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Their other posts in the index, biggest breakout first.
First, I would make an investment account with a brokerage. You can do this through traditional banks such as CIBC or TD, or there's some really great online institutions such as Questrade or Wealthsimple. I personally invest with Wealthsimple. And if you want to invest with them too, click the link in my bio and they will give you $25 to open an account with them as long as you deposit a minimum of $1 into the account within the first 30 days. Next, I would make sure that I open up a TFSA, tax-free savings account. They will give you options for an RRSP, a non-registered account or a TFSA. A TFSA means that any money that grows into the account, you do not owe the government a cent. I am going to set up a recurring payment into my investment account, so I am going to transfer either $25, $50, $100 or even more to be put into my account bi-weekly. Start with what you can. If this was my first time investing and I had to do it all over again, I would choose an ETF, specifically an all-in-one ETF, and I would probably pick one of these. Then I would leave my account alone. I would not check it every couple days. I would just ensure that bi-weekly on payday, I am investing into my all-in-one ETF. As my income grows, I would continue investing more and more and use an investment calculator to see how much I would need to invest monthly in order to reach a specific goal in 30 or 40 years. If you're on your investing journey, make sure you follow, like and comment for more investing and finance basics made easy for the girls.