Money Canada Winter 2015

The current issue of Money Canada is available now and deals with financial literacy and some of the ideas experienced professionals have come to notice. Thanks to James Dean, CEO, I have a lengthy article included within.  My article deals with Financial Literacy and Investment

money magazine winter 2015

 

It focuses on four aspects of investing and the field of investment.

  1. The need to learn the language of finance
  2. The personal skills required to be successful
  3. Ignoring the noise
  4. Noticing that academics are looking for a general theory and have not found it

The last part offers advice as to managing your efforts.  What should a literate investor do?

  • Define your own success
  • Understand compound growth
  • Understand capital and yield
  • Understand specific products
  • Be careful with RRSPs
  • Use advisors to fill in your knowledge gaps
  • Notice academic ideas but do not rely on them
  • Learn about risk
  • Learn about yourself
  • Do not track performance too closely

Money Canada Limited offers a range of  information services.  The Magazine is just one.  You can connect to others from the main site  Money.ca

Take a look.  There is a wide range of useful information available.  Some of it will matter to you.

Contact: don@moneyfyi.com  

Don Shaughnessy is a retired partner in an international public accounting firm and is presently with The Protectors Group, a large personal insurance, employee benefits and investment agency in Peterborough Ontario.

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