Investment Basics – Making The Most Of Your Money

Investment Basics – Making The Most Of Your Money

Join this 1-hour webinar to learn valuable information on the basics of investing that can help make you feel comfortable about making decisions with your money.

Live online events

1 hour, 11:00 AM PDT - 12:00 PM PDT

Online

  • Free

Description

Have you ever wondered what exactly an investment is, as well as what the degree of risk and complexity are for various types of investments? Do you know and understand how different investment types are taxed, which ones are tax-deferred, and which are tax-free? Do you have an investment advisor who uses terms you aren’t familiar with, but you don’t want to ask them to explain?

Come to our 1-hour webinar on Investment Basics – Making the Most of Your Money, and learn the answers to these and other questions you may have.

Investing can be a healthy part of any financial plan. You might 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! Do you know what an RRSP, RRIF, TFSA, or RESP are, how they are used, misused and what their restrictions are? Investing isn’t just for retiring, it is also for the here and now. This being said, feeling unsure about where or how to invest your money, can make your financial goals feel out of reach. That’s why understanding the basics of investing can help make you feel comfortable about making decisions with your 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 an ETF
  • Consider the impact of investment fees on your investments
  • Outline various risks that come along with investing and how to reduce those risks
  • Ask the right questions to appropriate investment professionals who can help with investing your money

 

This workshop is conducted by the Credit Counseling Society of BC.

For inquiries about this course, please call  1-888-527-8999 or go to https://nomoredebts.org/

 

Prerequisites

There are no prerequisites for this session. 

Who Should Attend

Anyone who is seeking a better understanding of how to manage their money.