Global Money Week 2017

Global Money Week 2017   What is Global Money Week (GMW) all about? GMW is an annual global celebration, initiated by the Child & Youth Finance International (CYFI), with local and regional events and activities aimed at inspiring children and youth to learn about money, saving, creating livelihoods, gaining employment and becoming an entrepreneur. GMW 2017 is being celebrated this week, March 27, 2017 – 2 April 2, 2017. This year’s theme is ‘Learn. Save. Earn.’ Learn: Educating children and […]

What you need to know about Mutual Funds

At the end of 2016 the Collective Investment Schemes (CIS) or Mutual Fund market in Trinidad and Tobago collectively managed approximately $48 billion dollars. A more detailed look at the CIS market for 2016 can be viewed hereà  http://ttsec.org.tt/wp-content/uploads/CIS-Data-as-at-December-31-2016.pdf But what exactly is a Mutual Fund? A Mutual Fund is a type of Collective Investment Scheme wherein a company encourages people to pool their money into one fund. In other words, a Collective Investment Scheme is basically a fund that […]

Are You Sabotaging Your Retirement?

  Do you have a plan for your retirement? Do you know where your money will come from when you retire? Have you started saving for your retirement? If you answered no to any one of these questions then you may be sabotaging your retirement. Many young adults think that they’re too young to start saving for their retirement or, have not even realistically considered life beyond retirement. Individuals, young and old, need to have a plan for their retirement […]

Investing Basics: Selecting your Broker-Dealer

Before making a securities investment, you must decide which brokerage firm – also referred to as a broker/dealer – and sales representative – also referred to as a stockbroker, account executive, or registered representative – to use.   Before making these decisions you should: Think through your financial goals and objectives.               Talk with potential sales representatives at several firms. Meet them face to face and ask each sales representative about his or her investment […]