Glossary
An electronic bundle of investments (like a mutual fund) that you can buy or sell like a stock.
What is an ETF?
TFSA stands for?
What is Tax-Free Savings Account
This Canadian entrepreneur is the CEO and co-founder of Wealthsimple.
Who is Michael Katchen?
This simple strategy spreads your money across different investments so one bad day doesn’t ruin everything.
What is diversification?
This major financial event began in 1929 and led to a worldwide economic depression.
What is the Wall Street Crash / the Great Depression?
A collection of investments (such as stocks, bonds, and mutual funds) held by an individual or entity.
What is a portfolio?
2025 TFSA Contribution Limit
What is $7000
This legendary American investor is known as the “Oracle of Omaha” and built his wealth through long-term value investing.
Who is Warren Buffet?
This is what it’s called when someone constantly buys and sells based on daily price changes, thinking they can time the market.
What is day trading / trying to time the market?
This event in more recent history was triggered by the collapse of the U.S. housing market and affected investors around the globe.
What is the 2008 global financial crisis?
The profit realized from selling an investment for a higher price than the original purchase price.
What is a capital gain?
This is the largest Robo-Advisor in Canada
What is Wealthsimple
This woman is the youngest "self-made" billionaire according to Forbes in 2019, thanks to her cosmetics empire.
Who is Kylie Jenner?
Using a robo-advisor and setting up automatic monthly contributions is an example of this smart, low-stress investing strategy.
What is passive-investing?
In 2021, retail investors on Reddit caused a historic short squeeze on this video game company’s stock.
What is Gamestop?
Interest that earns more interest over time — your money builds on itself.
What is compound interest?
This is the main stock exchange in Canada where companies like RBC and Shopify are traded.
What is the Toronto Stock Exchange?
This French business magnate is the CEO of LVMH, the world’s largest luxury goods company, and was once the richest person on Earth.
Who is Bernard Arnault?
This strategy involves regularly investing the same amount no matter what the market is doing — a calm, cool move.
What is dollar-cost averaging?
In 2021, this cryptocurrency hit an all-time high of over $60,000 USD, fueled by media buzz and major investor attention.
What is Bitcoin?
Money a company pays you just for owning their stock — kind of like a thank-you for investing.
What is a Dividend?
This government-registered account is designed to help first-time homebuyers save for a down payment.
What is a First Home Savings Account (FHSA)?
This powerful American financier helped stabilize the U.S. economy during the Panic of 1907 and later founded a bank that still bears his name. Bravo fans might recognize the last name from Real Housewives of New York.
Who is J.P. Morgan?
: Smart investors do this when markets are volatile, instead of reacting to headlines or social media hype.
What is tune out the noise?
In 1999, Canada’s five-dollar bill was redesigned to feature this former Prime Minister, who played a major role in creating the Bank of Canada and leading the country through the Great Depression.
Sir Wilfrid Laurier?