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Tag Archives: Youth
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December 7, 2012
- Masters of Money
The Sooner You Start, the Better Off You Will Be
Now here’s a universal truth that’s often supported by those ubiquitous surveys released by financial institutions: the sooner you start to save and invest, the better off you will be. From what I’ve heard anecdotally, today’s young people are far more attuned to the message of putting aside money for the future. MORE
March 16, 2012
- Masters of Money
Guaranteed Investment Certificates (GICs): the Income Investment for the Young and Old
One of my best investing moves was nabbing a 5.15 per cent five-year guaranteed investment certificate (GIC) for my boys’ registered education savings plan. If you ever get a chance to get a virtually risk-free return like that, jump on it. I know I will. If there’s one thing I regret about that GIC purchase, it was that I didn’t buy more. MORE
October 14, 2011
- Masters of Money
Can Young Investors Afford to Be Aggressive?
Make way for the young conservatives. No, they’re not a political club – more like an investing movement. While some youth engage in all kinds of risky behaviour, many are choosing the safe approach to investing. Surveys of young adults have shown this to be the case since the stock market plunge of 2008–09 and it begs a question: Why? MORE
Tagged Aggressive, Investing, stocks, Youth
October 5, 2011
- Masters of Money
Invest Early, Invest Often
My start as an investor dates back to the mid-1980s, when I opened a registered retirement savings plan (at my dad’s suggestion) and put the money in – wait for it – a daily interest savings account. Hot stuff, eh? Never mind. When you’re a young adult like I was, your goal should be to get started as an investor as soon as you can without obsessing about finding the perfect investment vehicle. MORE
Tagged Getting Started, Investing, Youth
