Stock Advisor Canada

Personal finance is, well, very personal. Each of us is at different points and circumstances in our financial lives, facing unique struggles and coping mechanisms. Despite these differences, one common thread binds us all: the desire for financial success and freedom. We aim to earn enough money to live on our own terms while securing Continue reading

When you think of financial freedom, images of luxurious vacations, dining at fine restaurants, and indulging in extravagant purchases might come to mind. However, financial freedom is a deeply personal concept that varies from one individual to another. Understanding Financial Freedom For some, it means the ability to buy anything they desire, like their dream Continue reading

Usually, I like to investigate ways that you can make money or save money. But today, I want to approach saving money from a slightly different perspective. This time, I want to help you recognize bad habits that might be dragging you down financially. Most of us have at least a few bad habits. You Continue reading

If you’ve stumbled upon this post, chances are you’re wondering how to spend your money wisely. Congratulations! Researching how to allocate your funds indicates a desire to invest in things that enhance your life. I prioritize my physical and mental health, financial freedom, and overall happiness for my family. While occasional indulgences are fine, I Continue reading

Over the years, I’ve gained invaluable insights into personal finance, often through hard lessons. If there’s one concept I wish I had understood earlier, it’s the significance of a sinking fund. In this article, we’ll explore what a sinking fund is, how it differs from an emergency fund, and how to set one up effectively Continue reading

Feeling stressed about your finances is a common concern for many people. If you find yourself constantly worrying about money, it might be time to consider starting a budget. A budget can help you take control of your finances and work towards your financial goals, whether that’s saving for a big purchase or simply achieving Continue reading

The decision of when to start taking your Canada Pension Plan (CPP) is a significant one for many Canadians. While the average Canadian typically begins collecting CPP benefits at around age 65, a substantial number choose to start as early as age 60, and a smaller percentage wait until age 70 to maximize their benefits. Continue reading

Investing is a journey that requires careful planning and a clear strategy. One effective approach is to diversify your portfolio while adapting to market momentum. However, for those willing to take calculated risks, there’s an alternative method: reverse engineering your investment goals. Instead of starting with a broad investment strategy, begin by determining how much Continue reading

When it comes to investing, many people immediately think of passive income through dividends. However, there’s a broader spectrum of opportunities available, including rental properties, bonds, and peer-to-peer lending. While focusing solely on passive income can provide steady cash flow, it might also mean missing out on potentially higher returns from growth investments. This article Continue reading

Market Reactions to the Rate Cut Artificial intelligence (AI) stocks were soaring today in response to the U.S. Federal Reserve’s decision yesterday to cut the benchmark interest rates by 50 basis points. The federal funds rate is now set at 4.75%-5%, with the central bank signaling two additional cuts of 25 basis points each before Continue reading