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.
Many indicators and calculations are used to assess the value and growth potential of a stock. Here are some key indicators used by investors.
So let’s discuss the top things you can do to make sure your finances are in good shape if the economy falters.
What is Norbert’s Gambit? Norbert’s Gambit is a currency conversion technique. It allows the inexpensive exchange of Canadian to US dollars, or vice versa, using a discount brokerage account. On large enough transactions, the ...
You can estimate how many years it would take for your initial investment to double itself
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.
The Dogs of the Dow is an investment strategy popularized by Michael B. O’Higgins in 1991, which proposes that an investor annually select for investment the ten Dow Jones Industrial Average (DJIA) stocks whose dividend is the highest fraction of their price. ...
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”.
The best free online checking accounts all provide solid interest rates without charging customers any kind of fees.
If you’re looking for a checking account that won’t eat away at your deposits, take a closer look at these options available to customers throughout the United States.
Canadians pay some of the highest bank fees in the world. As per CBC News, Canadians paid an average of $216 in yearly bank fees in 2015. Cutting cost and lowering your expense are some of the ways you can grow your savings and investment and achieve your financial goals fas
The BI Triangle was created by Robert Kiyosaki and the Rich Dad company as a guide on how to create a successful business.
Here are some key suggestions on how to design and organize your website content with an overall emphasis on the quality of the site.
Followings are common and important Guidelines and Policies of Google AdSense which are commonly violated by new users/publishers of Google AdSense.
Things to Do Before Applying for Google AdSense
If you ask investors, many will tell you real estate is the best place to park your money for long-term gains. Despite the money-making potential of real estate, some experts say millennials are opting out of the market.
How to Prepare for the Next Market Crash. Patrick Bet-David shares the importance of being ready when the market crashes and eight ways you can prepare for it.
The 20 Rules of Money
11 Passive Income Ideas | Video
How I Built 7 Multiple Streams of Income
KEEP THEM POOR | This Is What The Richest Don’t Want You To KNOW (an illuminating interview) | VIDEO
FIRE stands for financial independence, retire early. FIRE is a movement dedicated to a program of extreme savings and investment that allows proponents to retire far earlier than traditional budgets and retirement plans would allow. Here’s how to do it….
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.
Filing your own taxes can feel overwhelming, but it doesn’t have to. Today there is a variety of free tax return software to choose from, and it’s never been less intimidating or easier to file taxes independently.
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.
Many people put off investing because they think you need a lot of money—thousands of dollars! to start investing. This just isn’t true. You can start investing for as little as $5 per month.
Wealthsimple Trade is a brokerage that allows you to buy and sell stocks and ETFs with no trading commissions.
I wish someone had told me these set of wisdom I acquired through experience. But I’m fortunate enough to push myself, take a risk, and learn all those years that developed my skills, knowledge, ...
John Clifton “Jack” Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group. Early life and education John Bogle ...
strade offer 10 different ways to fund your account, each with different processing times. I’m going to demonstrate one method of payment through Online Banking Bill Payment using CIBC online banking.
Questrade is the best low-cost online broker for trading not only the Canadian stock market but also the US stock market.
Lending Loop is Canada’s first fully regulated peer-to-peer (P2P) lending platform focused on small business. It is a platform that connects all investor types with small businesses looking for affordable financing
Guides for Canadian on how to automate their savings and investing without paying fees and taxes
SimplyWallSt is a stock screener analytic tool that turns complex data into a simple to understand visuals. It consists of over 75,000 stocks in 27 markets including the US, Canada, UK, and other European Markets, Australia, New Zealand, Singapore, Hong Kong, and India. It provides people of all experience with a fantastic, easy to follow report, helping you make non emotional, long term investment decisions on listed stocks.
