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Showing posts from October, 2019

Top 4 Myths Associated With Stock Market Investment

A lot of investors speculate whether they should invest in stocks. Analysis of facts is of primary importance instead of blindly accepting common myths. Here are the top 4 myths associated with stock market investment. Stocks only perform well during strong economics: Not all sectors perform ‘badly’ in slow economies. For example, even recessionary times Canadian financial institutions perform well because of their monopolistic status.   You need money to make money: This is yet another most common stock market investment myth. Many people assume that they cannot start investing until they’ve a lot of money. But this is not the case. You don’t need to be a millionaire to start investing. The rule of 72 proves that the doubling of your investment (RRSP & TFSA) creates wealth. https://www.investopedia.com/ask/answers/what-is-the-rule-72/ Investing is simple, just buy low & sell high: Most of the non-investors thin this way. They assume investing is s

A Brief Overview on Trading on the TSX

Canada is one of the significant countries for investors from all over the world due to its massive natural resources and mining industry. Among the several stock exchanges in the country, the Toronto Stock Exchange (TSX) is the most popular. Also, TSX is among the largest stock exchanges within North America in terms of listings and is the eighth largest in the world in terms of market capitalization. TSX houses the highest number of mining and energy companies as compared to any other stock exchange throughout the world. According to reports, the Toronto Stock Exchange comprised more than 1500 companies as of 2017 worth a total of $1.77 trillion in market capitalization. Listing requirements on the TSX vary with the type of company. Companies need to meet specific criteria. For instance, mining companies need to meet specific property, work programs, and capital requirements before listing. Similarly, gas and oil companies must meet working capital and financial requirement