Advent Financial Calendar Day 18 – A QR-Code
In your box you find a piece of paper with a QR code on it. What do you do with it? It might lead to something cool, or just more hype.
#Advent #QRCode
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Investing: And He’s an expert!
Garth Turner’s commentary about Nortel shows that most talking heads about most topics usually end up talking out of both sides of their mouths (eventually).
With Money Never is Better than Late?
When it comes to the Fear of Missing Out (FOMO), maybe it is better never than late financially. Giving tricky financial advice a pass might be the best choice.
2 Key Investment Strategies
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.
A Buy Strategy
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.
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Investment Risk Profile
The investment risk profile is important for the investment firm’s lawyers, but does it really do any good for the customer? That can be debated.
