The market is down right now (not new news, we’ve been seeing this all year!), and everyone’s telling you how to invest when a recession could be on the horizon. We’re going to be covering some of the different investment options that you could consider and that are being suggested, what those options mean, and letting you decide what the right option really is for you. Remember: if you’re a long-term investor, it’s important to be consistent and not panic when the markets are down, because historically they’ve always gone back up.
0:00 Recessions are a great time to make money
1:42 The best days in the market come after the worst
3:43 Everyone’s telling you how to invest right now
4:01 High Interest Saving Accounts
5:07 iBonds aka Savings Bonds
6:42 Individual Stocks (Blue Chip Stocks)
9:31 ETFs aka Exchange Traded Funds
10:41 Dividend ETFs
11:34 What are we investing in right now?
EQ Bank – Our High Interest Savings Account – https://click.linksynergy.com/fs-bin/click?id=Xoa5MXyunCM&offerid=1115263.5&type=3&subid=0
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Wealthsimple Trade – Our Favourite Stock Trading Platform ($25 bonus) – https://wealthsimple.sjv.io/yRARNB
Neo Financial – Our Cash Back Credit Card ($50 bonus) – https://join.neo.cc/stephandden
Simplii Financial – Our No Fee Checking Account ($350 bonus) – https://api.fintelconnect.com/t/l/61f833f8d3ab7f001d626cb8
Questrade – Low Fee Investment Platform Canada ($50 in commission free trades) – https://www.questrade.com/campaigns/qbaffl50t102?refid=600865520987c&a_bid=bff58c70
M1 Finance – Low Fee Investment Platform USA (Up to $500 free) – https://m1finance.8bxp97.net/DVq3gd
Borrowell – Free Credit Score Check – https://api.fintelconnect.com/t/l/612d3fe6cb45d3001d5ece04
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Disclaimer – This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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