Investing is a tried-and-tested method of making your money work for you. If you invest your money regularly, you might be able to increase it many times over time.
Because of this, it is vital to start investing as early as you can. This is particularly true if you’ve got the extra money for it. One great place to start is the stock market.
However, you should keep in mind that there are a lot of things you need to learn first before you can achieve success in investing.
So, where can you learn the proper way of investing? Well, with the help of investment courses. One investment course you should consider in Wealthsimple Investing Masterclass.
However, is it a legitimate course? Will it teach you all you need to know to master investing? Is it a scam? In this review, we’re going to find out.
Disclaimer:
This Wealthsimple Investing Masterclass review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Wealthsimple Investing Masterclass Package Review
The overview and rankings
Name: Wealthsimple Investing Masterclass
Founder: Wealthsimple
Type: Investing Course
Price: Free
Best for: Beginners in Investing
Summary:
Wealthsimple Investing Masterclass is one of the best investing courses for beginners out there. However, is it really the best? Will it really help beginners understand the stock market? Perhaps it’s just a marketing tactic to help promote their platform. In this review, we’re going to find out.
Make Time Online Rating:
50 out of 100
Recommended: No
What is Wealthsimple Investing Masterclass about?
For those who don’t know, Wealthsimple is an online brokerage platform that enables people to establish and manage their investment portfolios.
As of today, the company is managing $8.4 billion in assets from 1.5 million clients across the globe. Wealthsimple has been around since 2014.
However, that is not what we’re going to address in this review. Aside from being an online brokerage platform, Wealthsimple also offers an online course called “Wealthsimple Investing Masterclass”.
The course is simply a series of 10 short videos that talks about investing. It’s a free course that you can watch online to learn the basics and fundamentals of investing.
Check out this 3-minute video to know more about this course...
Let us then know the person who started this all...
Who is Michael Katchen?
Michael Katchen is the founder and CEO of Wealthsimple Financial Inc. He established the company in September 2014, in Toronto, Canada.
The company is backed by “The Power Financial Group”. It’s one of the biggest financial companies in the world. Since launching in 2014, the company has been creating a lot of waves and winning accolades.
Today, Michael Katchen is one of the leading figures of technological innovation. As the CEO and founder of Wealthsimple, Michael redefined investing for younger individuals.
How does Wealthsimple Investing Masterclass Work?
Just like any other online course out there, Wealthsimple Investing Masterclass is broken down into 10 different lessons.
Each lesson tackles various topics about investing, from understanding the stock market to finding the right financial advisor.
As a student, all you’ve got to do is to watch the video, take notes, and learn how to invest.
Aside from lessons, the course also offers real tools that you can utilize to help make your investing journey a lot less complicated.
Inside Wealthsimple Investing Masterclass
Now that you know how the course works, the next thing you should know about this course is its content.
Unlike other online courses, Wealthsimple Investing Masterclass is quite short. It’s only a series of 10 short videos. The longest video lasts 8 minutes while the shortest one lasts 2 minutes and 19 seconds.
Overall, you’ll need at least 1 hour to finish the whole course.
Lesson 1: The Stock Market
This lesson is for every person who wants to learn how to invest but has no idea how the stock market works.
This lesson will teach you the difference between passive and active investing. You’ll also learn the difference between buying stocks in bulk and picking individual stocks.
The first lesson is only 2 minutes and 59 seconds long.
Lesson 2: Investing 101
In this lesson, you will learn the difference between passive and active investing, the two main investing concepts.
You will learn how to avoid the biggest mistakes rookies make when investing for the first time. Aside from that, this lesson will also bust some myths about investing.
This lesson is 3 minutes long.
Lesson 3: Saving vs. Investing
In lesson 3, you will learn why investing and saving are two extremely different, but very powerful tools. The lesson will teach you how to get the most out of your savings account to achieve short-term goals.
You’ll also learn why investing is the better tool for enjoying your retirement.
This lesson is 2 minutes and 41 seconds long.
Lesson 4: The Simple Rules for Investing
In this lesson, you’ll learn everything you need to know on how to be a better investor. This lesson will teach you the 5 simple rules to establish a better portfolio and lower your fees.
This lesson is 8 minutes long. It’s the longest lesson in the course.
Lesson 5: The Waterfall Method
In this lesson, you’ll learn the step-by-step process of holding your money. The lesson will also tackle vital topics such as how to be tax-efficient, taking advantage of free money from your employer, and getting rid of debt.
This lesson is 4 minutes and 48 seconds long.
Lesson 6: Automating Your Finances
In this lesson, you’ll learn how to automate your finances so you never find yourself choosing between funding your future or buying a new pair of shoes.
This lesson is 3 minutes and 9 seconds long.
Lesson 7: Should I Pay Someone to Help Me?
Once you finish all the previous lessons, you are now ready to start investing. In this lesson, you’ll learn all the pros and cons of hiring an advisor to invest for you.
This lesson will teach you what to look for in an advisor and what advisors to avoid. You’ll also learn everything you need to know if you want to do it on your own.
This lesson is 3 minutes and 53 seconds long.
Lesson 8: Socially Responsible Investing
This lesson will teach you how you can invest in the stock market and still keep your values at the same time.
From social equity to clean energy, this lesson will teach you why Socially Responsible Investing is an excellent choice for any person looking to do well and do good.
