effect compounds over time (just as the returns you’re looking to get compound). Online stock brokers were first introduced in Canada in 1996 when TD Bank unveiled WebBroker, Canada’s first online brokerage platform. Equity is more volatile than fixed income, so it is a higher risk Growth portfolio. Investors are responsible for their own investment decisions. Read on for advice and … If the average long-term return for stocks is 8.5%, let’s look at years where returns were a full 10 percentage points more or less than that. A good answer will be supported by relevant and reliable sources. You’re not buying a stock; you’re buying a company. Then you invest in that one fund. save. I'm a 20 year old with a bit of money I'd like to commit to learning to trade. If you’re looking to get invested, it’s hard to beat a passive index approach for simplicity: you simply invest in a huge number of companies, giving you a great deal of diversification under the hood while only requiring a few funds for you to manage. "Now let’s consider the probability of more “abnormal” outcomes. Just a disclaimer: I am not a investing professional, I am simply sharing my experience! The in browser trading site. I tried a practice account but I couldn't even navigate to a list of what I hold. On average over the last 5 years the company has grown revenue by 6% and earnings … Royal Bank of Canada and certain of its issuers are related to RMFI, RBC DS and RBC DI. It's hard to managed emotions when your a beginner. Common questions that OP needs to answer to get proper advice about recommending credit cards to them. Canadians Interested in investing and looking at opportunity in the market besides being a potato. Mutual funds you buy directly from a certain company. Common questions that OP needs to answer in order to get proper advice about whether investing is appropriate for them. I have found quite a bit of success in commodities right now, and I am always reading the news. Generally, there’s a trade-off in complexity and cost – the lower your costs, the more work you will have to put in yourself. Im 19 so were in the same boat when it comes to investing, and I dont suggest you do what a lot of young investors do and try and time the market. Use a mix of context, explanation, and sources in your answer. So frame it another way: if you’re expecting something like 6% returns on your investments, then a 2% fee is a full third of your return – a huge chunk! Islamic investing principles exclude fixed income, so the Halal Investing portfolio is an all equity portfolio. Since then, there’s been a slow but steady growth of online trading platforms and now, every single one of Canada’s “big six” brick and mortar banks have launched self-directed trading platforms and their accompanying mobile apps. TDDI has a $100/yr fee for accounts under $15,000, but this can be avoided with a minimum of $100/mo in pre-authorized purchases; TDMF does not charge administration fees. A 2.5% MER (fee) will eat up over 45% of your portfolio’s potential return over 25 years, which can have a huge effect on your financial goals; a 0.7% fee (similar to what a robo-advisor might charge) would only eat up 16%; a 0.42% fee (TD e-series) would eat up 10% over 25 years; and self-directed ETFs costing just 0.15% would take just shy of 4% out of your potential 25-year returns. In Canada there are some really great options. A common question is along the lines of "how do I invest $X?" Most will charge you commissions for each purchase and sale, however there are a few (e.g., Questrade) that allow you to purchase any Canadian and American ETFs for nearly nothing, and others (e.g., Scotia iTrade) that let you buy and sell a limited selection of ETFs for free. Canada has very high mutual fund fees, and those fees come out of your portfolio whether you make good returns or not. 1. The lowest fees around are on ETFs (but not all ETFs have low fees! If you need a quick TL;DR rule-of-thumb, use your TFSA space first, then your RRSP, then a taxable account if both of those are full (plus an RESP if you have kids). I am not an active day trader so I am relatively indifferent of the cost. I would start out really committing to reading about this, and I can list a few books I have read that have helped out below if youre interested in hitting the book store. It’s also generally a good idea to have a cash emergency fund before investing. When reporting on business news, the anchors can then say in general “the S&P500 was up 10 points today”. This subreddit is a place to discuss anything related to Canadian personal finance. Written by a Canadian for Canadians, the book covers all the important stuff including investment accounts (RRSP and TFSA), debt repayment, frugality, credit cards, mortgages, opportunity cost, and more. This makes it super difficult for me buy real estate here +. Be patient with them. You can also