Below are recommendations for products and services I like*
Investing
- WealthSimple Robo-Advisor: As they say, it’s “Investing on autopilot”. Ideal for beginners who want to get into investing and build a hands-off portfolio of low-cost globally diversified funds, or for those that just prefer to do other things than worry about their investments.
- WealthSimple Trade: Trade stocks at no cost / zero commission. Great if you want to buy a small amount of shares in companies on a regular basis.
- Wise: With Wise, you can hold money in 40+ currencies, and convert between them at the real exchange rate whenever you need. It’s free to sign up, and there are no monthly fees. I use it while travelling internationally to spend in local currencies with my Wise card or Wise on my smart phone. Click the link to use my promo code to get zero fees on a transfer up to CA$800.
- Borrowell: I use Borrowell to check my credit score for FREE. Use my referral link to sign up today.
- Airalo: Get US $3 off your first purchase with my referral code: CHRIST45999. I us Airalo as my go to e-sim provider while traveling internationally so I can have access to data on the go without incurring expensive roaming fees. Great rates and great service. Easy to use. Zero issues to date.
- Addy: This platform enables investors who don’t want the hassle of being a landlord and/or who can’t afford pricey residential real estate, to gain access to real estate investing for as little as a $25 annual membership (something Addy recently added to their platform in terms of an upfront membership fee – note there are properties you can access without paying the membership fee but you’ll have access to fewer properties to invest in). Click my referral link.
- Wealthica: A secure way to track all your investments and progress in one place, including net worth, dividend, distribution (from Real Estate Investment Trusts (REITS) for example), and interest income, etc. They also produce handy visuals so you track your financial independence goals in a visual way. (I use Wealthica everyday and I highly recommend it for my Canadian friends/readers. Use my promo code: WDDividendDaddy10 and get 10% off the yearly premium subscription).
- Questrade: A solid platform for investors looking to purchase individual stocks and ETFs. Fees are low to purchase stock compared to higher fees traditionally found to purchase shares through traditional big bank platforms and ETF purchases are free. My referral code: 815820681448330
- Passiv: Passiv turns your brokerage account into a modern portfolio management tool. Build your own personalized index, invest and rebalance with the click of a button, and seamlessly manage multiple accounts.
- Genki: Every country. Any doctor or hospital. They’ve got you covered. Greatl for digital nomads or for extended travel of any length. My referral link: https://genki.world/with/2033
Personal Banking
- Simplii Financial: Tired of paying monthly fees for chequing accounts and paper cheques but still want easy access to bank machines at no cost? Simplii Financial allows unlimited bank machine transactions at CIBC bank machines and no cost banking.
Reading
I have read more online when it comes to investing and financial independence but there are a few books I’ve read and would recommend (paid affiliate links):
- Die with Zero
- The Wealthy Barber
- Retirement Income for Life: Getting More Without Saving More
- Rich Dad Poor Dad
- Your Money or Your Life
[feather_share]
Disclaimer: This page contains affiliate links. I may get a small commission if you sign up through a link. My thanks in advance.
*Some services may only be available to Canadians