How to INVEST

Document Sample
How to INVEST
How to INVEST



Investing: giving money to someone else (e.g. a financial

institution) with the expectation you will get a return; what the

return is will depend on what you invest in.



Get information and advice before you invest your money.

Worksheet 4



1. What does investing mean to you?



2. How can you learn more about investing money?



3. Why is it important to start investing money when you

are young?



4. What does a Financial Advisor do?



5. Would you rather receive $10,000 now – or – a penny a day,

doubled everyday for a month (31 days)?

There are 3 characteristics that apply to all investments:





Expected return: interest, dividends, or capital gains you

expect to receive from your investment



Risk: the possibility of losing some, all, or more than the

amount you invested, or the possibility of earning a lower rate of

return than expected



Liquidity: how easy – and/or quick – it is to sell or redeem

the investment

Types

Advantages Disadvantages

of Investments



• Safe; insured by

government (to a limit)

Savings Account • Returns are usually low

• Pays interest

• Running Record





GICs • Safe • Keep money in deposit

(Guaranteed Investment • Higher interest than until it matures

Certificate) Savings Account • Returns are relatively low





• The market value can

• Usually fixed interest rate

drop due to interest rate

Bonds to the buyer at set

increases or an issuer’s

intervals

bad credit rating



• Generally safer than

• Depending on type of

corporate stocks

Mutual Fund, market

Mutual Funds • Allows diversification

value may decline

• Allows investing smaller

sharply

amounts



• Stock value may decline

• Unlimited potential on the sharply

Stocks

return on investment • Risk is greater than for

Mutual Funds


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