How You Should Spend Your Christmas Money (2022 Edition) There is no better feeling as a child or even as an adult than coming downstairs early on December 25th to open presents! As you slowly wake everyone up around you in preparation for gift giving, you are left there wondering what you might get. As you slowly grow out of your childhood, your gifts begin to come in smaller boxes and sometimes only in envelopes. These smaller and more compact gifts tend to hold an even better gift: money! As most people can remember, the Christmas eve/morning as an adult tends to follow the same path ..read more

 Helpful Tips on Recession Investing as a Long-Term Investor For those of you who might not be aware, the financial world has been struggling these past few weeks. With high unemployment, high inflation and even higher interest rates, the world seems to be bracing for an impending recession. Like in any scary tv show or movie (think Stranger Things), we never really know when a recession will pop up and eat away a part of our portfolios. So, what do inexperienced investors do to help curb their fear and reduce their losses? They begin to sell their positions ahead of time to help reduce ..read more

 Guest Post - 11 Money & Life Fundamentals Every Teenager Must Learn! Growing up you may face numerous challenges as a teenager, and you may also learn quite a few things along the way! I get that there’s already enough on your plate, right from trying to balance a social life with education, to accepting responsibilities and at the same time, also trying to figure out yourself and what you want from life. It gets hectic and money is probably the last thing you are thinking or even talking about. But as much as we hate it or do not want to accept it, money plays a very crucial role i ..read more

 Canadians on the Brink of Financial Insolvency and Canada’s Extension of Financial Aid As the first quarter of 2021 has come and gone, there have been media reports describing an alarming new statistic that has recently been in the spotlight: the number of Canadians who are now on the brink of financial insolvency due to the pandemic is at a new five-year high. With more than half of Canadians being $200 or less from not being able to meet their monthly financial obligations, Canadians are being put in tough financial situations right before the summer months. Although many Canadians ha ..read more

 Guest Post – How I Began My Investing Career in 2021 with Wealthsimple Trade Last year, when the pandemic began in March 2020 and we were all stuck in our homes for quite a while (due to stay-at-home orders or because we were afraid to leave the house), I decided to take a moment and rediscover books. When I was younger, I was always reading, but I lost this hobby due to technology and lack of time. However, being stuck at home with not much to do, I had time to waste and I wanted to learn new things instead of just reading my usual fantasy books, not that fantasy books aren’t fun anymor ..read more

   Stock Market Trading Hours: When is the Stock Market Actually Open? One of the more frequent questions asked by new investors after they have opened up their first brokerage accounts is when does the actual stock market open. Although the market does have regular hours, which we will get to in a moment, the stock market (at least the large ones) do not actually ever stop tradingwhen the exchanges close as there are after-hours and before-hours trading too. Although the answer is not as straightforward as most would hope, regular trading hours for the U.S. Stock Market, including ..read more

How to be Better with your Money in 2021 Usually when people think about personal finance, they just assume that it will be easy. Money is money, right? What can be so complicated about saving money and then investing it? You graduate from university/college, you get your first real job, you start making big-boy or big-girl money and then you have the opportunity to start spending that money on whatever you want! Most people will usually buy a house and/or a car in between starting to work and retiring. At some point before you retire, you are expected to have magically saved up enough money t ..read more

Everything you Need to Know to Become a Finance Analyst in 2021  With the economic instability and unemployment on the rise throughout 2020 and the beginning of 2021, one of the reasons that students are continuing to pursue their education is to help improve their chances of finding a job after graduation. Higher learning has become one of the simplest ways to remain competitive in a world where more and more jobs seem to be replaced by Artificial Intelligence.  As most students are hoping to find employment in a field that they are passionate about, most graduates will be stuck se ..read more

Investing for Beginners – Emotions and the Stock Market One of the biggest tips when it comes to investing in the stock market is to avoid being emotional as emotions can negatively affect your returns. Although emotions are great in many situations that you might find yourself in every day, when it comes to the stock market, there is nothing more dangerous than being emotional. Imagine this, you have just invested your first $2,000 in a blue-chip stock – a stable stock that has a large market capitalization with an excellent reputation. You know that this decision is a smart one as the stock ..read more

Guest Post - 8 Budgeting Tips for Millennials The life of a millennial is harder now than it has ever been in the past. With the ever-growing living costs, job competition, student loan debt, and low income, starting a family or thinking about retirement is more of a fairytale. Despite the higher literacy rate, millennials of the current era are earning far less than previous generations; owning a house and a car has become an unattainable luxury. The elders in your life might constantly advise you to save money, but only you understand that it is easier said than done. If you are hoping to ac ..read more