Investing For Canadians All-in-One For Dummies

Investing For Canadians All-in-One For Dummies

by Tony Martin, Eric Tyson
Released December 2020
Publisher(s): For Dummies
ISBN: 9781119736653

Read it now on the O’Reilly learning platform with a 10-day free trial.

O’Reilly members get unlimited access to books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial

Book description

The all-encompassing guide to getting smart about the market

While investing is one of the smartest ways to become financially worry-free, making the decisions that get you there can be intimidating and overwhelming. Today's investors have a huge array of options open to them and sorting the wheat from the chaff—and the get-rich-quick Ponzi schemes from the real deal—is an exhausting process. Investing For Canadians All-in-One For Dummies takes the fear out of the complexity by providing you with a clear and honest overview of Canada's unique investing landscape—and shows you how to make it work for you.

Bringing together essential and jargon-free information from Investing For Canadians For Dummies, Stock Investing For Canadians For Dummies, Mutual Funds For Canadians For Dummies, Real Estate Investing For Canadians For Dummies, Day Trading For Canadians For Dummies, Cryptocurrency Investing For Dummies, and Investing in Silver & Gold For Dummies together in one convenient place, this rich resource is an arsenal of techniques and advice for guaranteeing you a secure and prosperous future.

  • Develop and manage a portfolio
  • Find investments that suit your income
  • Get the latest information on tax laws
  • Follow time-tested strategies
  • Invest in gold, silver, and other precious metals

