Название: Stock Investing For Canadians For Dummies, 6th Edition
Автор: Andrew Dagys
Издательство: For Dummies
Год: 2023
Страниц: 467
Язык: английский
Формат: pdf (true)
Размер: 39.2 MB

The updated guide to investing in any kind of market environment.

Stock Investing For Canadians For Dummies keeps you current as the Canadian stock market, industry, and tax laws go through a series of critical changes. Inside, you'll find expert tips and advice on how to navigate flat, thriving, or declining markets. Plus, this friendly, just-for-Canadians guide will help you minimize risk and maximize your investment returns. This latest edition also covers independent online brokers and robo-advisor services, so you can weigh all your options. With up-to-date references and resources, this book is the most reliable guide for the new stock market investor.

Stock Investing For Canadians For Dummies, 6th Edition, has been nothing less than an amazing writing adventure. It represents our entry into the third decade of helping Canadians navigate the evolving and fascinating world of stock investing. We are grateful we can share our thoughts, information, and experience with such a large and devoted group of Canadian readers. Since our last edition, so much has changed by way of brand-new markets, jurisdictions, and financial vehicles that stock investors can now invest in. In today’s global investing landscape, the opportunities for great gains (and even greater losses) have reached an extreme. In some ways, our current market reminds us of Dickens’s famous novel opener: “It was the best of times, it was the worst of times...”

In terms of the negative realities that face us now — a nervous post-pandemic recovery, international conflict, political tensions, inflation, high interest rates, employment and economic instability, and so on — these seem like the worst of times. Yet when we think of the investment opportunities driven by emerging industries as well as new and powerful financial technologies to improve investing and risk management, we are encouraged. Financial technology innovations such as robo-advisors, stock selection tools that use artificial intelligence, and new ways to easily access the world of the blockchain have captured the imagination, and finances, of the stock market. New and unique industries and trends like cannabis, decarbonization, technological innovation, the sharing economy, and labour transformation have expanded the stock market playing field and created exciting stock-investing opportunities for Canadians. Some trends are also reigniting traditionally “Canadian industries” like natural resources, banking, and services. It’s clear these can also become the best of times.

At the time of this writing and by most measures of performance, the combined value of U.S. and Canadian stocks has reached record levels. This is despite recent market volatility during and after the pandemic, wars, crazy living costs, and a really stressed-out and sometimes scarce labour force. There are likely a multitude of reasons but a key reason is that more Canadians realize that investing at least a portion of savings in stocks is not just a “fun-to-know pastime” but rather an “essential life skill” and a clear and present path to help you stay ahead of inflation and also help you reach your personal goals.

Invest successfully in a challenging post-pandemic environment that includes international tension, high interest rates, and economic instability
Take advantage of trends like the sharing economy, fintech, Web 3.0, decarbonization, cannabis, and more by investing in companies that lead the innovation charge
Understand unique Canadian investment segments and situations
Learn how to minimize your investing risks
See how to invest during periods of inflation
Get timely examples and unique perspectives straight from the real-world stock market

Stock Investing For Dummies is perfect for readers new to investing in the stock market who are looking for a comprehensive guide to making sure their investments grow.