Below is a list of common investment terms with basic explanations. Accrued Interest – Interest due from issue date or from the last coupon date to the security settlement date. Interest that has accumulated on a bond since its most recent… Continue Reading
Below is a reference page on how to use DBRS ratings. The DBRS® long-term debt rating scale is meant to give an indication of the risk that a borrower will not fulfill its full obligations in a timely manner, with… Continue Reading
So you’ve worked your way out of your parent’s house in the suburbs, achieved your initial career goals by working as a downtown professional, and now you realize its time to step up your financial game by making better use… Continue Reading
Today the Washington State regulator in charge of a subsidiary of Avista has rejected the proposed merger between Hydro One and Avista Corp. Shares of Hydro One were up almost 5% this morning on the news, while Avista shares were… Continue Reading
I’ve created a new page to track the best GIC rates. Click Here for the latest GIC Rates. The list of the best GIC rates is created by surveying the best wholesale GIC rates offered at major Canadian brokerages (RBC,… Continue Reading
Most HISA rates from major Canadian issuers are up to 1.60% as of the time of writing. A cash portfolio of $1,000,000 will currently yield an annual income of $16,000 at this rate. Click here to view the latest High… Continue Reading
MCAN is a Mortgage Investment Corporation (MIC) traded with symbol MKP on the TSX. Its mortgage portfolio contains a mix of construction loans and single family mortgages. According to their most recent investor update the loan portfolio is worth $919… Continue Reading
Enbridge (ENB) has announced this morning it will acquire all the outstanding shares of Enbridge Income Fund (ENF). The deal will see each common share of ENF exchanged for 0.735 of a common share of ENB and $0.45 cash. With… Continue Reading
A market maker quotes both buy and a sell prices in order to profit from the spread between bids and offers and also from the spread between a price quoted and a reference or theoretical price. The bid-offer spread is… Continue Reading
A big spike in the rate of interest being paid to Ethereum and Litecoin lenders is being shown on Bitfinex this morning. At the time of writing, rates have jumped up to 0.05% per day on ETH and 0.0443% per… Continue Reading
