As Canadians approach the April 28 election, economic concerns are at the forefront due to a snap election called by Prime Minister Mark Carney. Rising inflation and the U.S.'s protectionist stance under President Donald Trump have heightened fears about the impact on goods prices, job stability, and cross-border trade. While inflation is a key issue, the primary focus is on the ...
Hi yall, now that January is closer, we can contribute more to our TFSA. The annual contribution limit for 2025 is $7,000, confirmed by the CRA. With a new contribution room available, where will you be investing your money? My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Bravo Jordan
WeedStreet
:
You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet
Lauren_investement
OP
:
What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
The Bank of Canada announced a 50 basis points rate cut to 3.75%, marking the fourth consecutive rate cut since the first reduction in June. The significant 50 basis points reduction was primarily due to the unexpected slowdown in September's inflation data to 1.6%, reflecting the risks of an economic downturn in Canada. The Bank of Canada's goal is to maintain inflation around 2% and promote economic growt...
The Bank of Canada has consecutively lowered its interest rate by 25 basis points to 4.25% for the third month in a row, aligning with market expectations. This marks the third rate cut since the initial reduction in June, driven primarily by sluggish economic growth, a high unemployment rate, and easing inflationary pressures. Inflation levels and employment figures are the key data points closely monitored by the...
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My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Inflation levels and employment figures are the key data points closely monitored by the...
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