Category Archives: General Finance

Determining Adjusted Cost Base

CalculatorAdjusted Cost Base is the term that is used to describe the average cost of shares that an investor has bought. This is necessary so that you (and the government!) know how much tax you owe when you sell your shares.  If you bought all of your shares at one time, there is nothing to it. If, however, you accumulated your shares through several separate purchases, you have some math in your future, in the form of the average cost method.

Doing the math

If you’re not thusly inclined, the mathematics of investing can quickly get ahead of you. While you (might!) argue that some calculations that investors routinely do are not absolutely necessary to tracking your investing progress, determining your adjusted cost base is not one of them; there is nothing the bit least optional about being able to determine how much you paid for your stocks. You need to know so you can calculate your taxes. Fortunately, it’s not that difficult. (The math part, not the paying taxes part; sorry, no help there.)

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Silver Status Nice, but Level II Quotes Not That Big a Deal

Level II Quotes
Level II Quotes let you see the depth of the market. Invaluable for traders, ho-hum for investors.


One of the benefits of becoming more experienced in the investing game is that it usually leads to higher balances.  My user account recently passed the threshold to where I am now a silver-level member of the 5-Star program at InvestorLine.  With this new status, I have been given access to Level II Quotes and a few other perks.  I will be breathing this rarefied air at least until next quarter, when my standing will be re-evaluated.  Acquiring access to Level II Quotes, I have to say, is a goal I have had my eyes on for quite some time.  Apart from the cachet of having attained the balance required for acceptance into this ever-so-exclusive club and the Level II Quotes, what perks do I get for passing muster, and how beneficial are they?

Apart from the Level II Quotes, there are three principal benefits:

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Financial Dilemma: Slow and Steady or Swing for the Fences?

Financial Dilemma
How to solve a financial dilemma?

 A financial dilemma has come up in my life.

My work is not particularly reliable, and does not pay as well as it should. I want to be able to provide a better life for my family than I currently can.

Instead of complaining (although I do some of that too) I decided to try to look for some alternative sources of income.

This blog is one such endeavour. By my reckoning, if things continue as they are, I should be able to cover the costs involved with writing this blog by about 2050. That’s not a typo; I really don’t make much money with this blog, but it gives me a reason and venue to focus on finances, so that is enough of a benefit for me. But that’s not actually the biggest benefit I derived from starting Loonie Lover.

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