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Introduction
    1. About This Book
    2. Foolish Assumptions
    3. Icons Used in This Book
    4. Beyond the Book
    5. Where to Go from Here
  5. Book 1: Entering the World of Investing
    1. Chapter 1: Exploring Your Investment Choices
      1. Getting Started with Investing
      2. Building Wealth with Ownership Investments
      3. Generating Income from Lending Investments
      4. Considering Cash Equivalents
      5. Steering Clear of Futures and Options
      6. Counting Out Collectibles
    2. Chapter 2: Weighing Risks and Returns
      1. Evaluating Risks
      2. Analysing Returns
      3. Considering Your Goals
    3. Chapter 3: Getting Your Financial House in Order
      1. Establishing an Emergency Reserve
      2. Evaluating Your Debts
      3. Establishing Your Financial Goals
      4. Funding Your Registered Retirement Savings Plan
      5. Taming Your Taxes in Non-Retirement Accounts
      6. Choosing the Right Investment Mix
      7. Treading Carefully When Investing for University or College
      8. Protecting Your Assets
  6. Book 2: Investing in Stocks
    1. Chapter 1: Gathering Information
      1. Looking to Stock Exchanges for Answers
      2. Grasping the Basics of Accounting and Economics
      3. Staying on Top of Financial News
      4. Reading and Understanding Stock Tables
      5. Using News about Dividends
      6. Evaluating or Ignoring Investment Tips
    2. Chapter 2: Going for Brokers
      1. Defining the Broker’s Role
      2. Distinguishing between Full-Service and Discount Brokers
      3. Choosing a Broker
      4. Discovering Various Types of Brokerage Accounts
      5. Judging Brokers’ Recommendations
      6. Robo-advisors and Fintech
      7. Checking Out Canadian Robo-advisors
    3. Chapter 3: Investing for Long-Term Growth
      1. Becoming a Value-Oriented Growth Investor
      2. Surveying Handy Growth Stock Tips
      3. Exploring Small Caps and Speculative Stocks
    4. Chapter 4: Investing for Income
      1. Understanding Income Stocks Basics
      2. Analysing Income Stocks
      3. Exploring Some Typical Income Stocks
    5. Chapter 5: Using Accounting Basics to Choose Winning Stocks
      1. Recognizing Value When You See It
      2. Accounting for Value
  7. Book 3: Investing in Mutual Funds
    1. Chapter 1: What Is a Mutual Fund?
      1. Beginning with Mutual Fund Basics
      2. The Nitty-Gritty: How a Fund Makes You Money
      3. Checking Out Types of Funds
      4. Discovering Where to Buy Funds
    2. Chapter 2: Buying and Selling Mutual Funds
      1. A Few Reasons to Buy Funds
      2. The Perils and Pitfalls of Funds
      3. Load versus No-Load: The Great Divide
    3. Chapter 3: Paperwork and Your Rights
      1. Signing Up
      2. Prospectuses: Not Always Your Friend
      3. Introducing the Management Report of Fund Performance
      4. Surveying Your Account Statement
      5. Annual and Semi-Annual Financial Statements (or Annual Reports)
    4. Chapter 4: Investing in Canadian Exchange-Traded Funds
      1. Comparing Exchange-Traded Funds and Mutual Funds
      2. Choosing an Exchange-Traded Fund
      3. Taking Note of Indexes
    5. Chapter 5: Beyond Mutual Funds
      1. The Good Old GIC: You Know Where You Sleep
      2. Bonds and Strip Bonds
      3. Stocks: Thrills, Spills, and Twisted Wreckage
      4. Income Trusts: No Longer the Taxpayer’s Best Friend
      5. Managed Products: A Fee Circus
  8. Book 4: Investing in Precious Metals
    1. Chapter 1: Beginning with the Benefits and Risks of Metals
      1. Protecting Your Portfolio Against Inflation
      2. Seeing Benefits for Investors
      3. Checking Out Benefits for Traders and Speculators
      4. Recognizing the Risks of Precious Metals
    2. Chapter 2: Going for the Gold
      1. Gold: The Ancient Metal of Kings
      2. Reviewing Recent Trends in Gold
      3. Securing a Safe Haven from the Coming Storm
      4. Checking Out the Gold Market
      5. Meeting a Few Gold Bugs
      6. Digging into Other Gold Investing Resources
    3. Chapter 3: Discovering the Secret of Silver
      1. Understanding the Hybrid Potentials of Silver
      2. Researching Silver
      3. Owning Silver
      4. Focusing on Silver’s Compelling Future
      5. Looking at the Legends of Silver
  9. Book 5: Day Trading
    1. Chapter 1: Waking Up to Day Trading
      1. It’s All in a Day’s Work
      2. Committing to Trading as a Business
      3. Working with a Small Number of Assets
      4. A Few Personality Traits of Successful Day Traders
      5. What Day Trading Is Not
    2. Chapter 2: Making a Day Trade of It
      1. Planning Your Trading Business
      2. Planning Your Trades
      3. Closing Out Your Position
      4. Maxims and Clichés That Guide and Mislead Traders
    3. Chapter 3: Signing Up for Asset Classes
      1. What Makes a Good Day Trading Asset?
      2. Securities and How They Trade
      3. Cash and Currency
      4. Commodities and How They Trade
      5. Derivatives and How They Trade
    4. Chapter 4: Investing, Trading, and Gambling
      1. Understanding Risk and Return
      2. Defining Investing
      3. Talking about Trading
      4. Getting a Grip on Gambling
      5. Managing the Risks of Day Trading
    5. Chapter 5: Understanding Regulations
      1. How Regulations Created Day Trading
      2. Who Regulates What?
      3. Brokerage Basics for Firm and Customer
      4. Hot Tips and Insider Trading
      5. Taking on Partners
  10. Book 6: Cryptocurrency Investing
    1. Chapter 1: What Is a Cryptocurrency?
      1. Beginning with the Basics of Cryptocurrencies
      2. Gearing Up to Make Transactions
      3. Making a Plan Before You Jump In
    2. Chapter 2: Why Invest in Cryptocurrencies?
      1. Diversifying from Traditional Investments
      2. Gaining Capital Appreciation
      3. Increasing Income Potential
      4. Fueling Ideological Empowerment
    3. Chapter 3: Recognizing the Risks of Cryptocurrencies
      1. Reviewing Cryptocurrency Returns
      2. Risk: Flipping the Other Side of the Coin
      3. Glimpsing Cryptocurrencies’ Reward versus Risk
      4. Digging into Different Kinds of Risk
      5. Exploring Risk Management Methods
    4. Chapter 4: How Cryptocurrencies Work
      1. Explaining Basic Terms in the Cryptocurrency Process
      2. Cruising through Other Important Crypto Concepts
      3. Stick a Fork in It: Digging into Cryptocurrency Forks
  11. Book 7: Investing in Real Estate
    1. Chapter 1: Thinking about Real Estate
      1. Investigating Real Estate Investing
      2. Figuring Out Whether You’re Right for Real Estate Investing
      3. Getting into Real Estate Investing
      4. Fitting Real Estate into a Financial Plan
    2. Chapter 2: Exploring Real Estate Investments
      1. Homing In on Residential Properties
      2. Securing Commercial and Industrial Properties
      3. Weighing Condos as an Investment
      4. Dreaming of Recreational Properties
      5. Developing a Taste for Raw Land
      6. Howdy, Partners: Buying into Syndicates
      7. Researching Real Estate Investment Trusts
    3. Chapter 3: Establishing Your Investment Strategy
      1. Studying Market Cycles
      2. Knowing the Market, Knowing Yourself
      3. Selecting an Investment Type
      4. Selecting Advisers
    4. Chapter 4: Pulling Together the Cash: Assessing Your Resources
      1. Assessing Your Financial Situation
      2. Identifying Resources
      3. Working with Professional Financial Partners
      4. Optimizing Saving Strategies and Leverage
    5. Chapter 5: Scouting Properties: Where to Look and What to Look For
      1. Assessing Current Market Cycles
      2. X Marks the Spot: Identifying a Target Market
      3. Selecting a Property
      4. Identifying the Types of Land Ownership
      5. Knowing That a Property’s Right for You
      6. Checking Out Even More Resources for Property Information
  12. Index
  13. About the Authors
  14. Advertisement Page
  15. Connect with Dummies
  16. End User License Agreement

Product information

  • Title: Investing For Canadians All-in-One For Dummies
  • Author(s): Tony Martin, Eric Tyson
  • Release date: December 2020
  • Publisher(s): For Dummies
  • ISBN: 9781119736653