Canadian Investment Advice and Financial News
As many investors have learned the hard way, it can be very difficult to find the right stock at the right price when you are ready to make a purchase. Lucky for you, I have done the hard part and found three stocks that are trading at inexpensive valuations, so let’s take a closer look […]
It’s official. We are in correction territory. Chinese shares have erased all of the year’s gains. Dow futures dropped more than 600 points last week. And today, it dropped 1,000 points when the market opened. The natural, human response is to panic because your stock is losing value. But I would implore you, as a […]
It seems the conversation of investing in a tax-free savings account (TFSA) becomes quieter and quieter as the months go by in a year, and the conversation is most vibrant at the start of the year. Saving and investing should be a consistent act, so I’m bringing it up again. By investing instead of just […]
Investing in stocks historically gives higher returns than placing money in bonds, GICs, or savings accounts. With higher return comes higher risk. Here I will talk about two risks that come with investing in stocks and how to reduce those risks. 1. Risk of capital loss You can buy and sell stocks on major exchanges […]
Over the past 12 months, the Canadian dollar has declined by 15% versus the U.S. dollar. And there are plenty of reasons why the loonie is likely to depreciate further. Let’s start with the Canadian economy, which contracted for the fourth month in a row in April. There’s now a real possibility that Canada is […]