NEW UPDATES FOR 2021! PolicyMe is an online life insurance company that allows Canadians to buy term life insurance in minutes, 100% online. PolicyMe now offers life insurance policies directly to consumers, simplifying the process of getting insurance even further! This allows PolicyMe to provide …
PERSONAL FINANCE WORLD WEEKLY READING – MARCH 6, 2021
It's been a wonky week for the stock market, with some signs of volatility showing. Tech stocks have taken a bit of a hit, with more focus turning more towards commodities and value. $60+ oil certainly helps and is surprising given where we are with the pandemic. Do you have any stocks still …
$140 Billion in Bitcoin are Lost at the Bottom of the Ocean Forever
Did you know as much as 20% of all Bitcoin are possibly lost forever? They're as good as gone. To the bottom of the ocean. Bitcoin is a hot topic these days and was the recent subject matter on an episode of the popular Canadian financial podcast, the FI Garage. I decided I would offer to …
PERSONAL FINANCE WORLD WEEKLY READING – FEBRUARY 28, 2021
Many moons ago, when I opened my RRSP, I parked the money in a basic savings account, earning a pathetic amount of interest. Not only that, but I didn't realize I was making significant money mistakes - sabotaging growth... missing out on benefits... Why??? Because I didn't know any …
The Ultimate RRSP Guide Registered Retirement Savings Plans in Canada
Introduction What is an RRSP? If you live in Canada, you've probably heard the term RRSP. While you may be familiar with the "Registered Retirement Savings Plan" and know it's for retirement savings, you might not know much more. That's okay; you're not alone! Many Canadians know the basics …
PERSONAL FINANCE WORLD WEEKLY READING FROM FEBRUARY 21, 2021
Bitcoin continues to run, the housing market in Canada continues to be hot, and commercial real estate is still a question mark. This week's reading takes a brief look at the crazy market conditions we're experiencing and makes me give some further thought to what will transpire between now and …
5 Defensive Canadian Stocks I’m Buying in 2021
Canadian stocks, or those listed on the TSX, have lagged the overall market in the past few years. So why on earth would I sacrifice potential growth by purchasing a bunch of defensive Canadian stocks? The pandemic has dealt the economy a severe blow in many sectors. Yet, the stock market has …
PERSONAL FINANCE WORLD WEEKLY READING FROM FEBRUARY 14, 2021
It's Valentine's Day! It's something special when it falls on a Sunday and allows us to be home all day with our loved ones. Particularly during COVID-19 times, when we all need a little reminder to be kind to one another as the stress of lockdown can get to us all. I put together an article …
PERSONAL FINANCE WORLD WEEKLY READING FROM FEBRUARY 6, 2021
Last week's big news, the revolt of retail traders on Reddit and r/Wallstreetbets, appears that it will be relatively short-lived. After Robinhood and other applications restricted buying and trading of particular securities (a mess in its own right), the price on all of these risky and …