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Dec 9, 2024 | 
piggybank.ca | Sid Mohapatra |Matthew Jaekel |Vishesh Raisinghani |Harshil Dhanky
Here are 5 S&P 500 ETFs Canadians can explore as potential portfolio additions:1. iShares Core S&P 500 Index ETF – CAD Hedged (XSP)2. Vanguard S&P 500 Index ETF (VFV)3. TD US Equity CAD Hedged Index ETF (THU)4. Invesco S&P 500 Equal Weight Index ETF (EQL.f)5. BetaPro S&P 500 2x Daily Bull ETF (HSU)TickerXSPVFVTHUEQL.FHSUNet Assets$10.38B$12.24B$47.31M$845.24M$139.13MCAD HedgedYesNoYesYesYesManagement Expense Ratio (MER)0.09%0.09%0.07%0.26%1.54%Leverage––––2x1.
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Dec 3, 2024 | 
piggybank.ca | Sid Mohapatra |Matthew Jaekel |Harshil Dhanky
5 of the best S&P 500 ETFs for Canadian investors are: 1. iShares Core S&P 500 Index ETF – CAD Hedged (XSP)2. Vanguard S&P 500 Index ETF (VFV)3. TD US Equity CAD Hedged Index ETF (THU)4. Invesco S&P 500 Equal Weight Index ETF (EQL.f)5. BetaPro S&P 500 2x Daily Bull ETF (HSU)TickerXSPVFVTHUEQL.FHSUNet Assets$10.38B$12.24B$47.31M$845.24M$139.13MCAD HedgedYesNoYesYesYesManagement Expense Ratio (MER)0.09%0.09%0.07%0.26%1.54%Leverage––––2x1.
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
The main difference between bonds and stocks is that bonds represent debt obligations while stocks are tied to ownership of an entity. Differences Between Bonds and StocksProductBondsStocksNatureBonds are loan obligations of a borrower that pay interest and principal on a specified schedule while restricting participation in the profits. Stocks represent the ownership interests in a company and entitle holders to receive dividends and participate in long-term company growth.
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
Allocating capital is rarely a binary decision. It is not uncommon to have positions that are highly correlated to one another and move in the same direction along with the market. Investors should aim to diversify across sectors in order to minimize company and industry specific risk, and generate excess returns over the benchmark.
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
PiggyBank is reader-supported. We may be compensated if you use, sign-up or apply for services through our links. See our Advertising Disclosure. Subscribe to our daily newsletter to get the latest news, expert advice and exclusive offers! To streamline the investing process and achieve consistently positive outcomes, it is essential to have an asset allocation framework and make prudent decisions regarding the construction and composition of a portfolio.
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
Gold holds a unique position in the financial ecosystem as an asset class that continues to be recognized as a store of value and used as an inflation hedge. The COVID-related sovereign debt binge and sustained lower interest rate environments have created a subset of global macro investors allocating capital towards gold and betting on higher inflation. Heightened geopolitical volatility also adds to the appeal of safe-haven assets such as gold.
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Aug 24, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
Short selling is a method that enables market participants to sell securities without owning the underlying security. Such practices allow investors and speculators to capture downward price momentum in a given security by making bets that the price will decrease. Any well-functioning market seeks to facilitate price discovery, match demand with supply and aims to lower transaction costs while making it easier to transact.
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Aug 23, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
Wealthsimple Trade is an online discount broker enabling Canadian investors to buy and sell US and Canadian equities (stocks and other exchange-traded products) as well as cryptocurrencies for zero to minimal fees depending on the product, along with no account minimums for using their platform. Wealthsimple has gained a lot of traction with young investors as its core product offering of no-commission trades quickly differentiated itself from others in the Canadian financial services landscape.
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Aug 23, 2024 | 
piggybank.ca | Sid Mohapatra |Harshil Dhanky
Trading options may appear to be daunting at first, but the key to getting a head start is to have a well-defined objective and a financial plan that aligns with your unique goals. Investing in equities through options can become more attainable when investors take a step-by-step approach and utilize an organized framework that explains how to trade options in Canada. 1. Select a Trading Platform that Supports Options TradingProsLow commissions, especially for high-frequency traders.