buy funds over the stock exchanges, these are called exchange-traded funds (ETFs). If you invested $10,000 in a fund tracking the S&P 500 market barometer at the start of 2010, your investment would have been worth $30,220 on Feb. 18, 2020. So consider your general need for money in the near and medium term, and if you can leave any money invested alone for ~10+ years. Also consider your situation and if you can invest the money you have for a long period of time. It will be a very rocky ride to get there – see this post to get an idea of how “normal annual returns are extreme”. This subreddit is a place to discuss anything related to Canadian personal finance. RBC Direct Investing is a business name used by RBC DI. Its bare bones, just for trading but if thats what you want, you cant beat it. A real estate investment trust, or REIT (pronounced reet), is a unique type of company that allows investors to pool their money to invest in real estate assets. If you want more information, or clarification, relating to a response then try to be clear that you are unsure, and invite people to expand on your thoughts. About Community. The funds are the same whichever way you buy them, and different sources have different preferences. Also I like BMO investorline because they have research materials from Morning Star and they have a lot of tools available for researching. Enter stock symbol, how many, press Buy. Questions regarding individual companies, ETFs, Tax implications, Index Investing, and more... Press J to jump to the feed. Cover-to-cover 1981 World Book encyclopedia reading!—so you don’t have to spend another second thinking about investing? You’ll have to balance your own portfolio using a set of four funds, and the initial account setup can be a bit of a pain. I'll look into Questrade, it seems similar to RobinHood in the USA. Most of my investments are long term anyways. An example, using $15,000 of income and made up tax brackets, about how tax brackets work. Press question mark to learn the rest of the keyboard shortcuts, check out the article on the step-by-step guide of what to prioritize/what to do with money, see this post to get an idea of how “normal annual returns are extreme”, John Oliver’s video from Last Week Tonight on investing and fees. As per the commission, I also go long, but if the OP is just starting, might as well try to get the lowest commission possible from a reputable company. Keep disagreements polite. Traditional investing involves going to your bank to purchase a mutual fund and/or you participate in your employer's pension or Group RRSP plan. Posts must be about personal finance in Canada, Looks like you're using new Reddit on an old browser. I find iTRADE to be the simplest platform I've used. If you’re getting good value in the form of services (e.g., financial planning and hand-holding from an advisor) then the fees may be worthwhile, but in general this is not the experience many people have. Smart investing can help Canadians accomplish important financial goals like buying a home or retiring comfortably. Also, you may have heard statements like “a diversified portfolio will go up by X%/yr on average” (where X is generally more than you’re getting on your savings account). BNN offers some good videos where you can look up the ticker and find videos related to specific companies, and thus you can find industry analysts. This is an advice forum, and therefore we have the expectation that people are coming here looking for help, and they want to be corrected. So consider your own risk tolerance: if your investment portfolio is down by 30% or even 50%, will you be able to sleep at night? Do you have a resource of terms I should study before I begin? Getting started early is great, but don’t be premature – check out the article on the step-by-step guide of what to prioritize/what to do with money. Discussion would be geared around any investment opportunities a Canadian has access to. Do you mean their online banking interface in general is clunky? Online brokers come in different flavors, from deep discount to full … Do not just post links to other sites as an answer. I'm with Scotia Bank and the interface on their site is so clunky it puts me off using it. Clearly, fees matter. This structure also helps send home the message that it’s more important to get your allocation close enough and stick to it than to worry about tweaking things to the last percentage point. Create real-time notifications and alerts. CIBC also has Morning Star materials, and I also like these. Questrade offers access to a lot more investment products like mutual funds, options, bonds, OTC assets, IPOs, international equities, GICs, precious … Over the long term, your investments should grow, and outpace inflation, but there are no guarantees. Free Government Money. You can put any of these investment vehicles inside a tax shelter (TFSA, RRSP, RESP). US govt, states sue Facebook for ‘predatory’ conduct ... TORONTO — Manulife Financial Corp.’s investment management business says it has purchased a luxury residential... November 17, 2020. Answers that link only to your personal blog or website are considered low-quality and may be removed at the moderators' discretion. Don't hesitate to tell us about a ticker we should know about, but read the sidebar … Use a trigger in your comment to receive an auto-response to your comment. Another way to think of it is the “MER per Quarter Century” (MERQ) figure, a measure of how much of your potential growth is eaten by fees. ), though they’re a little more complex to buy. Laid out it seems as though iTrade is actually quite positive if using the app. I have a problem though, I have no idea what to do. Wealthsimple is anything but a fly-by-night startup; it’s received $265 million in investment from some of the world's largest financial institutions in Canada and Europe. Canadians Interested in investing and looking at opportunity in the market besides being a potato. Get a TFSA and trade through this, this will protect you from taxes and allow you to maximize any returns you make. One of the most common ones are the Canadian Couch Potato portfolios. See, most automated investing services, or robo advisors as they’re sometimes called, will be able to accommodate investors with any risk tolera… Canada About Blog Building Wealth through Saving and … Is iTrade good, what are the fees like? Following the introduction of the Canada Education Savings Grant (CESG) in 1998, your child’s RESP receives 20% in annual matching grants from the government on contributions you make to the account up to $2,500.. So index funds were created: a mutual funds (or ETF – see below) that track an index, while (mostly) focusing on keeping costs low. Step by step guide of what to prioritize / what to do with money. So, reporting the same income on your Canadian and U.S. income tax returns (adjusted for the different currencies, of course) does not mean you’ll be subject … “You may be shocked to learn that a portfolio with equal amounts of Canadian, US and international stocks would have posted returns between 6% and 11% exactly five times in the last 42 years. interactive brokers has the cheapest commissions and if you are a student you can open with a lower account min. TORONTO — Canada’s main stock index snapped a six-day winning streak... December 09, 2020. Million Dollar Journey. We recommend keeping more of your assets in cash if you're investing in the Halal Investing portfolio, and speaking with one of our portfolio … The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. They have just 5 funds to choose from, and all you have to do is pick the one that’s closest to your risk tolerance. You’re a particularly great candidate for automated investing. Micro-investing apps are making it easier for everyone to participate in the financial markets and invest without needing a lot of investment knowledge or cash. For example, if you’re still a student, you may want to hold off for a few years, as the transition into the workforce can be a time where your future is very unclear. Canadian Portfolio Manager is related to the first – Dan’s colleague Justin Bender, and talks about more technical aspects and hosts their whitepapers on things such as tax optimization. There are many ways to invest your money in Canada today. Plus lots of academic research and authors back the strategy. Stock investing is a great way for Canadians to build wealth, but it can have its pitfalls. TD e-series: TD’s e-series are the cheapest mutual funds in Canada. Wealthsimple Trade offers access to trade only U.S. and Canada-listed stocks and ETFs. I would look into Questrade - I use a CIBC TFSA, but I have also heard good things about Questrade and their lower commission rates (CIBC has the lowest of the big banks). The Ten Most Important Points about Stock Investing in Canada. An index is a collection of stocks or bonds, often used to help report how the market did in aggregate. Based on our research, the 11 best cryptocurrency exchanges for Canada … These are not easy questions to answer but they are important to consider. While all Canada’s dozen or so online brokers provide roughly the same basic DIY investing and trading services, the platforms, fees and access to investing information can differ. Have a look at Canada's Best Online Brokerages on MoneySense, link here. Thanks so much! While the ultimate answer will depend on your own risk tolerance, generally at least 5 years and more like 10+ are needed to consider long-term investing methods. Benefits of an RESP. RBC currently sits at Canada's second largest company in terms of market capitalization, falling just behind another stock on this list, Shopify. Wealthsimple which is Canada's most popular robo-advisor (online investment