Resolutions for Investors 2010 Want to make 2010 a great year for your finances and investments? Here are some investor resolutions for the New Year that can help keep you on track:
- Resolve to Check First. Everyone is busy but find time to research any investment opportunity – and those who offer them – before investing. Check First and ask the right investing questions before making an investment decision. Understand your investing risk tolerance and learn about the red flags of investing.
- Resolve to make healthy investing a family affair. Take time to talk to your children about money and finances. For example, beware of unsolicited email messages or “cold callers” who approach you and your family over the phone – no matter how good the sales pitch sounds. Never give your Social Insurance Number (SIN), date of birth or credit card numbers to someone you don’t know and don’t rush into any investment. Make use of the free, unbiased educational resources available on the ASC site for teachers, parents and youth.
- Resolve to do a background check on your broker or investment adviser before investing. Learn more about the salesperson offering an investment opportunity. Use our website to find out how to conduct a background check and do a search to see if there has been any disciplinary action against the company offering the investment or the salesperson.
- Resolve to fight investment fraud. Make fraud prevention and detection part of your routine. Learn about common tactics of scammers with our Investment Scams resource. If you’ve been a victim, or suspect you may be involved in an investing scam, find out how to make an inquiry or a complaint.
So, why not start the year off right? Commit to these simple investing resolutions and help protect your money now and throughout the year. Comment on this blog... | About this Blog We’ve created this blog to present you with answers to some of the more popular questions we receive from investors. We'll have different subject matter experts blogging about what they know best and we'll update it as new blogs arise. We hope you'll find it interesting and helpful. Today's Blogger Hi there. I’m Lorinda Brinton, Senior Advisor for Investor Education at the Alberta Securities Commission (ASC). I’ve been at the ASC for over four years now and have been a part of many national and international investor education projects aimed at informing and protecting investors. Let us know if the information you find in this blog and on the ASC site is interesting and helpful when you are making important investment decisions. Here are some links I think you’ll find helpful:
Ask your question If you have a question you would like to see answered on this page, email them to questions@asc.ca. We may not use every question we receive but will concentrate on areas from which we receive the most inquiries. If you have a question related directly to your own situation, please contact ASC inquiries using our toll free number (1-877-355-4488) or email inquiries@asc.ca. If you have a complaint, email complaints@asc.ca or call 403-355-3888.
We encourage you to make use of our ASC resources to reduce your vulnerability to fraud, and to help you to become a better informed investor with some knowledge of how the markets work. Read our Helpful Brochures and Reading Material.
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