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- Types of investment scams
Investing basics blog
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3 common misconceptions about investing and how to overcome them
For many Canadians, investing can seem intimidating or out of reach. Misconceptions, often fueled by jargon, fear or misunderstanding can lead them to either avoid investing entirely, make risky decisions or worse, fall victim to investment scams. While investing is a continuous financial journey, understanding the basics and starting with strong fundamentals can set you up for success. Here is…
- Investing basics /
- investor protections /
- Types of investment scams
Top 3 Scams Seniors should be mindful of in 2024
June 15 is World Elder Abuse Awareness Day, a time when the Alberta Securities Commission (ASC) is encouraging older Albertans and their friends and family to recognize the signs of elder financial abuse and fraud. Investment fraud continues to be the most prevalent form of fraud across Canada with seniors often targeted due to the perception that they have large…
- Finances /
- Seniors
From saving to drawdown in retirement: Understanding RRIFs
Imagine this: you have diligently saved towards retirement for decades, consistently contributing to your Registered Retirement Savings Plan (RRSP) or Group RRSP plan through your employer during your working years. Now, with retirement on the horizon, a new question arises: how do you withdraw from your hard-earned savings and create a steady income stream through your golden years? One way…
- Investing basics /
- investor protections /
- Types of investment scams
Is crypto a good investment? Understanding the risks and rewards of crypto
After a bleak 2022-2023 marred by controversy and fraud, crypto is back in the spotlight. Driven by news including headlines of the launch of US-based spot ETFs, and evolving regulatory developments, this digital asset has seen a surge in valuation, attracting investors looking for alternative investments. A recent 2023 study by KPMG highlighted that Canada's investment sector was warming up…
- Finances /
- Seniors
