We’ll explain how stocks, bonds, mutual funds, and ETFs work. Even these powerful instruments can be used for either investing or gambling. Learn to spot the differences and invest instead. That is not only about the products used, but the strategy. Bad products or strategies can be alluring if you don’t understand how financial markets work or know the evidence behind them.
Whether you are DIY investing or working with a financial advisor it is important to have some intuition around risk and expected return, and how incentives may influence the products presented to you. So, join us for a deep dive into key investing concepts. Use the money scope to steer past the financial bovine feculence and straight down the lumen to long-term investing success.
“Risk sounds scary, but over long periods of time, investing helps to grow our wealth to provide for us later in life, and reduces the chance of losing purchasing power.”@benjaminwfelix
“Having this plan of growing your money over time is actually important, because it gives you flexibility if things don’t go as planned – which is actually relatively common.”@LoonieDoctor
“The distribution of individual stock returns tends to exhibit extreme skewness – most stocks don’t do very well, but a relatively small number do extremely well. And the result is that you’re more likely to miss out on winners than losers by trying to pick and choose individual stocks.”@benjaminwfelix
“Investing should be boring, but satisfying.”@LoonieDoctor