Tag: mutual funds
Investing for Young People Part 3: Differentiating Mutual Funds
By: Elias KellendonkPerhaps jumping into the stock market has turned out to be more of a chore than you and your child anticipated. If savings bonds and GICs are not offering the rates of return you and your child would like to see their savings yielding, mutual funds are a promising alternative. At current Canadians have well …
Investing for Young People Part 2: The Difference Between Stocks, Bonds and Mutual Funds
By: Elias KellendonkHow to Pick your Stocks Now that your child is proficiently handling their chequing account, making debits and deposits responsibly, and has assessed their risk tolerance, it is time to locate an investment vehicle that will see their savings dollars grow. While an allowance and monetary birthday/holiday gifts might line the accounts, authoress Katherine R. …