Financial Flavors

It is hard to find the best Canadian Savings Account with good interest rate in Canada. We have been using EQ Bank High Interest Savings account for the past 3 years and happy with their service so far.  EQ Bank is insured by Canada Deposit Insurance Corporation (CDIC), what this means is that your deposits are insured by CDIC up to $100,000 per account category. Add caption What is EQ bank? EQ Bank is the online part of Equitable Bank which has been in business for 40+ years.  EQ Bank is an online bank that offers high-interest savings accounts ( EQ Bank Savings Plus Account) and guaranteed investment certificates (GICs). Why EQ Bank is so Popular? EQ Bank is one of the best high interest savings accounts in Canada and easily beats what all of the big 5 banks are offering. They have 2.0% interest on your everyday saving account, and also on their GICs.  It is federally regulated and CDIC insured. I opened up my account last year and satisfied with their service. One of t...

These Motivational Inspirational Quotes About Life have the power to get us through tough times andbrighten up our day. Life can be challenging at times, it will break you down at unexpected time. And just when you think things are going smooth, it just smack you back down again I hope these encouraging quotes lift you up and keep you strong in the midst of adversity. These words are from some of the greatest men and women who ever lived on this earth. Add caption

If you are a beginner or learning on  How to Start Investing In Stocks  then this guide will be a great source of information.  I have been investing in stock market for more than 10 years and wanted to share this powerful all in one guide including the basics such as what is dividend stock? Price is what you pay. Value is what you get. Risk comes from not knowing what you are doing Rule No. 1: Never lose Money Rule No. 2: Never forget rule No.1 --Warren Buffet Why stock investing is popular? The returns on safe investments are very low these days. For e.g Interest on regular savings account, GICs are very low. Income from dividends. Owning companies (stocks) that pay out a portion of their earning to shareholders in the form of dividends, have history of increasing their dividend annually. It’s a passive Income, you get your dividends in every month or quarter based on the stock. Examples in Canada, these companies continue to pay dividend to their share holders: Fortis ...