Index ETF investing, the other pillar of investing strategy that we deploy. Index ETF investing essentially tracks the different market indices. When market goes up, index ETFs go up; when market goes up, index ETFs go up. A simple and straightforward investing strategy.
Years ago I randomly set a goal of becoming financially independent via dividend income by 2025. By randomly I meant I didn’t really crunch any numbers and simply selected a year out in the future. …
Back in June, I mentioned that we switched from TD Direct Investing and Questrade to Wealthsimple to take advantage of the transfer bonus promotion. I also noted that we wanted to take advantage of Wealthsimple’s …
It’s hard to believe it’s September already and we’re back to the typical school programming – school, Scouting, and other extracurricular activities. September usually means sunny but comfortable temperatures in the low 20s. Hopefully this …
When we started our financial independence journey, we set a goal of becoming financially independent via dividend income by 2025. Why did I pick the year 2025? Because it was far out there and it …
When you look at the TSX composite, you will notice that the financial and energy sectors make up a large percentage of the index. In fact, the financial sector constitutes over 30% and the energy …
Why is dividend investing an attractive investing strategy? The main attraction, I think, lies in the idea of living off dividends, being tax-efficient, and not touching your principal. By not touching the principal, many investors …
Earlier this year, I discussed three key reasons why we don’t invest in GICs and have no plan to invest in them any time soon. After reading that article, a few readers asked about Canadian …