Investment Basics
Learning Objectives
After studying this section, students should be able to:
- Recognize how compound interest is calculated and increases exponentially
- Describe various types of investments
- Understand the similarities and differences between mutual funds, index funds, and exchange-traded funds (ETFs)
- Identify the administrative costs included in a fund’s management expense ratio
- Obtain a high overview of how investment income is taxed in Canada
- Create a reasonable simple plan to an individual’s investment strategy
Disclaimer
The content relating to Investments is for informational purposes only, and does not constitute any legal, tax, investment, financial, or other advice. Any investments listed would only be referenced as examples. All content in this resource handbook is information of a general nature and does not address the circumstances and risk levels of any particular individual or entity. There is no recommendation of any investments based on your specific situation. You alone assume the sole responsibility of evaluating the merits and risks associated with any investment prior to making any such decisions.
