Some reference material for the class. Get to as much or as little of it as you have time for. Helpful but not critical for getting something out of the class:
Understanding the basics of investing (2 min): https://www.youtube.com/watch?v=jNw4jL9sHFM
Investing & Investments 201 (we’ll review this list during the class)
- Types of Investments:
- GIC’s
- Stocks – public and private
- Bonds: gov’t, corporate – investment-grade, high yield
- Commodities & Futures: oil, gold, silver, wheat, currencies, etc
- Real Estate
- Managed Futures
- Mutual Funds: equity (stocks), fixed-income (bonds), balanced (stocks & bonds), geographically-focused including global, style-focused (small-cap, mid-cap, large-cap, growth, value, GARP, sector-focused, commodity-focused), index funds
- ETF’s (Exchange-Traded Funds)
- Hedge Funds: long/short, market-neutral, special situations, arbitrage
- Options
- How/Where to Invest:
- Bank
- Mutual Fund Dealer
- Discount Brokerage Firm (do it yourself)
- Full-service Brokerage Firm
- Types of Advisors:
- Financial Advisor (licensed through MFDA – Mutual Fund Dealers Association of Canada)
- Investment Advisor (licensed through IIROC – Investment Industry Regulatory Organization of Canada)
- Types of Accounts:
- Non-registered (cash or margin account)
- TFSA (Tax-Free Savings Account)
- RESP (Registered Education Savings Plan)
- RRSP (Registered Retirement Savings Plan) – becomes a RIF after age 71
- LIRA (Locked-In Retirement Account) – becomes a LIF after age 71
August 30 at 6:30-8pm at Coco Brooks, Calgary, 32ave & 19st NE (NE corner). Coco Brooks closes to the public at 6pm, so if desired we can eat there before class (order before 5:30pm), and we can even order pizza through their website to be ready at 6pm or sooner to save time www.cocobrooks.com. Your coaches look forward to meeting and encouraging you on your journey! Sign up to this blog on the main page to be kept informed of any updates.