Facebook IPO

Why You Should Not Buy the Facebook IPO

The Facebook Fizzle On Friday morning I brewed myself a nice strong cup of coffee and happened to catch the debut of Facebook (FB). This was the much-anticipated IPO (Initial Public Offering) of a prize racehorse about to belt off the starting line. I felt that I was watching a part of history for the largest IPO in history, and BNN proudly had a real-time quote taking up the whole screen ready to go! The opening, however, was marred by a lengthy half-hour delay. Once Facebook shares started to ...

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IGM Financial Versus CIX and AGF

As a dividend investor I’m always on the lookout for a higher dividend yield with excellent metrics. Usually that is a hard fit to come by, since the higher the yield the higher the risk. An area that has come across my radar recently, are the Canadian asset management companies, which primarily sell mutual funds and provide wealth management services. I view this sector as an added level of diversification in the financial industry to banks and lifecos (life insurance companies). The Asset Management ...

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XIU vs XIC annual returns


Written by Vicky @ Vix Money Even though I have chosen to hold XIC in my portfolio to represent the Canadian equities portion, I have debated whether or not XIU could be used instead. So which one is better? XIU, iShares S&P/TSX 60 Index Fund, was introduced on September 28, 1999, and seeks to replicate the 60 largest and most liquid securities listed on the S&P/TSX 60 Index. Which companies are represented in XIU? In Canada, the main sectors that are represented are the financial industry, ...

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