The real estate market in many parts of Canada, and Nova Scotia, is booming right now which has led to a question about the RRSP Home Buyers Plan (HBP).
NSSC Blog: Before You Invest
In a recent blog post we used the term leverage. One of our readers was looking for a more definitive definition of leverage and how it works.
November is Financial Literacy Month across Canada. Financial literacy organizations will be running campaigns and programs coast to coast throughout the month and the Nova Scotia Securities Commission has some fun things planned.
We’ve got another reader question this week. One of our readers is interested in trading stocks but had a question after reading some posts on an investing Facebook group that they frequent. A post in their Facebook group said that investors are not allowed to day trade or make frequent trades using their TFSA account. Another poster in the same group denied that this was true. Our reader is looking for a firm answer to the question, can you day trade through your TFSA?
The term strangle strategy appeared in some local news articles recently and it led to a reader asking what exactly the strangle strategy is.
Last week we discussed margin accounts. This week we’ve been asked about a specific part of margin accounts, margin calls.
A margin account is a brokerage account in which the broker loans the investor money to purchase stocks and other investments. The investments purchased and money remaining in the account are collateral for the loan and the investor is also charged interest on the loan.
October is Investor Education Month and we’ll be sharing investor education content on our website and through our social channels throughout the month.
Sustainable investing (also known as responsible investing) has become increasingly popular recently, as investors look to invest their money in companies and people aspiring to make the world a better place. Many of these companies are involved in battling climate change, environmental projects and industry, and promoting corporate responsibility.