COVID-19 Are we F*cked ?
Are we financially f*cked with the COVID-19 Pandemic ? Right now, yes, but can we and the economy recover from this? That remains to be seen, maybe these are new times.
Are we financially f*cked with the COVID-19 Pandemic ? Right now, yes, but can we and the economy recover from this? That remains to be seen, maybe these are new times.
If you are a Canadian Index Investor you may be heavily exposed on Bank investments (or financial investments in general). You should look into this further, and figure out if you are comfortable being that invested in Financial Institutions.
FUD financial messages look to create Fear, Uncertainty and Doubt in customers or in investors (to the advantage of bankers or investment firms).
If you have a TD Mutual Funds account how do you do to stop having your e-series orders rejected ? It is not as easy as you would think, and it has to do with your TD Mutual Funds investment risk profile.
There are two key investment strategies that all folks need to have, that are obvious, but rarely ever spoken about. The second strategy is the one that most folks seem to forget about.
Why are you buying? What is the reason you are investing? Is this for a retirement fund, emergency fund, or just savings in your TFSA ? You need to answer that question and that is the cornerstone of your buy strategy.
When are you going to buy can be important, but market timing isn’t going to work out. When are you going to start investing is more important in your buy strategy.
What are you going to buy? Stocks, mutual funds, index funds, ETFs, and GICs are just some of the investment vehicles you can use to invest your money. Depending on what you buy, you will then need to think about how often and when you buy.
How much are you going to buy? How much money do you have to invest? Another important aspect of your buy strategy.
The other aspect of your key investment strategies is one that far too many folks don’t have.
Read More »2 Key Investment Strategies