stock

Question 1

Why is NYSE (big board) highly accredited?

Answer 1

Because the companies listed have to meet very strict listing requirements and annual maintenance obligations

Question 2

What is the primary stock market?

Answer 2

The primary market presents the initial public offering (IPO) where companies first release new shares to the public, and transactions are directly between buyers and the company itself.

Question 3

What is the secondary stock market?

Answer 3

The subsequent trading of these pre-issued stocks occurs in the secondary market among investors.

Question 4

What are Canadian markets

Answer 4

Canada – CNSX, MX, TSX, TSXV

Question 5

Which are some US stock markets

Answer 5

U.S. – AMEX, NASDAQ, NYSE, OPRA, OTCBB, PINX

Question 6

How much can I contribute to my RRSP

Answer 6

18% of your earned income in the previous year, or

The maximum contribution amount for the current tax year