This lesson is 2 minutes and 19 seconds long.
Lesson 9: When It's Actually Okay to Pick Stocks
In this lesson, you’ll learn more about diversified ETFs, low-cost ETFs, and long-term ETFs. It will also teach you why it’s okay to purchase a bit of cryptocurrency and choose a weed stock.
Lesson 9 is 2 minutes and 37 seconds long.
Lesson 10: How Much Do I Need to Retire?
In this lesson, you’ll learn a couple of easy-to-remember financial benchmarks. In addition to that, this lesson will also teach you not to panic when something goes wrong.
This lesson is 2 minutes and 36 seconds long.
Check out this short 3-minute video that talks more about the course in deep detail...
How to Join Wealthsimple Investing Masterclass
Joining this course is quite easy. This is particularly true since their website is easy to navigate.
First, open your favorite browser and go to your preferred search engine. Next, simply type in “Wealthsimple Investing Masterclass” on the search bar of your search engine and hit enter.
After that, the search engine should give you the results of your query. The first result should be from Wealthsimple.com. Click the first result.
After that, you’re good to go. You don’t have to register or input your payment details. Simply scroll down, click on a lesson, and you’re done.
Wealthsimple Investing Masterclass cost to join
One of the biggest advantages of this online investment course is that it is completely free. Yes, you’ve read it right. You don’t have to pay anything to get access to this course.
Aside from having zero fees, you also don’t need to create an account when you join. This makes this course one of the most accessible online courses in the world.
Wealthsimple Investing Masterclass reviews online
Wealthsimple Investing Masterclass is an Investing course that teaches you all there is to know about investing in the stock market and how you can use it to expand your skillset and make money online.
But is it any good?
The only way to know this is to read reviews from people who have tried it by themselves...
Common positive Wealthsimple Investing Masterclass reviews
- The customer service is amazing.
- Best investing-for-dummies series.
- Well delivered and excellent presenter.
The following comments below are the common positive reviews you’ll find online:
- “I love Wealthsimple! Amazing Canadian company making it simple to invest. The customer service is amazing too. Thanks for all the educational videos and articles and for making us rich.”
- “Seriously one of the best darn and entertaining investing-for-dummies series I've watched!”
“Great Series - well delivered by an excellent presenter with sense of humor as well as educating in financial areas and terminology”
Common negative Wealthsimple Investing Masterclass reviews
- Some things should be clearer.
- There is no Step-by-step teaching.
- There needs to be a diverse array of teaching methods.
And here are the best negative reviews I seen:
- “There is a lot of mistakes, some things should be clearer for us, you should to teach as a person who teaches a beginner, we are just not professional”
- “I hate this course because it is very poor and there is no Step-by-Step teaching for beginners. Really boring Ideas and incomplete Instructions."
- This content is difficult enough for a person who is just starting out, but there needs to be a diverse array of teaching methods in a course to engage all learners. Teaching methodologies need to be applied for optimal delivery of information.”
Is Wealthsimple Investing Masterclass a scam?
So, is Wealthsimple Investing Masterclass a scam? Well, the answer is a big no. It’s not a scam. This course is free and you don’t have to pay anything to get access.
Even though it’s free, the course still contains tons of information that can help beginners understand the basics of investing and the fundamentals of the stock market.
If you’re worried that this course is a scam, you shouldn’t be. You don’t have to pay anything for it. It doesn’t even require you to create an account.
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Wealthsimple Investing Masterclass pros
Here are some of the best things that I discovered when reviewing Wealthsimple Investing Masterclass...
#1 Easy to access
This course is perhaps one of the most accessible courses online. The website is very easy to navigate. Each lesson is easy to find, you can proceed to the next lesson with just a click of a button.
In addition to that, you also don’t need an account to get full access to the course.
#2 Free
Another big advantage of this course is that it’s free. You don’t need to pay anything for it. You don’t need to input your bank details.
#3 Short and entertaining videos
When learning online, one of the biggest challenges is staying focused on the lesson. Unfortunately, this is extremely difficult to achieve when the lessons are too long.
Fortunately, that isn’t the case with this online course. Every video is short and entertaining. Thus, it easily captures your attention so you won’t get bored watching it.
Wealthsimple Investing Masterclass cons
And here are some of the things I find awkward in Wealthsimple Investing Masterclass. So take note of these...
#1 Very promotional
If you watch the videos carefully, you’ll notice that the instructor regularly inserts some marketing for the platform.
So, it’s safe to say that their main goal isn’t to teach people how to invest. Their main goal is to simply promote their platform.
#2 For beginners only
If you already have knowledge about investing and the stock market, then you might want to skip this course. This course is completely for beginners. It won’t teach you any advanced strategies or techniques about investing.
#3 Lessons are limited in Youtube
Another drawback of this course is that every lesson can be found on YouTube. Yes, you’ve read it right. You don’t need to visit their website, you can simply open YouTube and watch all videos there.
My opinion - Wealthsimple Investing Masterclass
In my opinion, Wealthsimple Investing Masterclass is a great course for beginners. It’s ideal for someone who does not have any idea about the stock market.
It’s free and doesn’t require an account. This is a huge advantage for beginners.
However, if you already have knowledge about investing, I recommend you skip this course and look for other courses online.
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