Newcomer

Investing Basics — TFSA, RRSP, FHSA & RESP

By year 2 in Canada, many newcomers have a paycheque, an emergency fund, and a question — 'should I be investing?' The right account often matters more than the right stock. This course explains the four most useful Canadian tax-advantaged accounts and how to open and use them. General information, not financial advice.

8 lessons · 3 open to everyone · About 3 hours · Level: CLB 6 · By Newcomer

Lessons

  1. Investing vocabulary: contribution room, return, dividend, GIC — Open to everyone
  2. TFSA — what newcomers should know — Open to everyone
  3. RRSP — when (and when not) to use it — Open to everyone
  4. FHSA — first home savings for newcomers — Free account
  5. RESP — investing in your kids' education — Free account
  6. Listening: Robo-advisors & Canadian brokerages — Free account
  7. Avoiding mutual-fund traps — Free account
  8. Quiz: Investing basics — Free account