How do ETFs work?
Your guide to how ETFs work and whether this type of investment is right for you.
Read more…Stock forums in Canada cater specifically to our economy, laws and stock exchange. There are a multitude to pick from whether you’re just starting to invest or a veteran who wants to share their knowledge.
Here are our picks for the best Canadian and international stock forums of 2024.
More than 200,000 members interested in market opportunities share dozens of posts each day, making this the largest stock forum on our list. Articles, discussion threads, breaking news and general advice can all be found on the Canadian Investor subreddit. Reddit’s Canadian Investor page is one of the best stock forums around for those looking to get as much information as possible in a short amount of time.
You can even use Reddit’s own advice to potentially buy stocks in Reddit itself. The company is reportedly planning an IPO, although the rumours have yet to be confirmed. Click here to check out our guide on how to buy Reddit stock if the company goes public.
Remember that Reddit is completely anonymous and other users may not have your best interest at heart though.
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Posts and advice about real estate, stock portfolios, taxes, retirement and investing are shared by more than 160,000 users daily. You can navigate this stock message board on your own or find some of the top users to hopefully get some more substantial advice. Like Reddit, users are anonymous and can add anything they like to the conversation, so always double-check your information.
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What started as a website for sharing sales and deals has evolved into one of the most useful resources for all things money on the Internet. RedFlagDeals now covers investing and personal finance on its forums, with more than 250 pages worth of posts since 2010. This stock forum is packed with thousands of posts that dive into how to properly invest and grow the money you might’ve saved already with RedFlagDeals.
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One of the smaller options for Canadian stock forums, Stockaholics’ members discuss everything from penny stocks to trade journals and even crypto trading. If you’re looking for a slightly older crowd than you’d normally get on r/WallStreetBets, you might want to check out this forum. For a quick read on what penny stocks are and how they work, check out our guide here.
The site’s TIFU forum even lets users share their trading blunders for readers to get a laugh at their expense.
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The Lion is a solid resource for both the depth of forum posts and its links to informative and relevant articles. The homepage is simple and easy to navigate although some readers may find the text size to be small.
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Operating for over 9 years, this forum now has 9 million users euphemistically termed “degenerates.” That number has grown from 5 million just a couple of weeks before writing.
This Reddit forum is one of the most active out there. It has been responsible for some of the largest speculative gains (some would say mania) in stock history. For that reason, caution is advised when using this forum as a tool for information on investing.
Despite this, it’s well worth a look, even if just for entertainment purposes.
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Response | Prefer Not To Say | Middle Income | Lower Income | High Income |
---|---|---|---|---|
I do not use any investment services | 45.24% | 30.81% | 47.76% | 26.9% |
Financial advisor | 26.19% | 36.13% | 24.04% | 37.59% |
Micro-investment app | 21.43% | 6.44% | 8.33% | 7.93% |
Full-service stock broker | 19.05% | 8.68% | 8.97% | 7.93% |
Cryptocurrency exchange | 11.9% | 14.57% | 13.46% | 18.62% |
Portfolio management service | 11.9% | 12.89% | 11.86% | 11.38% |
Other investment app | 7.14% | 8.12% | 8.97% | 15.17% |
Robo-advisor | 7.14% | 9.8% | 6.41% | 7.93% |
Share trading platform | 7.14% | 15.41% | 11.22% | 14.83% |
CFD trading platform | 2.38% | 6.44% | 6.73% | 5.86% |
Once you’ve read up on what it takes to get into stock trading, check out popular stock trading platforms below, or check out our guide to the best trading platforms in Canada.
Your guide to how ETFs work and whether this type of investment is right for you.
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