Jobs that are trending during the COVID-19 pandemic

By WealthHack  Posted on In Blog Tagged , , , , , , , , , , , , , , , , , , ,  

The COVID-19 pandemic has swiftly changed the lives of Canadians. Federal and provincial governments have implemented measures to encourage Canadians to stay home and are actively enforcing social distancing. Countless businesses have been forced to close their doors and millions of Canadians have lost their jobs or had their hours reduced. Though the economy has been hit hard by these changes, there are some bright spots. Several critical sectors are surging during the pandemic. Here are 10 sectors that are actively hiring right now.

How To Choose The Right Questrade Account For Your Investments

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Investing for the first time can feel the same way as driving a car. Most likely, you’ve had someone handling your investments for you. They were controlling the car and you were just along for the ride.

Whether you’re looking to take control of your investments or you’re starting from scratch, the thing to remember is millions of people invest, just like millions of people drive a car. And everyone started at the same point as you. Learning the basics and getting comfortable starts with opening an investment account.

No matter where you’re starting from, you want to make the right decision when it comes to your investments and it begins with choosing the right account for your investments.

Trudeau-Pandemic

Financial support for Canadians during the Coronavirus pandemic

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The extraordinary economic hit caused by the COVID-19 pandemic has governments of all sectors offering unprecedented assistance to affected Canadians. To clarify the situation, WealthHack.org has compiled a guide to what each jurisdiction is directly offering Canadian whose jobs have been affected.

Smith-Manoeuvre

What is Smith Manoeuvre

By WealthHack  Posted on In Blog, Investing Tagged , , , ,  

The Smith Maneuver was developed and popularized in a book of the same name by Fraser Smith, a former financial planner based in Vancouver Island, Canada. Smith calls his maneuver a debt conversion strategy rather than a leveraging tactic, given its potential to lead to tax refunds, faster mortgage repayment and a growing retirement portfolio.

tsx

What is BTSX investment strategy

By WealthHack  Posted on In Blog, Investing Tagged , , , , , , , , , , , , ,  

BTSX is a short term for Beating the TSX. BTSX is an investment strategy developed by David Stanley. BTSX is a Canadianized version of the Dogs of the Dow strategy developed by Michael O’Higgins in his book Beating the Dow and when applied to Canadian stocks is sometimes referred to as the “Dogs of the TSX”.

How to invest ETFs

By WealthHack  Posted on In Blog, Investing Tagged , , , , , , , , ,  

An ETF is an exchange-traded fund. Think of it as a mutual fund that trades like a stock. (ETFs) are an easy-to-use, low-cost way to invest your money. An ETF can provide you with access to a diversified portfolio of stocks or bonds in a single investment that trades just like a stock. These low-cost funds typically have extremely attractive expense ratios, and they bring tax benefits compared to traditional mutual funds.

7 Side Hustle

7 Low Cost Side Hustles you can start online

By WealthHack  Posted on In Blog, Business, Investing Tagged , , , , , , , , , , , , ,  

A side hustle is a way to make money outside of your 9 to 5 job. It allows you to make more money that’ll give you the freedom to pursue your passions, buy things you need or want, produce additional income streams and lower any financial worries.