Financial Literacy Month Webinar: Investment Basics – Making the Most of Your Money
Nov 16, 2020
1:00PM to 2:00PM
Date/Time
Date(s) - 16/11/2020
1:00 pm - 2:00 pm
Investment Basics – Making The Most of Your Money
Definitions & Resources – Not Advice
Investing is a healthy part of any good financial plan. You could be thinking about saving for your retirement, your children, your grandchildren or for that one thing you’ve been dreaming about since the day you started your first job! However, if you’re unsure about where or how to invest your money, poor financial decisions may push your financial goals farther out of reach. Understanding the basics about investing can help us make comfortable and rewarding decisions with our money.
In the Investment Basics workshop/webinar, you will learn how to:
- Describe common savings plans (e.g., RRSP, RESP & TFSA)
- Compare the advantages and drawbacks of RRSP, RESP & TFSA savings options
- Define basic types of investments (e.g., bonds, stocks, mutual funds and ETFs)
- Differentiate between a mutual fund and ETF
- Consider the impact of investment fees on your investments
- Outline various risks that come along with investing and how to reduce those risks; and
- Ask the right questions to appropriate investment professionals who can help with investing your money.
This one-hour interactive and fun workshop, facilitated by Amanda Martin of Credit Counselling Society, will take a “grab and go” approach – grab an idea or two and go try it. All participants will walk away with ideas, resources and the full curriculum upon request.
Registration for this session is closed.