Saving and Investing
Can I save if I am under 18?
You can save from any age. If you need your parents or guardians assistance to open up a savings account- just ask. The sooner you start, the better.
What is my risk tolerance?
Risk tolerance is different for each person – there is no definitive answer. It all depends on what you want out of your investment and how long you plan to invest for.
Isn’t all investment risky?
Yes, all investments hold some level of risk. However, depending on your risk tolerance, you can choose how much risk you take on with your investment.
Which retirement fund is best for me?
Chat to a professional about this. Make sure that whoever you chat to is a registered broker and that the broker understands what your needs are. Ask as many questions as you need to and make sure that you understand all the rules and regulations for the fund that you decide to invest in.