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Half Banked - Do Young Investors Really Have to Risk It for the Biscuit?

Do Young Investors Really Have to Risk It for the Biscuit?

Half Banked

08/02/23 • 32 min

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Investing is a powerful tool that can help you grow your wealth and achieve financial goals. It can provide opportunities for your money to work for you. However, it’s not as simple as putting money into the market. It’s important to educate yourself about the world of investments and understand your own financial goals and mindset. As a young investor, now is the best time for you to start learning and investing.

In this episode, we welcome Parween Mander, founder of WealthyWolfe.ca, to the Half Banked Podcast to share her insights on starting your investing journey. As an accredited financial counsellor, she helps us understand the world of finances and investments from the lens of women with immigrant upbringings. We dive into understanding risk tolerance, investing methods and the importance of education about investments.

Join us in this episode to find out how to start your journey as a young investor.

Here are three reasons why you should listen to this episode:

  1. Understand the investing journey through the lens of young investors, women, and people with an immigrant upbringing.
  2. Learn about risk tolerance and other must-know information about the world of investing.
  3. Overcome your fear and uncertainty by building your confidence as a young investor!

Resources

Answer your money questions on money.ca

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08/02/23 • 32 min

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Half Banked - Do Young Investors Really Have to Risk It for the Biscuit?

Transcript

Parween Mander: If you log into your investment portfolio, if the balance has gone up, we don't have to be excited about that because it doesn't mean anything. Same thing, the balance has gone down, it doesn't mean anything, unless you choose to take action, unless you choose to sell at a loss and make that a realized loss or sell out at gain and earn that profit.

Bethan Moorcraft: Young Canadians are some of the most avid investors around.

Cadeem Lalor: Three-quarters of Gen Z her

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