Nov 7 2008

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 [...]

Aug 7 2008

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 [...]