How to become an Educated Investor in 2022
Many people kicked off the new year with investment resolutions.
However, for those getting started with investing it can feel overwhelming and uncomfortable.
The British Columbia Securities Commission is an independent provincial government agency that provides unbiased investing information through its investor education website, InvestRight.org.
InvestRight has a vast array of online tools and information to help British Columbians make informed investment decisions.
Pamela McDonald, director of communications and education at the B.C. Securities Commission, joined CTV Morning Live to share the difference between robo-advising and self-directed investing.
McDonald shared that robo-advisors, also known as online investment advisors, use technology to lower costs and processes. They require minimal or no direct human contact.
Self-directed or DIY investing is where individual investors build and manage their own investment portfolios.
When DIY investing, McDonald emphasized that it is important to understand your financial goals, time horizon, risk tolerance and investment knowledge. InvestRight.org has new video resources available to help investors deepen their knowledge.
Check out the full video from CTV Morning Live to learn more about becoming an educated investor in 2022.
CTVNews.ca Top Stories
B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Mountain guide dies after falling into a crevasse in Banff National Park
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
Expert warns of food consumption habits amid rising prices
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama asked to leave Ontario legislature for wearing keffiyeh
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Ex-tabloid publisher testifies he scooped up possibly damaging tales to shield his old friend Trump
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
Here's why provinces aren't following Saskatchewan's lead on the carbon tax home heating fight
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
Montreal actress calls Weinstein ruling 'discouraging' but not surprising
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams, Jayden Daniels and Drake Maye make it four NFL drafts with quarterbacks going 1-3
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.