Analysts downgrade SVB Financial as uncertainty around tech-focused bank looms - CNBC Mar 10th
Feds announce one-time $3,000 payment for Ukrainians taking refuge in Canada - CBC News Jun 2nd
Silicon Valley Bank files for bankruptcy | GMA - ABC News Mar 18th
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How Early-Stage Start-Ups Can Overcome the Talent Crunch Feb 23rd
A guide to the best robo-advisors in Canada for 2020
– moneysense.ca
While advisors and traditional fund companies still manage the majority of money in Canada, with people paying more attention to fees and with interest in exchange-traded funds (ETFs) increasing, robo-advisors will only see their assets under management rise from here. According to the research aggregator Statista, Canadian robos will hold an estimated US$8.1 billion in assets under management in 2020, which, it predicts, will rise to US$16.6 billion by 2023, for a 26.7% compound annual growth rate.
As time goes on, these companies are also getting more sophisticated in their offerings. Some robos now offer chequing accounts, others let you pick stocks or buy insurance or offer real-life financial advice. You can invest in all kinds of accounts too, including Tax-Free Savings Accounts (TFSAs), Registered Retirement Savings Plan (RRSPs), Registered Retirement Income Fund (RRIFs), Registered Education Savings Plans (RESPs) and more…
How To Become a Successful Options Trader
– investitwisely.com
Research Stock Options and Learn How They Work
Before getting into the options trading game, you must learn what stock options are through research. As an overview, stock options are contracts that give you the option to buy or sell a stock at a certain price on the agreed-upon date. While purchasing stocks immediately gives you company ownership, stock options are more temporary contracts that provide short-term benefits.
There are a few elements to be aware of before handling stock options:
Strike price: This is the set price that options can be bought or sold at.
Premium: When starting your options contract, you’re required to pay a fee, which is the premium. Premiums are priced per each share and fluctuate as market prices move higher or lower…