Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset Value per Class A share. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options and cash-covered put options in respect of the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.


TSX:LBS - Post by User

Bullboard Posts
Comment by anubis44on Dec 03, 2020 11:02am
89 Views
Post# 32025970

RE:RE:RE:RE:RE:RE:RE:My terminology

RE:RE:RE:RE:RE:RE:RE:My terminology
From Investopedia: 

"Short selling occurs when an investor borrows a security and sells it on the open market, planning to buy it back later for less money."

If you buy shares in a stock, you are 'long'. If you sell shares in a stock you do not own, but are only borrowing, you are 'short'. If you buy shares to sell very quickly (ie. time-frame of minutes), or you short-sell with the intention of covering very quickly ((ie. time-frame of minutes), you are 'scalping'. If you buy or short-sell with the intention of selling or short-covering over a period of minutes to hours, but not with the intention to maintain your position overnight, you are 'day trading'. If you buy or short-sell with the intention of maintaining your position for more than a day, you are 'swing trading'. If you buy shares in company with the intention to hold them for months or years, especially if you are buying shares with a dividend yield, and your primary consideration is the dividend return, and not so much short-term potential capital gains/losses, you are most likely 'investing', rather than trading.

I hope this helps.
Bullboard Posts