The comprehensive, six-books-in-one package Canadian investors can trust with their money Designed for those investors who are already familiar with the fundamentals of the investment process and are looking to take their finances to the next level, Building Wealth All-in-One For Canadians For Dummies, is a higher-end title that will make diversifying your portfolio—the key to successful investing—a cinch. Offering readers a wealth of information on investment techniques, along with options ranging from stocks and mutual funds to trading on the Foreign Exchange and buying investment properties, the book is:
- Fully up-to-date and packed with current content
- Written by Canadian authors who understand Canadian finances
- Filled with everything you need to know about investing
The ultimate resource for Canadian investors looking to make more profitable investment decisions, Building Wealth For Canadians For Dummies All-in-One is the book you need to take the next step towards increasing your wealth.
Bryan Borzykowski is an award-winning financial journalist, who writes mostly about investing, personal finance and small business. He’s the co-author of Day Trading For Canadians For Dummies and contributes to the Globe and Mail, Business magazine, the Toronto Star, MoneySense and other leading Canadian publications. You can find Bryan at www. bryanborzykowski.com or on Twitter @bborzyko.
Andrew Bell was an investment reporter and editor with The Globe and Mail for 12 years. He joined Business News Network as a reporter in 2001. Bell, an import from Dublin, Ireland, was for 10 years the main compiler of Stars & Dogs in Saturday’s Globe. The roundup of hot and damp stocks and mutual funds was an invaluable therapeutic aid in relieving his own myriad jealousies, regrets, and resentments. He has also taken to the stage, where he practises a demanding "method" that involves getting the audience and other performers as off-balance and upset as possible. He lives in Cabbagetown, Toronto, with his wife and daughter.
Christopher Cottier, BSc, MBA, is a senior investment advisor based in British Columbia. In 1982, he left the world of banking to join the investment industry in Vancouver so he could continue to pursue his love of rugby. More than twenty five years later, he’s still managing money and playing rugby. With Betty Jane Wylie, Christopher is the co-author of The Best Is Yet to Come: Enjoying a Financially Secure Retirement (Key Porter). Christopher was ably assisted by Daniel Quon, BA, who has been awarded the Queen Elizabeth 11 Golden Jubilee Medal.
Andrew Dagys, CMA, is a best-selling author who has written and coauthored several books, including Stocking Investing For Canadians For Dummies and Investing Online For Canadians For Dummies. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes. Andrew has contributed columns to CanadianLiving, Forever Young, and other publications. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes.
Matthew Elder is a writer and communications consultant based in Toronto. Previously he was vice-president, content and editorial, of Morningstar Canada. A Montreal native, he was a columnist and editor specializing in personal finance with The Gazette for 10 years before moving to the Financial Post in 1995, where he was mutual funds editor and columnist until joining Morningstar in 2000.
Lita Epstein, who earned her MBA from Emory University's Goizueta Business School, enjoys helping people develop good financial, investing, and tax planning skills. She designs and teaches online courses and has written more than 20 books, including Bookkeeping For Dummies and Reading Financial Reports For Dummies, both published by Wiley.
Douglas Gray, B.A., LL.B., formerly a practicing lawyer, has extensive experience in all aspects of real estate and mortgage financing. He has acted on behalf of buyers, sellers, developers, investors, lenders and borrowers. In addition, he has over 35 years of personal experience investing in real estate. He is the author of 26 best-selling real estate, business and personal finance books, as well as a consultant and columnist.
Mr. Gray gives seminars on real estate throughout Canada to the public, as well as for professional-development programs for the real estate industry. He has presented to more than 250,000 people and is frequently interviewed by the media as an authority on real estate and small business entrepreneurship. Mr. Gray is president of the Canadian Enterprise Development Group Inc. and lives in Vancouver, BC. His website is www.homebuyer.ca.
Michael Griffis became an active trader in the mid 1980s. He first traded commodities and precious metals after taking a commodities trading class as part of his MBA program at Rollins College. He became a stockbroker in 1992, where he helped businesses and individuals manage investments in stocks, bonds, mutual funds, retirement plans, 401(k) employee-savings plans, and asset management programs. Michael is an author and business owner and has written about stock trading for online audiences.
Ann C. Logue, MBA, is the author of Day Trading For Dummies and Emerging Markets For Dummies. She has written for Barron's, The New York Times, Newsweek Japan, Wealth Manager, and the International Monetary Fund. She is a lecturer at the Liautaud Graduate School of Business at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She has a B.A. from Northwestern University and an M.B.A. from the University of Chicago, and she holds the Chartered Financial Analyst (CFA) designation.
Peter Mitham has written on Canadian real estate for publications in Canada and abroad. He contributes a weekly column of real estate news for Business in Vancouver and writes regularly for Western Investor, a sister publication focused on real estate investment opportunities in Western Canada, as well as Canadian Real Estate Magazine. He has also collaborated with Douglas Gray on The Canadian Landlord's Guide: Expert Advice for the Profitable Real Estate Investor (Wiley).
Paul Mladjenovic, CFP is a certified financial planner practitioner, writer, and public speaker. His business, PM Financial Services, has helped people with financial and business concerns since 1981. He is the author of Stock Investing For Dummies (Wiley) and has accurately forecast many economic events, such as the rise of gold, the decline of the U.S. dollar, and the housing crisis. Paul’s personal website can be found at www.mladjenovic.com.
Introduction 1 Book I: The Basics of Building Wealth 7
Chapter 1: The Basics of Building Wealth 9
Chapter 2: Playing It Safe 23
Chapter 3: Mind your Rs and Ts: RRSPs and TFSAs 39
Book II: Making Money with Mutual Funds 53
Chapter 1: Understanding Mutual Funds 55
Chapter 2: Figuring Out Fees — Discount or Full-Service Brokers? 77
Chapter 3: Surveying Your Fund Options 109
Book III: The Skinny on Stocks 153
Chapter 1: Building Wealth through Investing in Stocks 155
Chapter 2: Gathering and Deciphering Stock Information 177
Chapter 3: Going for Brokers 209
Book IV: Trials and Tribulations of Trading 233
Chapter 1: Trying Out Trading: The Basics 235
Chapter 2: The Fundamentals: Economics and Stock Market Metrics 247
Chapter 3: Nearly Everything You Wanted to Know about Technical Analysis 273
Chapter 4: Money Management Techniques and Trading System Tips 297
Chapter 5: The Skinny on Swing Trading and Derivatives 325
Book V: Delving into Day Trading 359
Chapter 1: Making a Day Trade of It 361
Chapter 2: Regulations and Taxes 393
Chapter 3: Managing Stress and Your Positions 411
Chapter 4: Using Fundamental and Technical Analysis 433
Chapter 5: Leverage and Arbitrage 465
Book VI: Reviewing Real Estate Investing 487
Chapter 1: Introducing Real Estate Investing 489
Chapter 2: Figuring Out Financing 509
Chapter 3: Scouting Properties: Where to Look and What to Look For 545
Chapter 4: Closing the Deal 579
Index 607