FI Journey
We spend a lot of time on this blog talking about the mechanics of the stock market. We focus on maximizing TFSAs, understanding RRSPs, and buying broad-market ETFs. But before you can invest, you need a safe place to park your emergency fund and short-term cash.
FI Journey
Thinking about buying your first ETF or stock? Nice. Below is a clean, step-by-step guide to open a self-directed account at Wealthsimple and Questrade—two of the most popular choices for Canadian DIY investors.
FI Journey
They’re savings/investment accounts the government registers with the CRA, which gives them special tax treatment (e.g., tax-free or tax-deferred growth). Two core ones for individuals are the TFSA and RRSP.
FI Journey
Compound interest might not be the most exciting topic, but understanding it is one of the most powerful tools you have for building wealth. Start investing early, be consistent, and let the power of compounding work its magic. Your future self will thank you!
FI Journey
Money is present in our life whether we want it or not. The good part is that it doesn't need to be hard.