Book Value vs Market Value | Clearing the Confusion on Adjust Cost Base

Is the difference between market value and book value how much money I've made? This is among the most frequently asked questions at Steadyhand and investors are often surprised to hear our answer.

In this video Steadyhand's Chief Development Officer David Toyne helps clears the confusion around book value, sometimes referred to as adjusted cost base (ACB). We explain what it includes and excludes. He explains how it impacts holders of registered accounts, like registered retirement savings plan (RRSP), and non-registered accounts.

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