Whether an investment portfolio is well-stocked or not, everyone wants to get the most from it. How to make the right investment choices to build your portfolio?
It is not easy to choose what type of investments: term savings commonly referred to as fixed-rate GICs, market-linked guaranteed investments or market-linked GICs, bonds1, stock1 and mutual funds1. Which should you choose?
What projects do you want to invest for? Do you have several? Would you like to achieve them in the long term or in the short term? Do you want to save for a trip in two years, plan the cost of your children's education, prepare the retirement you are planning in 10 to 15 years, or even get rich? Whatever your project, there is no universal recipe. Your investment strategy must take into account your goals, but also where you are in your life.
Moreover, are you a prudent or ambitious investor? This is a crucial question to ask yourself before choosing the type of investments in your portfolio.
All these questions are essential to get the most out of your investment portfolio. Let us guide you [link: make an appointment] to offer you investment strategies according to your goals and your investor profile. Our advisors and financial planners will be able to advise you on investments, because the golden rule is diversification.
In other words, putting your eggs in multiple baskets to reduce the overall risk of your investments. After all, an informed investor earns more returns.
1. Mutual funds are offered through Credential Asset Management Inc. Mutual funds, other securities and securities related financial planning services are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered trademark owned by Aviso Wealth Inc.