Massive Sell-off In October
After almost a month, I have finally settled down in the new city, Calgary. The stock market has been absolutely voliatle during the last few months. We just hit a record high sell off in October. A record $8.45 billion have been pulled from Canadian mutual fund market in October. September held the previous record for [...]
Relocation Is A Lot of Hassle
I have been ignoring my site for a couples of weeks. That reason why is that I have been going through a very important interview for a job that I like in my dream industry. The result has been very statisfied. After one 90 minutes interview, one 30 minutes peer interview, and a three hours [...]
5% Return Each Month!
Yes, you heard it right. It is per month, not per year. This bank is claiming that you can get 5% return on your money each month, guaranteed! It is hard to believe this kind of return, and even harder to believe that there are people who actually think it is possible and legistimate. Let [...]
You Can Now Buy/Sell StreetWise Fund Online From ING
I have been an ING Direct customer since year 2006. The service from ING Direct is very professional and helpful. The only complain from me will be the lack of the ability to buy their mutual funds online. Each time when you want to buy into their StreetWise funds, you have to call them. The [...]
Invest In Emerging Market
Emerging market is a very important part of the assets allocation. According to wikipedia, The term emerging markets is used to describe a nation’s social, or business activity in the process of rapid industrialization. The term “rapidly growing economy” is now being used to denote emerging markets. Most of the emerging markets share the [...]
Common Misunderstandings About RRSP
RRSP is a very hot topic for investment and retirement planning. It is no doubt a great tool to build up your nested eggs for your retirement. However, there are some common misunderstandings about it. Let’s look at them closely today.
Have you bought your RRSP for this year? You might have heard about [...]
Credit Report Errors And How To Correct It
When I got my credit report about a year ago from Equifax, I have noticed several errors on it. On my credit report, there are some credit card accounts which do not belong to me. It has also indicated that I have a middle name while I do not. Obviously, the report from Equifax has [...]
ETF Split
Yesterday when I logged into my Questrade account and saw one of my holdings, XIU, go down by almost 75%, I almost freak out. Later, I realized that it was due to the unit spliting by iShares Canada. What is a unit split? According to Investopedia, stock split is:
“A corporate action in which a company’s [...]
How To Order Your Credit Report
It is ideal that you order your credit report once a year to see if there is any mistakes on it. If you are buying a new home soon, it is strongly recommended that you order your credit report before you start the mortgage application.
There is a common misunderstanding that you need to pay for [...]
How To Protect Yourself From Credit Card Fraud
It has been a big news yesterday in Canada about the credit card fraud fears in one of the biggest airport in the country, Toronto Pearson International Airport. It’s feared the security features of the kiosks at Canada’s largest airport may have been compromised, and that sensitive information may have fallen into the wrong hands. [...]
