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Showing posts from March, 2010

ETF Cheat Sheet

Courtesy of Andrew please find the attachment on ETF's.  It is 15 pages.   Click Here to Download

Minutes - March 16, 2010

Thank you for attending Ellen's Investment club on March 16, 2010. During this meeting we discussed the iShares Energy index fund (TSE: XEG) as part of our Energy sector analysis. We also talked about Encana (TSE:ECA), AltaGas Income Trust (TSE:ALA.UN) and Cenovus Engery Inc (TSE:CVE). Following the Fed's announcement of keeping the interest rate unchanged "for an extended period", the energy sector rose 0.27 per cent. Suncor Energy (TSX:SU) gained 30 cents to $31.66 but Encana Corp. (TSX:ECA) fell 37 cents to $33.22. Members' consenus of this sector is one of cautious optimism. Now for new business: we would like to again stress the importance of staying on topic and within the time limit of the agenda items. We appreciate our members' enthusiasm during discussion but let's keep focus so everyone will have a chance pick up useful information. The last 30 minutes of the club is open to free form talks so save your questions for that time. The next me...

Agenda - March 16, 2010

ELLEN'S DEGENERATES SHARE CLUB Agenda March 16, 2010 7:30 - 9:30 p.m. Miles Nadal Jewish Community Centre 750 Spadina Ave (southwest corner of Spadina & Bloor) ITEM # TIME TOPIC DETAILS 1 7:30 PM Sign in and payment ($10) 2 7:35 PM New member self introduction and members investment forum Members are invited to talk about what they had invested in since our last meeting. Please be brief, but explain why you chose a particular stock, if it has performed to-date, and/or what your expectations are from the investment. 3 7:55 PM Sector Review - Energy Sector, TSE:XEG, and the following stocks: TSE:ECA, TSE:CVE, and TSE:ALA.UN. 4 8:30 PM Luke - Investment Challenge update & Tutorial on Short Selling 5 8:50 PM New Business

Minutes of February 16th meeting

Hi everyone: Thank you for attending Ellen's Investment club on February16, 2010. Here is the result of the survey we have taken in Janaury: ------------------------------------------------------------------------------------------------------------------------------------------------ * Almost everyone has a self-managed brokerage account (94%). * Most people think they are beginner to intermediate level investors (between 3-6 level, where 10 is expert) * Most people understand equity (88%) and mutual fund (63%) and fixed (44%). Only two people understand option trading (13%).. * A majority of people make about 1-9 trades in four months (50%). Second majority doesn't trade at all in that time frame (25%). Third majority trades 10-29 (19%). (There is 1 person who trades in the 30-89 range) * Almost no one surveyed is enrolled in the Investpedia Challenge (81%) * Most people think they like the guest speaker session. * Half the people who would attend a separate guest speaker s...

New Budget - Tax Update

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On March 4, 2010, Finance Minister James Flaherty presented the 2010 Federal Budget which contains several measures of interest to Investors Group and its clients. This summary contains highlights of these proposals, which are not yet law. Clients should contact their Investors Group Consultant for information on how these proposals may affect their financial plans. Parental Government Benefits – Shared Custody Currently, when parents share custody of a child, only one individual can receive the Canada Child Tax Benefit (CCTB) and Universal Child Care Benefit (UCCB) amounts in a particular month and the child component of the GST/HST credit in respect of a particular quarter. The Budget proposes to allow two eligible individuals to receive CCTB and UCCB amounts and to receive GST/HST credit amounts when a child lives more or less equally with two individuals who live separately. These individuals will each receive 50% of the annual entitlements effective for be...