Financial Wellness Fundamentals

The financial literacy sessions will examine the international and domestic stock and bond markets

Investing 101 : Introduction to Financial Literacy

Evaluation of mutual funds, exchange traded funds (ETFs) and dividend equity investments and the major effects of fees on an investment portfolio.
Explanation of fixed income investments, government and corporate bonds, Guaranteed Investment Certificates (GICs), and cash in a portfolio
Understanding of the “ sleep at night portfolio “ and your investment risk profile.
Explore the value of Registered Retirement Savings Plan, Tax Free Savings Accounts, Registered Education Savings accounts and Registered Retirement Income Plans
Discover the effects of long term compound interest inflation, the 72 formula, dollar cost averaging , “pay yourself first principle" and setting financial goals .

Investigate the difference between passive and active investing "The Couch Potatoe Portfolio", and the Robo Advisor investment programs, versus do it yourself investing versus role of a good advisor.
Create awareness and understanding of the effects of interest rates, Macro (top-down) and Micro (bottom up) investing Principles, world asset allocation on an investment portfolio. Does the 60% equity 40% fixed income portfolio still work ???
Discover research techniques and research resources to gain more personal life long financial literacy as it affects an investment portfolio
Understand the basic tax implications of the Registered accounts covered in Introduction 101 and the tax advantage of dividend income.
Explore the implications of logical versus emotional investing, “ greed and fear implications “ and your money personality..
Understand the history of “Black Swan events", equity bubbles, “and 10 to 20% stock market corrections and the implications on an investment portfolio.

Consultant: Les Schmidt President of Schmidt’s Investing Limited since 1995 and twenty eight years of teaching High School Business

Cost: $ 80 for 90 minutes learning session. A waiver must be signed to indicate no financial advice will be provided and there is no affiliation to any financial institution

Important Considerations for an Investment Portfolio

The Canadian equity market represents only 2-3% of the entire world equity market.
Bonds are used to smooth out an investment portfolio and reduce the volatility of stocks.
How to lose 80% of your investment portfolio
The "Tulip Bubble" in the Netherlands in the 1700s
Why I fired two of my financial advisors