How to Use Technical Analysis to Make Investment Decisions

How to Use Technical Analysis to Make Investment Decisions

Investing in the stock market can be a daunting task, especially for beginners. One of the key tools that investors use to make informed decisions is technical analysis. Technical analysis involves analyzing historical price data and trading volume to forecast future price movements. This method helps investors identify trends, patterns, and potential market reversals, making…

How to Create a Diversified Stock Portfolio

How to Create a Diversified Stock Portfolio

Creating a diversified stock portfolio is a crucial strategy for investors looking to manage risk and optimize returns. By spreading investments across different asset classes, industries, and geographic regions, you can reduce the impact of volatility and specific market risks on your overall portfolio. This comprehensive guide will walk you through the steps and principles…

Cryptocurrency vs. Stock Market: Where Should You Invest?

Cryptocurrency vs. Stock Market: Where Should You Invest?

In today’s dynamic financial landscape, investors have a multitude of options for growing their wealth. Two of the most popular and talked-about investment choices are cryptocurrencies and the stock market. Both offer unique opportunities and come with their own set of risks and rewards. This guide will explore the key differences between cryptocurrencies and the…

Dividend Stocks vs. Growth Stocks: Which is Right for Your Portfolio?

Dividend Stocks vs. Growth Stocks: Which is Right for Your Portfolio?

Investing in the stock market is a powerful way to build wealth over time. Among the many strategies and options available, two popular choices are dividend stocks and growth stocks. Each has its own set of advantages, risks, and ideal investor profiles. In this guide, we’ll explore the differences between dividend and growth stocks, helping…

The Rise of SPACs: Benefits and Potential Risks

The Rise of SPACs: Benefits and Potential Risks

Special Purpose Acquisition Companies (SPACs) have gained significant attention in recent years as an alternative investment vehicle. SPACs are shell companies formed with the sole purpose of acquiring or merging with an existing private company to take it public.

The process of a Special Purpose Acquisition Company involves several key steps.

Why have gold prices soared to an all-time high?

Why have gold prices soared to an all-time high?

Investors have long been enamoured by gold. At a time when investors are concerned about their money being parked in asset classes that are experiencing uncertain volatility and when chances of acceptable returns from investments are dismal due to global inflation problems, gold is once again taking centre stage. Gold is highly prized not just for use in investments and jewellery making, but also for usage in the production of some electrical and medical products.

A Glimpse into the Canadian Budget 2023-24

A Glimpse into the Canadian Budget 2023-24

Recently, Canadian government introduced Canada’s federal budget. The budget is introduced every year so the government can ensure control, accountability, and planning in the spending of public money. The budget is usually made by “Department of Finance”, and it is first presented in the House of Commons. The budget outlines the government’s revenue projections, spending plans, and fiscal policies for the upcoming fiscal year. The budget is a critical component of the government’s overall economic policy and is subject to parliamentary scrutiny and debate

Role Stock Markets play in the Global Economy

Role Stock Markets play in the Global Economy

The history of stock markets opening gates to international investment can be traced back to the early 17th century when the Dutch East India Company became the first company to issue shares on a formal stock exchange in Amsterdam, the Netherlands in 1602. The company was a pioneer in the field of international trade, and its shares were widely traded among investors from different countries.

In the 19th century, the growth of global trade and the rise of industrialization led to the development of stock markets in many countries, including the United States, France, Germany, and Japan. These markets offered new opportunities for investors to invest in companies that were expanding internationally.

Consumer Price Index Explained

Consumer Price Index Explained

The Consumer Price Index (CPI) in Canada is a measure of the average change over time in the prices paid by Canadian households for a basket of goods and services. The basket includes items such as food, clothing, shelter, transportation, health care, and entertainment.

Statistics Canada calculates the CPI on a monthly basis by collecting data from thousands of retail locations across the country. The index is based on a 2002 base year, with a value of 100 set for that year. The current CPI value represents the percentage change in the price level compared to the base year.