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Wealthica's Journey to $100BWe share everything on our journey to $100B aggregated net worth.

Journey Updates

Wealthica Product Update #37

Hey Wealthica users! What's been shipped! Over the past few weeks, our dedicated team has been working diligently to resolve critical connectivity issues affecting RBC Online Banking and Direct Investing . Thanks to their efforts, the necessary fixes and updates have been successfully deployed, addressing the challenges that impacted many users. f you're…

November 29, 20240Comments

ByBilly Kawasaki

Margin Loan and Mortgage_ Major Similarities and Differences

Margin Loan and Mortgage: Similarities and Differences

When you first consider the concepts of margin loan and mortgage, it might feel like you're meandering through a strange and confusing territory. Both are actually types of loans, but they serve distinct purposes and come with their risks and rewards. In Canada, it’s important to understand how these loans work, when to use…

October 26, 20240Comments

ByOreoluwa Fakolujo

Product Features

New: Transactions – Bulk Delete and More Columns

You can now bulk delete transactions by clicking on the check box to the left of the transactions line, or select all using the button below the month header. We've also added more columns that you can display, including Original Currency Amount and Notes. Click on "Display" in order to change your display settings.

October 18, 20240Comments

ByBilly Kawasaki

Maximizing Wealth With Tactical Investing in Canada

Maximizing Wealth With Tactical Investing in Canada

As a smart investor, your goal is to make intelligent decisions that will grow your wealth over time. You may have heard terms like “buy and hold” or “long-term investing,” but another approach that may grab your attention is tactical investing. Unlike a traditional buy-and-hold strategy, tactical investing is a more hands-on approach, allowing you…

October 17, 20240Comments

ByOreoluwa Fakolujo

Understanding Capital Gains Tax in Canada

Understanding Capital Gains Tax in Canada

Understanding capital gains tax is essential for Canadian investors looking to maximize their returns while staying on the right side of the law. Whether you're selling stocks, real estate, or digital assets like cryptocurrency ETFs, capital gains tax significantly determines how much of your profit you'll keep. In Canada, the government taxes only a portion…

September 15, 20240Comments

ByOreoluwa Fakolujo

How Wealthica Can Help You Avoid Financial Mistakes

How Wealthica Can Help You Avoid Financial Mistakes

Managing personal finances can be overwhelming, especially when navigating Canada's unique financial landscape. Canadians face various financial challenges, from understanding the nuances of tax-advantaged accounts like RRSPs and TFSAs to keeping track of investments and debt. Wealthica becomes a powerful ally, helping you avoid common mistakes that could otherwise jeopardize your financial future. By providing…

September 1, 20240Comments

ByOreoluwa Fakolujo

Cryptocurrency ETFs_ A Comprehensive Guide for Investors In Canada

Cryptocurrency ETFs: The Canadian Investor’s Guide

The Canadian market has been at the forefront of the adoption of cryptocurrency ETFs. For instance, the Purpose Bitcoin ETF, launched in February 2021, made headlines as the world's first physically settled Bitcoin ETF. This product allows investors to buy shares that directly correspond to Bitcoin holdings, offering a straightforward way to gain exposure to…

August 20, 20240Comments

ByOreoluwa Fakolujo

Investment Strategies_ A Comprehensive Guide for Canadian Investors

Investing Help and How To

Investment Strategies: The Canadian Investor’s Guide

The quest for financial prosperity often leads investors to explore various investment strategies. Each strategy offers a distinct approach to navigating market complexities, balancing risk with potential returns, and achieving long-term goals. For Canadian investors, these strategies must be tailored to the unique dynamics of the Canadian market, considering factors like tax implications, economic conditions,…

August 3, 20240Comments

ByOreoluwa Fakolujo

making a financial budget

How to Make a Financial Budget

Creating a financial budget is like constructing a blueprint for your financial future, offering clarity, control, and confidence in managing your money. In Canada, budgeting becomes even more crucial as it helps navigate varying costs of living, unique tax implications, and regional economic factors. Whether you're saving for a home in bustling Toronto, planning for…

July 15, 20240Comments

ByOreoluwa Fakolujo

Product Features

🔍 Adjust your Book Value Manually

Adjust your book value manually

May 30, 20240Comments

ByBilly Kawasaki

Journey Updates

Wealthica Product Update #36

Hey Wealthica users! What's been shipped! Over the past few weeks, our dedicated team has been addressing some crucial connectivity issues that arose. Our developers have successfully deployed fixes and updates for Canada Life and PC Financial portals, ensuring seamless integration. If you've encountered any hiccups, we encourage you to reconnect and provide us with…

May 10, 20240Comments

ByBilly Kawasaki

budgeting

Help and How To

Personal Budgeting and Mint Replacement: Why Wealthica Is the Ultimate Finance Tracking App

In today's dynamic financial landscape, managing personal finances effectively is more crucial than ever. With Mint closing, many Canadians are seeking alternatives that offer greater functionality, reliability, and security. Enter Wealthica – the ultimate Mint replacement that not only meets but exceeds the needs of what a modern-day personal finance app in Canada can do.…

March 26, 20240Comments

ByBilly Kawasaki

Wealthica Notifications

Product Features

🔔 New Institution: Koho

We're excited to announce we now support Koho! To connect your Koho account, simply clicking on the +ADD > Banks & Brokerages > Koho.

