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The earlier you invest in your RRSP the betterDRIPs make it easy to re-invest dividends automatically Keep your money invested, re-invested and compounding, by setting up a dividend reinvestment plan ("DRIP") for dividend-paying stocks that you own. With a DRIP, stock dividend payments are automatically used to buy more shares in the company. No commissions are charged for DRIP share purchases... For each of your accounts, you’ll see a list of DRIP-eligible securities... Share to Related Articles What kind of investor are you? How to Discover Stoc
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Good Habits can Help you Invest for Your RetirementAlterna - Good Habits Can Help You Invest For Your Retirement Good Habits Can Help You Invest For Your Retirement By Qtrade Guided Portfolios® December 20, 2021 Investing Learn 5 good habits of successfu... The sooner you make it a priority to invest for retirement, the better... Proper diversification is essential for your retirement portfolio... The normal ups and downs of the markets can trigger fear and greed, which cause people to do the opposite of the basic formula for success: buy low, sell high
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What Kind of Investor Are You?Alterna - What kind of investor are you? What kind of investor are you? By Qtrade Direct Investing® October 18, 2021 Investing Whether you are investing for retirement or for other financial goals, it's important to know wh... For example, if you plan to borrow money from your RRSP to buy a home within the next year, then you have a short-term time horizon, and safety of principal is paramount... If you're building your RRSP portfolio for retirement in 20 years, then you have a long-term time horizon
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Get Investment and Loan ReadyMicro and smaller businesses can have unique financial requirements and require special consideration for funding... Outline your business structure and your plans for future growth... Develop strategies for acquiring new clients and building a solid customer base... For more information on Alterna’s support for small businesses and entrepreneurs or to request a copy of our Community Microfinance Business Plan Template and Cash Flow Statement, connect with our Community Microfinance team at microfinance
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Financial Tips for Empty NestersAlterna - Financial Tips for Empty Nesters Financial Tips for Empty Nesters By Alterna Team January 18, 2022 Life Events Everyone has financial milestones throughout their lives, but one rarely discussed is the transition to becoming an empty nester... For some homeowners this can be a significant amount of money and you want to make sure it goes to work for you, rather than sitting in a bank account earning minimal interest... They take care of every step of the process including collecting, apprais
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Pros and Cons of Term DepositsWhat are the benefits of a term deposit? Here are just a few great reasons to consider a term deposit for your balanced portfolio... This prov... There is something for everyone. We can help you go through your options to see what term investment makes the most sense for your savings goals... If you’re not sure if a term deposit makes sense for your short and/or long-term goals, we’re here to help. Make an appointment and we will walk through our savings solution and see if a term deposit is right for you
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Why you Should Have a TFSAAlterna - Why you should have a TFSA Why you should have a TFSA By Alterna Team February 11, 2022 Investing Many people think a Tax Free Savings Account (TFSA) is mainly for retireme nt savings, but it’s a great tool for both short and long-term savings goals... What is a TFSA? A TFSA is a savings account that offers tax-free growth for funds that can be used for retirement savings or shorter-term needs... Ready to open a TFSA? Book an appointment or come into a branch today! *Dependent on the types