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 [...]
What Is Couch Potato Portfolio And How You Can Implement It
Everybody likes to have great return on their investment. However, Many of us just do not have time and knowledge to follow the market. Thankfully, there is one simple method to construct your portfolio to gain great return in a lazy easy way. Couch potato portfolio was first introduced by MoneySense magazine in [...]
What Is Asset Allocation And Why You Should Pay Attention To It
Asset allocation has been discussed many times in personal finance world. If you go to a financial advisor for the opinions about how to manage your money, I am sure you will hear about it as well.
What is asset allocation? According to Wikipedia, asset allocation is a term used to refer to how an investor [...]
Investment Basics
As for the first post of Little Money Lab, before we discuss anything else, let’s first look at the investment basics.
What is investment?
Investment is a set of money engaging activities with the expectation of profit. In other words, investment is the use of money in the hope of making more. In business, investment usually refers [...]
