The TTSEC is the sole regulator of the capital market in T&T
The Trinidad and Tobago Securities and Exchange Commission or TTSEC is the sole regulator of the nation’s capital market which includes the market for stocks, bonds, mutual funds etc.
A security is an investment instrument used to create wealth.
A security is an investment instrument that has a financial value and can be used to create wealth. Securities can also be traded/transferred. The main classes of securities registered with the TTSEC are:
- Equities such as stocks / shares
- Debt instruments such as bonds
- Mutual funds
Investing is normally five years and over.
Investments can be short term (under five years) but are generally for five years and over. With investments, the money is invested in assets whose value can rise or fall
Risk is the degree of uncertainty about the return an investor would earn.
Risk is the degree of uncertainty about the return an investor would earn on an investment. This means that there is a possibility of an investor incurring a loss on his or her investments. Remember the higher the return, the higher the risk. That higher return is your compensation for taking on the additional risk.
Equities, real estate, equity, debt instruments and cash.
- Real Estate
- Equity (stocks/shares)
- Debt instruments (bonds)
- Cash and cash equivalents
Basic Steps – Goal Setting
The first step towards achieving your financial well-being is to Set Your Goals You will make better decisions about your money if you develop and follow a plan for investing. Ask yourself these questions and write down your responses: What are my top 3 financial goals? When do I hope to achieve those goals? How much money do I need to attain those goals?
Amount, goals, time frame and level of risk.
Your choices should depend on:
- the amount you have to invest,
- your investment goals,
- the time frame within which you expect your return; and
- the level of risk that you are willing to take.
Follow these five basic steps
Before you begin to invest, you should follow the five basic steps:
- Set Your Goals
- Find out your investor profile i.e. what type of investor are you?
- Determine your investment objectives
- Select your investment options.
- Seek advice from a registered financial advisor
What are the tips for making an effective complaint?
The key to making an effective complaint is to clearly define the problem and what you see as the optimal outcome. For best results follow the steps listed below:
- Gather your facts
- Provide a chronological summary of the matter
- Create a file with all supporting documents
- Document your preferred resolution