Category: General Investing

What are ECN fees and how to avoid them?

ECN Fees Limit Order vs Market Order Comparison

Commission free ETF purchases offered from brokers similar to Questrade (in Canada) are quite appealing to the average index investor. Great deals are often greeted by many people taking advantage of the opportunity presented. My suggestion is to make certain that you fully understand the entire price details from the broker that you are signing …

Continue reading

Top 3 Biggest Mistakes I made with Money

Top 3 Biggest Mistakes I made with Money

I was thinking myself trying to remember if I’ve made any financial mistakes with money within the last 10 years or so. I have to tell you I didn’t think I did at first and then as I began to think about it more and more I realized yes mistakes were made. Here are the …

Continue reading

Top 5 Reasons I avoid investing in Cryptocurrency

Top 5 Reasons I avoid investing in Cryptocurrency

Investing in cryptocurrencies is an ever growing popular strategy for many young investors. The fact that the most popular coin – bitcoin has surged to nearly $20 000 USD is definitely one reason why many see great value in coins. The million dollar question is, are these types of prices here to stay or even …

Continue reading

Why the Rich get Richer and the Poor get Poorer?

Rich get Richer and Poor get Poorer

Have you ever heard of the saying the rich get richer and the poor get poorer? Have you ever wondered why that is? Well sure there are a few cases where people are born in to wealth. However, there are many cases where wealth is built from nothing. Someone who has nothing can create an …

Continue reading

Selecting your First Broker for Young Investors

Selecting your First Broker for Young Investors

After you have created your investment plan the next task to tackle is selection of your first broker.  Selecting a broker is super important as you do not want to go through the pain to change it if you don’t like the original broker you had selected. What makes your broker selection so important is …

Continue reading

Types of Investments for Young Investors

We will go over many common different types of investments that are available. Each type of investment has its own specific set of advantages and disadvantages. Simplified Investment Comparison Chart Investment Risk Reward Mngt. Fee ETFs Low-Medium Medium Medium Mutual Fund Low Low High Day Trade Very High Very High Very Low Swing Trading Very …

Continue reading