I’m sure you have heard the saying, if at first you don’t succeed, try again. Well, that sums up my relationship with the stock market. Shortly after graduating from university, I took my first plunge into the stock market. However, it was not a source of instant wealth. In fact, Continue Reading
Finding the Ultimate Side Hustle – 4 Methods Canadians Can Use to Earn Passive Income
Are you interested in making more money and enjoying true financial freedom? If so, now is the time to consider finding a side hustle. While the concept of a side hustle is not new, the popularity of the idea has skyrocketed in recent years. This is due to the newfound Continue Reading
Stock Market 2022 Performance- 1st Half
Stock Market 2022 performance to date has entered a territory we have not seen in a long time. We are currently in a technical bear market. A bear market is represented by the S&P 500 and Nasdaq ETF dropping by at least 20%. This contrasts with the V-Shape recovery between Continue Reading
9.41% Dividend Yield Canadian Income Fund
EIT.UN (also known as the Canoe EIT fund) is a Canadian investment fund that gives shareholders consistent cash flow. The portfolio is diversified and has been actively managed by Robert Taylor, the SVP and Portfolio Manager of Canoe Financial. So how does Canoe operate and who usually invests in it? Continue Reading
What is an income fund?
An income fund is a mutual fund or exchange traded fund (ETF) that generates monthly or quarterly cash flow. They focus on stable payouts rather than price appreciation. “Income fund” is a broad term that the covers several different types of funds: Money market funds Bond funds REIT income funds Continue Reading