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Showing posts from September, 2020

What Are Your Top Investment Options in Canada

Canada is a friendly & promising nation that gives freedom and opportunities to immigrants. If you’re new to the country and are keen in either planning for your retirement or completing a critical project, there’re many investment options available to help you in growing your money in Canada. Here’s a brief overview of the different investment options available in Canada. Mutual Funds: Mutual funds are interesting investment option if you’re looking to make the most of your savings over the long term. Investing in mutual fund is less risky than directly purchasing company shares on the stock market. With a mutual fund, a manager takes on the selection of companies that’ll be in his or her fund. Henceforth, your wealth is invested in hundreds of sectors. This is an excellent investment option if you want to diversify your portfolio and steer clear of putting all your eggs in one basket. Exchange Traded Funds: Exchange Traded Funds are comprised of different securities of compa...

3 Less-Known Facts Regarding TSX (Toronto Stock Exchange)

Most unfussy investors don’t spend a lot of time thinking regarding Canada’s stock market. They might be curious about market fluctuations and mutual funds, but ask any of them about the 2 sectors that make up most of the market, and you will probably get a blank stare. Regardless of your level of investment, it is not bad idea to know a few things regarding the TSX, Canada’s biggest stock market. So here is a rundown of things you probably don’t know about Toronto Stock Exchange. There’re so many companies to select from in Canada: Canada consists of 2 main exchanges: the TSX and the TSXV. The Toronto Exchange is intended for firms with over $7.5 million in net tangible assets; the TSX Venture Exchange is for firms with less than that. In total there’re 3,985 firms indexed on the exchanges, 1,561 companies on the Toronto Stock Exchange and 2,424 companies on the TSX Venture Exchange. It is the Toronto Stock Exchange where you will discover Canada’s most renowned firms, like Suncor...