Beat Investment Fraud, this Christmas!

In December, the TTSEC launched a media campaign aimed at generating public awareness about: The different types of investment fraud perpetrated against vulnerable persons; The warning signs; and How to protect against falling victim to such scams. The intent is to help protect investors by providing information on the different types of investment scams and the associated warning signs.     An investment scam can take many forms and can be executed by anyone. In this article, we aim to […]

Gaining Financial Independence

Discipline, Tolerance and Production. The watch words of our beautiful twin island, Trinidad and Tobago.  As a body politic, these words apply to every dimension of our lives. One such dimension in particular is our financial lives. We tend to spend a great deal of time mentally juggling mechanisms that will allow us to competently pay our expenses and still remain with sufficient disposable income to invest and recreate ourselves. We make it our duty to strive toward gaining Financial […]

MFATT: Types of Mutual Funds

A Mutual Fund is a collective investment scheme that pools investors monies to form the source for investments in various securities depending upon the investment objective of the scheme eg. equities, bonds, money market instruments, other financial securities.   For investors who would like to invest in mutual funds, where do they start? The number of funds is so large and investment programs so varied, that investors could become overwhelmed. Generally speaking, there are four broad types of mutual funds; […]

Managing your Family’s Finances

Managing your family’s finances isn’t an easy task. In addition to offsetting the cost of raising children and managing the household, you’re probably facing hefty financial burdens, such as saving for retirement, college tuition, home ownership, and more. Although it may seem a bit overwhelming, balancing your family’s short and long-term financial goals is possible.     The following tips will help you and your family move closer to financial security/ financial freedom.   Define your family financial goals- Remember […]