Category: Finance


Becoming a Shareholder Without Being Rich

RaeWritten by:

Let’s say that you have a lot of money that you want to invest but at the same time, you aren’t filthy rich either. Now, you may want to invest in some small stock from a big company which you know will pay off in the long run. That’s an ideal situation which may not come to you unless you have money riches in luck than you do in money. Here’s a thought – why not invest in penny stocks from small companies with big potential.

If you’ve heard the term ‘penny stock’ before, then you’ve already read your share about the risks associated with these kinds of stocks. These stocks aren’t very easy to sell. A lot of times they’re hyped up through false rumours about the company they’re from so you could fall for a trap. There are many red flags associated with the term, which is why no one will advise you to invest in penny stocks but then again, these stocks can also return huge profits, if you were smart about investing in them. You can read penny stock reviews and testimonies at before you invest for example, here are a few reasons why you should invest in them.

You Could Win Big Tomorrow

Penny stocks are so called because of their insanely low trading prices but if you play your cards right, you can gain big money from these stocks. You’ll have to do your homework for this, if you don’t then you’ll more than likely end up with a bad stock.

Fast Returns

If you invest in a penny stock that’s actually got a future, then you can reap returns from it in a matter of days, as opposed to the years it takes for regular stocks to go up.


Opening an RESP For Your Child

RaeWritten by:

As a parent, we want to ensure that we are doing everything that we possibly can to ensure that are children are healthy, happy and successful throughout their entire life. So, we start researching on the best foods to give them from an early age, how to raise them properly, getting them whatever they want to the best of your abilities and so on. Similarly, another thing that you do have to start preparing for is your child’s future. A child cannot be expected to know what is right or wrong for them, or what they need to do in order to be successful.

It is your job as the parent to guide them, and make it possible for them to have access to things that will ensure a more successful future for them. So, when your child enters school, you try to make sure that they are keeping up with their studies and have good grades. Now, what a lot of parents forget about or overlook is their children wanting to continue college after high school. A post-secondary education will be really beneficial for your child, especially when they go out and find jobs.

College happens to be really expensive, so you have to start saving up beforehand. Now, rather than opting for a standards savings account, you should instead, opt for a Registered Education Savings Plan instead. An RESP is a government initiative that has collaborated with multiple companies like Knowledge First Financial throughout the country in order to ensure that children throughout the country, belonging to all types of income backgrounds have a chance at pursuing a college education. An RESP will allow you to save money a lot of quicker, and you will be more likely to afford your child’s education through it.