It really is the best time to be or become an investor. There are so many free tools for investors to use and start their own DIY portfolio. Due to low fees, the market’s long-term history of good performance and the beauty of dividends, you don’t need to be rich. You just have to start.
If investors wish to purchase cannabis stocks and are comfortable with tremendous volatility with potentially vicious drawdowns, then all of the power to them. I hope they are right. These would be fantastic Canadian growth stories. It is the aim of this article to familiarize retail investors with the high-flying valuation and understand how purchase price is incredibly important to long term stock returns.
Congratulations, you are thinking about pulling the trigger on opening your own self directed brokerage account. You don’t have to be a professional to use their services and you will outperform all your friends who are paying out of control commission fees. You have come to the right place if you want to open up a Tax Free Savings Account (TFSA). The beauty of a TFSA is your capital gains will stay in your portfolio and are incredible for dividend growth income portfolios.