by Enoch Omololu, MSc (Econ)
Since its inception in 2009, the Tax-Free Savings Account (TFSA) has increasingly grown in popularity as more and more Canadians embrace it. As per the Canada Revenue Agency, there were …
by Enoch Omololu, MSc (Econ)
The Tax-Free Savings Account (TFSA) program was introduced by the Canadian government in the 2008 Federal Budget. It provides an opportunity for any resident of Canada (including foreign students, Workers, …
by Enoch Omololu, MSc (Econ)
Bonds belong to the family of fixed-income securities. By fixed income, it means when you invest in this asset class, your income (return) is fixed beforehand and generally remains the …
by Enoch Omololu, MSc (Econ)
While the Acorns investing app started as a micro-investing app, it has grown to be much more than that. Using the app, you can invest your spare change, save for …
by Enoch Omololu, MSc (Econ)
Formerly known as WealthBar, CI Direct Investing is one of Canada’s top online financial planning and investment platforms. Online wealth management firms (aka robo-advisors) make accessing professional portfolio management services …
by Enoch Omololu, MSc (Econ)
A Scotia iTrade brokerage account offers do-it-yourself investors access to various investment accounts, products, and trading platforms. Owned by one of the biggest banks in Canada, Scotiabank, it is one …
by Enoch Omololu, MSc (Econ)
TD Direct Investing is one of the brokerage platforms available to self-directed investors in Canada. You can use it to trade stocks, ETFs, mutual funds, and various other investment securities. …
by Enoch Omololu, MSc (Econ)
All-in-one ETF portfolios such as Vanguard Balanced ETF Portfolio (VBAL) have made self-directed investing easier than ever. Also referred to as ‘single-ticket’ or ‘one-ticket’ solution funds, these asset allocation ETFs …
by Enoch Omololu, MSc (Econ)
The best investment apps in Canada have made investing in the financial markets easier than ever. The road to self-directed investing was tough when I started almost two decades ago. …
by Enoch Omololu, MSc (Econ)
One primary reason why robo-advisors have become popular in Canada is the lower management fees they charge compared to traditional wealth managers and financial advisors. Robo-advisors simplify the investment process …
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