What a stock split means for your portfolio and tax situation + MORE Sep 8th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
 financial

Should I use money from my TFSA to contribute to my RRSP? It depends … Feb 6th

Experts say where you put your money depends on your short- and long-term financial goals — and sometimes what tax bracket you are in.... More »
 financial advisor

25 money movies (that actually stream in Canada) + MORE Dec 11th

Filmmakers in Hollywood and Hollywood North have yielded dozens of memorable money-themed movies in recent history, exploring everything from capitalism and corporate hijinks to meme stocks and the 2008 financial crisis. From side-splitting comedies to jaw-dropping documentaries, you’ll find plent.... More »

Dow drops 860 points, and Japanese stocks suffer worst crash since 1987 amid U.S. economy worries - Yahoo Canada Finance Aug 5th

Dow drops 860 points, and Japanese stocks suffer worst crash since 1987 amid U.S. economy worries  Yahoo Canada FinanceLive updates: Global stock markets plunge  CNNStocks markets around the world take a tuble as US reports weaker jobs report  The HillWorld markets shak.... More »

How to manage and save money without a budget + MORE Nov 4th

“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your .... More »
 earnings

Want to Supersize Your Business? Buy Another Aug 3rd

The journey from idea to IPO is a difficult one. In this five-part series, we look at how founders scaled their startups and reached new milestones. Robert Hyde realized he needed a new strategy. “We can create new products, but it takes a lot of energy and effort to build and launch a produ.... More »
When a stock splits, investors end up with more shares of a company, at a lower stock price. An example might be a 2:1 split, where an investor with 10 shares worth $100 each ends up with 20 shares worth $50 each after the stock split. 
Apple (Nasdaq: AAPL) and Tesla (TSLA) both had stock splits on August 31. Apple split 4:1 and Tesla split 5:1, lowering their stock prices and multiplying the number of shares issued by 4 and 5 respectively. 
Splits can also go the other way. The same day as AAPL and TSLA split their stocks, two other companies—Heatherdale Resources and Bam Bam Resources—did reverse splits. With a reverse stock split, instead of getting more shares at a lower price, an investor ends up with fewer shares at a higher price. 
Stock splits tend to be when a stock price gets high, while reverse splits are generally done when a stock price gets low. In the case of Apple and Tesla, their stock prices were up 76% and 596% respectively this year through August 31. Heatherdale and Bam Bam, on the other hand, were both down considerably…

Continue Reading On moneysense.ca »

US elections live updates: Trump campaign’s reported money woes  Al Jazeera EnglishThere’s something very unique about the 2020 map  CNNReport: The Trump Campaign Is Spending Money Like a Guy Who Bankrupted a Casino (And Five Other Businesses)  Vanity FairLike most Trump properties, the president’s campaign is a financial mess  The Washington PostCollusion Between Democrats and the Media Reaches a New Low | Opinion  NewsweekView Full coverage on Google News

Continue Reading On Articles »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!