your personal finance guru for financial independence
YouTube is still one of the best ways to make some extra money or even rely on it as your main source of income. There are plenty of YouTubers who do both. It is completely possible to live off of revenue/s from YouTube if you dare to put some effort into it. There are many […]
Being a YouTuber in this day and age is still a very much viable source of income, even to completely rely on (however, we never encourage anyone to rely on one source of income). As a company, YouTube will not fall and as long as your YouTube content has traction, you can earn some serious […]
Ask anybody, tracking and gathering data is the first step in taking control. This is not limited to finance, hence the “ask anybody” part. When it comes to predicting the weather, data is the crucial element. When it comes to COVID-19 vaccine development, virus data is the foundation. Be it a country’s economic policy, a […]
I pride myself on being a dividend investor, which is probably the safer approach to growing wealth as opposed to picking out growth stocks. Dividends are more or less guaranteed and growth is less so. However, there are professionals who have a nose for picking out growth stocks. What’s better than a growth stock? A […]
If you are a beginner investor starting off with a little money, fractional shares can be very helpful. In this article, we dive into this latest feature added on Wealthsimple Trade and also a little bit into what fractional shares are. I have been personally using Wealthsimple Trade for over seven months at this point […]
If you live in Canada and are interested in investing, a Tax-Free Savings Account AKA a TFSA is the best option you have. This is an investment tool introduced by the Canada Revenue Agency (CRA) in 2009 to encourage investments among individuals without facing tax penalties. Unlike an RRSP, a TFSA cannot be used to […]
Real-Estate Investment Trusts AKA REITs are some of the juiciest investment opportunities in the stock market. REITs are companies that own, operate, or finance income-producing properties. For example, most of these act as landlords who provide commercial space for other businesses to operate. So, depending on the occupancy rate, the income of REITs is more […]
Canada provides some amazing investing opportunities for its residents. The Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) are undoubtedly two of the most popular investment vehicles among all. However, both have their own merits and Canadians need to know exactly what they are to make the most of them. Both TFSA and […]
After seven months into my Canadian dividend investing journey, I come across an important crossroads. I’m finally the controller of my TFSA. When I moved to Canada last year and opened my Tax-Free Savings Account (TFSA), I had little knowledge about what it was. I went ahead with some instructions I received and opened the […]