A detailed analysis of all the ways to invest
This new course will show you all the different options you have when it comes to investing your money. It will cover 10 different types of accounts with a whole range of different investment strategies. They are all actual investment accounts that the instructor has opened with his own money.
We’ll look at a full-service broker (Manulife Financial), a robo-advisor (Wealthsimple), five discount brokerages (Questrade, Qtrade, CIBC Investor’s Edge, RBC Direct Investing, and TD Direct Investing), a deposit broker (Fiscal Agents), a bank branch mutual fund account (TD bank branch) and even a cryptocurrency account (Wealthsimple Bitcoin).
We’ll cover all the different types of portfolios that you can have from ultra-conservative to ultra-aggressive. This will include balanced accounts at a full-service broker and a discount broker. An auto-balanced exchange-traded fund (ETF). An aggressive portfolio run by a robo-advisor. An account consisting only of an equal weight banks index ETF. The safest account you can have which is a laddered GIC strategy that has zero exposure to the stock market. An account consisting solely of a bond ETF. An account consisting of one bank mutual fund recommended by a bank branch advisor. We’ll even look at a stock portfolio picked by random dart throws! And a cryptocurrency account consisting of 100% in bitcoin.
At the end of the course, we’ll have a contest that will rank each of the 10 portfolios’ average annualized returns for the past 5 ½ years from the best return to worst. It’s likely you’ll find the results surprising.
Writer, Trainer, On-demand Course Developer and Acclaimed Author
David Trahair, CPA, CA, is an author, trainer, and eLearning developer who creates on-demand video courses for CPAs across Canada. His courses cover topics including personal finance, ethics, AI, and Microsoft Excel. David is also the author of six personal finance books, three of which are national bestsellers. Through his firm, he helps CPAs build practical skills through engaging, self-paced learning.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
