Mutual Funds

April 19, 2012 · Posted in Savings · Comment 

Mutual funds are one of the safest methods for people to earn some money by saving.. With mutual funds the company has a portfolio of stocks, shares and bonds that may increase the client’s investment. Although many countries have their own type of mutual funds you will find that Canadian mutual funds have a parent firm that regulates their operations.

Usually, Canadian mutual funds are available only to inhabitants of Canada. If you want to invest your savings in one of these Canadian mutual funds then you should investigate the matter very carefully. The various companies that you should investigate should have all of their terms and conditions listed in a clear and easy to understand manner.

You can look through financial pages of the newspapers and the Internet to look up how the various Canadian mutual funds are performing. These lists will assist you to make a comparison between the mutual funds you are interested in.

To gain a better picture of what kinds of stocks and bonds there are in each of these companies, you should look at the listings that are given. Compare these details with those of other Canadian mutual funds.

For the most part, Canadian mutual funds will have the same sort of funds as the mutual funds in the USA have. These funds include index mutual funds, low cost funds, front load funds, no-load funds and others. However, before you decide to invest in a Canadian mutual funds group, you will need to get some legal advice.

This advice will have to handle the questions of tax that you may have to pay on both sides of the border. This is essential as the taxation authorities in the US require shareholders in investment corporations to pay some type of tax on capital gains distributions. You will need to know how the Canadian government looks at the tax rates for Canadian mutual funds.

There is one aspect that needs deeper inspection when you are investigating the various Canadian mutual funds. Canadian mutual funds can have a number of different brands of stock held under the umbrella of one fund. For instance you will find that the ‘RBC (‘Royal Bank of Canada’) Asset Management Inc.’, has one type of stock brand called the RBC Funds. Whereas ‘The Mackenzie Financial Corporation’, on the other hand, has nine different brands.

All of this makes the idea of investing in Canadian mutual funds quite interesting. If you are at all interested, you will need to find out how you can invest in one of these funds. Your financial advisor should be able to offer you some assistance in this endeavour.

If you are interested in Canadian Mutual Funds or saving at all, please go along to our website entitled Saving in Mutual Funds

Day Trading Eminis – Why Would You?

December 22, 2011 · Posted in Education · Comment 

In the exciting industry of day trading, eminis have turned out to be a vastly preferred and profitable kind of trading. But what is it exactly and why has it become so preferred?

E minis are a method that’s used to trade an index such as the S&P500 but on a significantly smaller scale than trading the index themselves. An e mini lets you to get into the index contract at a fraction (about one fifth) of the price of the full contract. That can make trading them affordable to a lot of more personal investors/traders and has allowed the market to really open up.

So besides becoming more reasonably priced to the day trader, here are some other aspects which make day trading e minis so appealing:

* Online Trading

* Almost 24 hrs each day – can be traded 23.5 hrs per day, 5 days per week (having said that the market is a lot more volatile and liquid in the course of the regular US trading hrs.

* Volatility and Liquidity – with the massive volumes being traded on the market every single day, the market is both volatile and liquid.

* Low Brokerage Charges – with trading being online there is no need for human intervention when placing trades. There are a lot of online brokerage companies who have the software packages and technology to place your bids, stops and sell directions at the click of a button.

* Leveraged Product – being a leveraged product means that you pay a relatively small amount but reap the benefits of a ‘big’ contract. So any little gains you make can translate into big profits. Nevertheless, by the same token, any little losses you make can also translate into large financial losses.

Even though day trading eminis is now open to a considerably larger group of investors, it’s still not a novice’s game. You need to get training on how to trade the emini market and you definitely need to make sure you practice by paper trading initially. Yes there is a lot of cash to be made in day trading eminis but there’s also a lot of money to be lost! Don’t leap into it with out first understanding what you’re doing.

For more help on how to do emini day trading, check out my site at