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Making sense of the markets this week: September 27, 2021 + MORE Sep 25th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
What was behind this week’s “mini-crash”
The big story of the week fizzled out. Investors had been taking a breather over the last month or so, with markets .... More »
How much should I have in my RRSP? + MORE Feb 18th
For many Canadians, investing in their registered retirement savings plan (RRSP) is the primary way they save for retirement. RRSPs are an invaluable tool, allowing you to stow away funds for golden years while reducing your taxable income today. However, there is no one-size-fits-all way to use the.... More »
$4.6-billion power station to supply data centre near Edmonton gets green light - Financial Post Jul 2nd
$4.6-billion power station to supply data centre near Edmonton gets green light Financial PostCounty north of Edmonton approved to host energy generator for potential AI data centre CTV NewsPembina, partners go ahead with gas plant for data centre north of Edmonton C.... More »
We are in possession of a working Xbox Series X - Ars Technica Sep 23rd
We are in possession of a working Xbox Series X Ars TechnicaHere's where you can pre-order the Xbox Series X and S in Canada MobileSyrupCostco: Pre-Order the Xbox Series S with Extra Wireless Controller Now redflagdeals.comXbox Series X sold out? These are the retail.... More »
Silicon Valley Bank files for bankruptcy | GMA - ABC News Mar 18th
Silicon Valley Bank files for bankruptcy | GMA ABC NewsParent company of Silicon Valley Bank filing for bankruptcy protection CBC NewsSVB Financial Goes Bankrupt Bloomberg TelevisionSVB parent company files for bankruptcy CTV NewsSilicon Valley Bank parent.... More »
What a stock split means for your portfolio and tax situation
– moneysense.ca
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…
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…
US elections live updates: Trump campaign's reported money woes – Al Jazeera English
– news.google.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
