Passive Investing For Canadians: Demystifying Stock Market Investing For Beginners
Passive investing for Canadians is a strategy focused on long-term wealth growth with minimal effort. By investing in low-cost index funds or exchange-traded funds (ETFs), Canadians can gain broad exposure to the stock market without the need for constant monitoring or active decision-making. This approach is ideal for those seeking to build wealth steadily over time, leveraging the overall growth of the market rather than trying to outsmart it. Passive investing eliminates the need for stock picking or frequent trades, offering diversification and lower fees compared to active investing. For Canadians, this strategy is also tax-efficient, especially with the use of registered accounts like the RRSP or TFSA, which can enhance growth by sheltering gains from taxes. With the right mix of funds, passive investing can offer an easy, low-maintenance path to financial security.
Customer Reviews
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
