In an era where investing is becoming increasingly accessible, fractional shares—often referred to as "stocks by the slice"—have emerged as a significant tool for both novice and experienced investors. With platforms like Fidelity leading the charge, the concept of dollar-based investing is revolutionising how individuals approach their financial growth. Fractional shares allow you to purchase a portion of a stock rather than a whole share, enabling investment in high-priced stocks that may have been previously out of reach. This innovative approach breaks down financial barriers, making it easier for younger investors or those on tight budgets to enter the stock market. By investing in fractional shares, you can diversify your portfolio more effectively and spread your investments across multiple companies without needing massive capital. With Fidelity’s user-friendly platform, you can easily start your investing journey, regardless of your financial situation, and watch your financial dreams turn into reality!

Investing in index funds has gained immense popularity among retail investors, thanks to their low costs and diversified risk profiles. These funds offer exposure to a broad selection of stocks while allowing investors to reap the rewards of overall market performance. One crucial aspect to consider when selecting an index fund is its expense ratio— the annual fee as a percentage of assets managed. This article dives into the seven best index funds with expense ratios under 0.05%, making them appealing options for savvy investors seeking financial growth. With low expense ratios directly affecting your returns, focusing on these funds can help maximise your investment gains over time. Choices like the Vanguard S&P 500 ETF (VOO) and Fidelity Zero Total Market Index Fund (FZROX) not only underscore the importance of low fees but also cater to various investment strategies, from broad market exposure to international diversification. By prioritising these funds in your portfolio, you can build a strong financial foundation while keeping costs to a minimum. Start your investing journey today!

Investing is vital for financial growth, yet many Canadian investors find high fees from actively managed funds diminishing their returns. Enter index funds—an increasingly popular alternative that offers low costs, simplicity, and an effective way to mirror market performance. Designed to track specific market indices, these funds operate under a straightforward model that leads to lower expense ratios and higher potential returns over time.

With a range of low-cost options available, such as the Vanguard FTSE Canada All Cap Index ETF and the BMO S&P/TSX Capped Composite Index ETF, Canadian investors can now access diversified portfolios without the burden of hefty fees. These index funds not only mitigate risk through broad market exposure but also favour a 'buy-and-hold' strategy that can significantly outperform more actively managed counterparts in the long run. Understanding the benefits of index investing and leveraging resources like Tax-Free Savings Accounts can empower Canadians on their journey to financial growth, all while keeping costs firmly in check. Happy investing!