March 13, 20240Comments

ByBilly Kawasaki

Journey Updates

Exciting Updates Coming Soon: New Personal Budget Features on Wealthica

Are you ready to take control of your finances like never before? At Wealthica, we're thrilled to announce some exciting updates that will revolutionize the way you manage your personal budget. Our upcoming features will empower you to budget with ease and confidence, helping you achieve your financial goals faster than ever before. Why You…

February 23, 20240Comments

ByBilly Kawasaki

Help and How To

NEW: Transaction Rules Feature and Guide

Managing your investment transactions just got easier with Wealthica's new transaction rules feature. Follow this step-by-step guide to set up rules that automate the categorization and editing of your transactions, saving you time and effort. Transaction Rules Feature Guide to Setting Up Transaction Rules on Wealthica 1. Navigate to the Transactions Tab: Open the Wealthica…

February 20, 20240Comments

ByBilly Kawasaki

Unlocking Financial Connectivity: Wealthica Launches Canada’s Most Comprehensive Financial API

Montreal, January 12th – Wealthica, the leading Canadian wealth tracker, announces a significant milestone in its commitment to revolutionize the financial technology landscape. With an expansive network connecting over 150 Canadian financial institutions and brokerages, Wealthica proudly exposes its wealth and bank API, inviting fintechs, financial institutions, consumer apps, and portfolio management systems to seamlessly…

January 12, 20240Comments

ByBilly Kawasaki

Product Features

Mint Export: Seamlessly Back Up your Mint Data to Wealthica (Free)

With the recent announcement of Mint's closure, you are likely seeking a reliable method to backup your Mint Export data and safeguard your valuable financial data. The process of importing your Mint export data into a new platform should be smooth and secure, allowing you to continue managing your finances with minimal disruption. The key…

December 2, 20230Comments

Wealthica vs Mint

Investing Help and How To

Mint vs Wealthica: Net Worth Trackers Compared

I was using Mint for a number of years and have been a Wealthica user for around three years. Initially, I thought that there was not much comparison between Wealthica vs Mint, but in reality they are quite different. Although they are both net worth trackers, Mint is more for day-to-day budgeting and Wealthica is…

November 30, 20230Comments

Wealthica + goPeer Login! Connect FREE with goPeer.

This collaboration brings an exclusive offer to our users and an alternative to keep using Wealthica for FREE. It also enables users to connect their goPeer login with the other banks or brokerage they use. We're excited to announce that we're partnering with goPeer, peer to peer lending canada, so you can get Wealthica Connect (Sync up…

November 21, 20230Comments

what is quantitative investing

From Free to Fee: Wealthica’s Revised Pricing Structure Explained

[Questions & Discussions on Reddit here.] Dear Wealthica users, First, please accept my apologies for the lack of communication related to the pricing structure changes that were implemented this morning. We've been working for months on shifting our model from free to paid, it started with last year's announcement and introduction of the Connect…

November 1, 20230Comments

Your Favorite Stock Tracking App, now with Manual Stock Tracking & Watchlist

We're excited to announce the launch of a much-requested feature: the ability to track stocks manually to your Wealthica account. Hopefully, this makes Wealthica your favourite free stock-tracking app! For years, you have been enjoying the simplicity of automatically loading your own investments and stocks into your investment accounts in Wealthica from the connected brokerages…

September 18, 20230Comments

Journey Updates

Wealthica Update #30: Performance Enhancements, Sunlife, WS Crypto and more!

Hey Wealthica users! What's new... We have made many performance optimizations that makes loading data on the dashboard much quicker. We've also updated our log-in page design and functionality. We added support for Servus Credit Union through Plaid and a new Quertwealth connector through Yodlee for users who only have a Questwealth Portfolio…

July 21, 20230Comments

ByBilly Kawasaki

Journey Updates

Wealthica Update #29: RBC Online Banking, Desjardins and more!

Hey Wealthica users! What's new... We have a new in-house RBC Online Banking (Core) connector that we've made available to all users. You can also now access Stockchase directly from your Wealthica dashboard to explore opinions on your stocks and find new ones that interest you. What we fixed... We’ve been busy fixing bugs…

June 16, 20230Comments

ByBilly Kawasaki

Journey Updates

Wealthica Update #28: Wise Connector, RBC Online Banking, Ledger and more!

Hey Wealthica users! What we fixed... We’ve been busy fixing bugs and making updates to make your investment journey smoother than a freshly paved road. This week, we've resolved a balance issue with Sun Life Financial where users reported their accounts were showing a value of 0. We have now resolved this, and the…

June 9, 20230Comments

ByBilly Kawasaki

Journey Updates

Wealthica Update #27: Sunlife, Fiera Capital, and more!

Hey Wealthica users! What we fixed... We’ve been busy fixing bugs and making updates to make your investment journey smoother than a freshly paved road. This week, we've resolved a major issue with Sun Life Financial where users reported their accounts were showing a value of 0. We have now resolved this, and the…

June 2, 20230Comments

ByBilly Kawasaki