Question of the Week – What is Adjusted Cost Base (ACB)?
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Adjusted cost base (ACB) is used to calculate capital gains and losses
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Adjusted cost base (ACB) is used to calculate capital gains and losses
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If your financial adviser decides to move to a different firm, the next move is yours. You have three choices on what you can do.
1. Stay with your current firm
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This question came from someone who overheard a conversation at a party. They overheard someone tell another partygoer that international students could not invest in the Canadian stock market. The way it was explained to them was not correct.
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Last year the Nova Scotia Securities Commission visited high schools and post-secondary institutions across Nova Scotia, both in-person and virtually, to talk to students about investing. With a new school year beginning this month, the Student Connections program has returned.
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School is back in session, and the Nova Scotia Securities Commission is ready to teach young people about investing. This month we’re launching a new web page on our website with information for young investors.
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We had a question come in recently asking about age limitations on RRSP and TFSA accounts. More specifically the question asked if an 18-year-old son could open their own RRSP or TFSA account at their bank. The short answer to that question is, it depends.
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Our look at basic investments continues this week with a look a Treasury Bills (T-Bills).
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In a throwback to look at some basic investments, we’ve been asked to go over Guaranteed Investment Certificates (GICs).
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The words saving and investing are often used interchangeably, despite the fact they are two very different things.
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In some of our old posts and content we’ve linked to, recovery room scams have been mentioned. So, what are they and how can they be avoided?