What are FOMC Meetings The Federal Open Market Committee (FOMC) meets 8 times a year and discusses the economic outlook as well as any changes/potential future changes to their monetary policy. These meetings take a look at the economy as a whole and are followed by a press conference where Continue Reading
Investing 101
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
13 Best stocks for beginners
You have a brokerage account set up. You’ve deposited money and the cash is just begging to be used. What are the best stocks for beginners to start buying? First, let me say that we cannot tell you what to buy. This article will mention some stocks, but they are Continue Reading
What are the FANGMAN Stocks
FANGMAN stocks actually started out just as the FANG stocks. FANG was a term originally popularized in 2013 by famous TV personality and hedge fund founder of Cramer Berkowitz, Jim Cramer. It was made as an acronym that refers to the most popular and best-performing American technology companies. At the Continue Reading
How to make an extra $1000 / month with stocks
Cash flow. That’s what we’re all looking for. Even if you like your job and just want to retire comfortably, you still need to make extra money each month to have the lifestyle you want in retirement. In looking for side gigs to augment your income, many of them come Continue Reading
What are stock splits?
Stock splits are when a company issues additional shares by splitting its current shares by a certain amount. For example, if a company is worth $100 and performs a 5/1 stock split each share is then worth $20 and there are 4 additional shares for each share that existed prior Continue Reading
Your first investment: Where to start?
RRSPs and mutual funds may have been your first investment, but you want to control your money and investments now. You hear about your friends who may be in real estate or stocks and now you’re intrigued. You have funds ready to go in your RRSP, savings account and TFSA, Continue Reading