Marie-Christine Daignault | Desjardins Group
The stock market can be overwhelming for people with little investment experience. You don’t need a PhD in Economics, though, to understand the basics. A little time, a lot of curiosity and a keen interest in the topic is all it takes!
When it comes to finances, knowledge is power!
Your challenge: become a savvy investor
Step 1: Do some honest reflection. You’ll need to identify your saving goals, know your limits and figure out your risk tolerance.
Step 2: Dream. Why are you investing? Is it to buy a condo, take a dream vacation, finance your education, prepare for retirement, or for something else? Whatever your reasons, they need to be meaningful to you.
Step 3: Determine your investor profile.
Step 4: Open an account to invest online.
Step 5: Get informed.
Step 6: Take control and jump in.
We give you this challenge to encourage you to develop new micro-habits. Without even realizing it, you can save a lot of money—and often faster than you think!