posts about investing
The evidence is in: when disaster hits, your first responders are probably not going to be actual first responders. They’re going to be your neighbours. Investing in your community is more than just an insurance policy against dealing with a bad situation on your own, though: it’s also a great way to build a better world, one block at a time.
When you give your money to someone in the hopes that it will create new money, it’s a good idea to know what you’re investing in. In today’s episode, we’ll take a little trip through investing 101 and the first steps you need to take to understand what you own and what you should expect from it.
The old paradigms of “investing is only about money” and “corporations only exist to maximize shareholder values” are actually shifting. Not fast, mind you, and it will take hard, sustained work to create long-term, meaningful change...but part of that change is the belief that it can be done. People like you, who engage with their wealth of resources as a source of future good can make it happen, and the first step is simply believing it can be done and acting accordingly.
Each online investment management company has a slightly different fee structure and value proposition. Calculating their relative cost for your circumstances will let you compare their relative value depending on the kind of service you want to pay for. (Includes a link to the Canadian Online Investment Advisor Fee Calculator.)
Whether you’re just starting out, or you’ve been investing for a long time, it’s important to know how much you’re paying to invest, and decide if it’s worth it.