SELF-DIRECTED RRSP
Self-Directed RRSP is a kind of Registered Retirement Savings Plan in Canada as a retirement saving vehicle where contributions are on an annual basis and tax deductible up to a specified value. In Self-Directed RRSP, the owner determines the combination of assets in a trust. Only RRSP eligible investments are allowed in a Self-Directed RRSP where an investor may determine the portfolio of investment products in his or her RRSP.
POPULAR TERMS
Parking
A form of kiting shares that a brokerage commits by moving long positions in unrelated accounts to cover short positions that are improperly settle ...
Aleatory Contract
A type of contract in which the involved parties is not required to perform a particular action until such time a specific event happens. Those eve ...
Service Certificates
Service Certificates are bond-like certificates for World War I (WWI) veterans. Service certificates had face value that are the same as bonds wher ...
Trailing Stop
Trade order which can be placed at a certain percentage away from the security’s current market price. For a long position, it is set below t ...
Pretax Contribution
It refers to the payment made with money that hasn’t been taxed.
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A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Digesting Financial Statements: Long-Lasting Assets
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Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | May | |
| 14:30 | Consumer Price Index | May | |
| 14:30 | Consumer Price Index Core | May | |
| 14:30 | Common Core CPI | May | |
| 14:30 | Trimmed Core CPI | May | |
| 14:30 | Median Core CPI | May | |
| 16:00 | Consumer Confidence | Jun | |
| 02:30 | PMI Manufacturing | Jun | |
| 02:30 | Tertiary Industry Index | Jun |
