Do-It-Yourself (DIY) investing, also known as self-managed or self-directed investing, is when you create and manage your own investment portfolio. DIY investors often use digital platforms, online applications, and discount brokerages to build and manage their portfolios rather than employing the help of a qualified professional for advice or portfolio supervision.

DIY investing may offer you more personal control and lower fees, but making decisions based on incomplete information and without the expertise that comes from training and experience can expose you to a multitude of  risks.

As inflation has a significant impact on the economy, causing prices to rise and reducing the purchasing power of consumers, you must be proactive in combating inflation to protect your financial well-being.

This article explores effective strategies you can use to help overcome inflation in Canada.

In the fast-paced world of investing, staying up-to-date with the latest trends and knowledge is crucial to achieving growth and success. Whether you are a seasoned investor or just starting your financial journey, reading books on investing can provide valuable insights and help you make informed decisions.

It will soon be that time of year again – time to make New Year’s resolutions. This is also an ideal time to make some investing resolutions.

The end of the year is a good time to review your current financial plan if you have one and determine where it is lacking. Then you are ready to consider which investing resolutions will help you achieve your goals.

Reducing risk is the primary reason to diversify your investments. Every investment comes with some risk, but by choosing the right mix of investments you should be able to achieve an acceptable balance between return and risk.