Mutual Funds vs. ETFs in Canada: Which Is Right for You?
Mutual funds and ETFs are two of the most popular investment options in Canada, but they differ in fees, flexibility, and tax efficiency. While ETFs offer lower costs and intraday trading, mutual funds provide professional management and easier access through banks.
Mutual Funds vs ETFs: What’s the Difference?
Mutual funds and ETFs both pool money from many investors to buy a diversified mix of assets. The key difference is how they trade: mutual funds price once daily after markets close, while ETFs trade like stocks throughout the day.
Bonds Explained: The Low-Risk Investment Option
Bonds are essentially loans you make to governments or companies. In return, they promise to pay you back with interest after a set period. They’re generally less risky than stocks but offer lower potential returns.
Investing 101: What Exactly is a Stock?
A stock represents ownership in a company. When you buy a share, you own a small piece of that business. Companies issue stocks to raise money, and investors buy them hoping the company grows, making their shares more valuable.
5 Smart Investment Strategies for Beginners
Investing can seem overwhelming, but starting with the right strategies can set you up for success. One of the best approaches is dollar-cost averaging, which involves investing a fixed amount regularly to reduce market timing risks. Another key strategy is diversification, spreading your investments across stocks, bonds, and real estate to minimize risk. For beginners, index funds and […]