INDIVIDUALS WHO HAVE AN ADVISOR SHOULD EDUCATE THEMSELVES ABOUT THE FOLLOWING:

 

• Background check your investment company and Advisor

• Understand the terminology your Advisor uses

• Review why you are in a particular investment and how it is earning money 

• Are you properly diversified

• Why rebalance your portfolio

• Frequency of trades: research stocks and funds to see if trades are necessary

• Evaluate mutual funds 

• Be aware of fraudulent claims and/or Advisors 

• How to recognize a scam

• Cost of fees and/or commissions; the financial implications of fees and commissions on your gains

• Build trust with your Advisor by understanding that fees are necessary. You still need to know what fees you pay

 

http://www.pbs.org/wgbh/pages/frontline/retirement/etc/tyranny.html

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INDIVIDUALS WHO HAVE A SELF DIRECTED ACCOUNT SHOULD EDUCATE THEMSELVES ABOUT THE FOLLOWING:

• Learn how to identify solid stocks and industries

• Buying stocks or other securities

• Why are you in a particular investment and how it is earning money 

• Are you properly diversified

• Evaluate risk, fraudulent claims and/or promotions, pump and dump schemes

• Cost of fees and/or commissions 

• Frequency of trades

• Evaluate mutual funds, ETF's and other money instruments  

• Trading account, TFSA or RRSP - what works best for your present situation

 

Understand:

• What you own and why

• Growth and value   

• Dividends

• Capital gains and losses

• Regular statement and portfolio review

• Portfolio rebalancing and fees

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No security recommendations will be made by Arnason Investor Education. The objective is to teach participants the basics of investing with an dvisor or in self directed accounts.

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