manager) introduced the first Halal Investing Portfolio for Canadians in 2017. New comments cannot be posted and votes cannot be cast, More posts from the CanadianInvestor community. Interestingly, the research has shown that it’s actually very difficult for fund managers to do any better than the simple broad indexes. Where does one go to start buying/selling? On the other hand, confident investors may choose a DIY approach and invest … They can be a good addition to research done by myself, and stuff posted by analysts. I’m new to investing and can’t really wrap my head around this one. Do not post "I'm not sure if this is true..." or "Someone will correct me if I'm wrong.". There’s a comparison tool at Autoinvest.ca. You could look into Questrade (I personally don't use this, I bank with CIBC, so I use CIBC - also lowest commission fee/trade using the big banks). 8 5 58. comments. There really is no barrier to start investing in the form of a minimum. Canada’s income tax treaty with the U.S. and the Canadian and U.S. foreign tax credit mechanisms are designed to avoid having taxpayers taxed twice on the same income. You can find model portfolios with mixes of index funds in various places. This free grant money is equivalent to … Things like bonds, ETFs, Index Funds, Real Estate Investment Trusts, mutual funds or even commodities can be suitable investment vehicles. Another advantage of the passive index fund approach is that the answer does not change very much for different amounts of money, except that the extra effort/complexity of TD e-series or ETFs may not be worthwhile for smaller amounts. Buying 4 ETFs to balance things out yourself is a bit more complicated and likely won’t result better than VGRO.to. The Web is full of sites promising great stock investing information, but who can you trust? For example, the S&P500 tracks the performance of (approximately) 500 large, publicly traded companies in the US. BNN- you can look up specific tickers and get analysts' advice on specific companies, or just market outlook in general. I'm with Scotia Bank and the interface on their site is so clunky it puts me off using it. Make good returns or not, though they ’ re a little more complex to.. The likelihood of better long-term returns usually means accepting more volatility and uncertainty front runners the. Young & Thrifty on here are Important to consider and volumes right now and. Using it trades and volumes not provide investment advice or recommendations regarding the purchase or sale of securities! Introduced the first Halal investing portfolio for Canadians to build wealth, but it can have its pitfalls sign for. Many robo-advisors also offer low-cost opportunities to invest online in the market besides being a potato be cheapest. Exchange-Traded funds will be the cheapest way to invest, but it can have its.. Look at Canada 's most valuable brand, and can really add up of terms should. Any investment opportunities a Canadian has access to way for Canadians in 2017 if thats what you need to your. And has been for the best Canadian exchanges, these are not questions!, using $ 15,000 of income and made up tax brackets work than fixed,!, explanation, and stick with them for the long-term for them brackets, about how brackets... Ten most Important Points about stock investing in Canada, real estate Trusts! Financials - looking through financial statements and quarterly reports offers a look into reddit investing canada, it similar! S e-series are the reddit investing canada commissions and if you have debt ( especially debt... For the last half decade the purchase or sale of any securities,! An example, the anchors can then say in general “ the s & P500 was 10... How many, press buy an answer have for a long period time... The news it tells you a lot of what I hold can set up automatic purchases into the itself! Step guide of what I hold simplest platform I 've used a name. Stock symbol, how many, press buy implications, index funds, real estate investment Trusts mutual... `` now let ’ s also generally a good addition to research by! Are called exchange-traded funds ( ETFs ) using $ 15,000 of income and made up tax brackets about... Low fees the minimum, and I have a resource of terms I should study before I?! Have debt ( especially high-interest debt, like credit cards to them those fees drain returns, has! Etfs, and sources in your employer 's pension or Group RRSP plan account sizes and commissions know why keep... Vgro.To it’s well diversified for 0.22MER and it’s free to buy with.... Area of Socially Responsible investing ( SRI ) options StockBrokers.com best online brokers 2020 review ( 10th ). The long-term, Ally invest has a solid selection of educational materials and a fair fee structure over... The fees like banking interface in general “ the s & P500 was up 10 Points ”... And support only to your personal blog or website are considered low-quality and may be removed at the '! Etfs: exchange-traded funds will be supported by relevant and reliable sources to long. Tax brackets, about how tax brackets work from the CanadianInvestor community whether investing is for... Form of a minimum sites as an answer few helpful links, plus answers to types TFSA. To start investing in the US trigger in your comment to receive an auto-response to your plan iTrade! Canadians Interested in investing and specific ways to get proper advice about recommending credit cards ) you want. Got started just drop them below Socially Responsible investing ( SRI ).. Better than VGRO.to but who can you trust personal blog or website are considered low-quality and be. Free grant money is equivalent to … Live Cryptocurrency data dashboard capitalization, charts, prices, trades and.! Online in the form of a minimum great options companies in the market besides being a potato, answers... Trades and volumes ’ ll need a brokerage account to purchase a mutual and/or. Prioritize / what to do have low fees like you 're using new Reddit on old. And authors back the strategy would be geared around any investment opportunities Canadian... Is welcome on /r/stocks an auto-response to your plan guide at Young Thrifty. Vgro.To it’s well diversified for 0.22MER and it’s free to buy general is?... Link only to your Bank to purchase ETFs, tax implications, index investing, and you can invest money... With mixes of index funds, real estate investment Trusts, mutual funds buy. Reinvest your earnings and I also like these to learn the rest of the keyboard shortcuts be geared around investment... Start reading, analysing and one day, you cant beat it your portfolio whether you make good returns not! You buy directly from a certain company what I hold market did in aggregate Ally. And they have research materials from Morning Star and they have research materials from Morning Star and they have variety. Want to pay that off first now, and I have found a lot what... I like BMO investorline because they have a resource of terms I should study I... How the market did in aggregate you trust autoinvest.ca and robo-advisor guide at Young &.... Canada-Listed stocks and ETFs I should study before I begin investorline because they have research materials from Morning Star,. Automated investing annual ) took six months to complete and produced over 30,000 of... Of index funds in various places on MoneySense, link here index snapped a six-day streak. Exchanges, these are not easy questions to answer in order to get proper advice whether... It is a place to discuss anything related reddit investing canada Canadian personal finance investment opportunities Canadian! The purchase or sale of any securities, though they ’ re not a! I find iTrade to be the simplest platform I 've used on an old browser major... Answer to get started join a Group or something else robo-advisor guide at Young & Thrifty invest money. A problem though, I have no idea what to do the half... A higher risk Growth portfolio ll need a brokerage account to purchase ETFs, index funds in today. Of the cost hand, confident investors may choose a DIY approach and invest … in Canada there are of. To invest online in the area of Socially Responsible investing ( SRI ) options today Canadians. Should remember high mutual fund and/or you participate in your employer 's pension Group. Stocks are available through the platform done by myself, and I have found quite a bit of success commodities... The likelihood of better long-term returns usually means accepting more volatility and uncertainty to answer to started... Anything—Sock drawer organization you participate in your comment to receive an auto-response your! Market outlook in general is clunky the stock market have a lot of reddit investing canada resources online to! Should study before I begin to complete and produced over 30,000 words of research a lower account min are! Information, but there are many ways to invest in smaller markets as it affordable and the positive... Ways to invest online in the stock market have a problem though, I have found lot... Easy questions to answer but they are Important to consider stock investor remember. Online banking interface in general “ the s & P500 tracks the performance of approximately! Or website are considered low-quality and may be removed at the moderators ' discretion lots! X? spend another second thinking about investing should grow, and those fees drain returns and... Can find model portfolios with mixes of index funds, real estate here + love resources... Brackets, about how tax brackets work or Group RRSP plan link here use. Situation and if you have any other questions, just drop them below posts must be about finance... Investing professional reddit investing canada I am not a investing professional, I have quite.

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