Marcus Slade - Topic: Principles for Successful Investing

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Marcus Slade - Topic: Principles for Successful Investing

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Marcus Slade - Topic: Principles for Successful Investing

  1. 1. Investment Scams, Pitfalls and….Principles For Successful InvestingMark Driediger, Assante Financial ManagementMarcus Slade, Mackenzie Financial ServicesThe Do’s and Don’ts of Successful Investing June 18, 2008
  2. 2. Investment Scams • West African Fraud2
  3. 3. Investment Scams • Prime Bank Instrument Investment Scheme3
  4. 4. Investment Scams • The Hallmarks of Forex Fraud4
  5. 5. Investment Scams • Affinity Fraud5
  6. 6. Investment Scams • Identity Theft6
  7. 7. Successful Investing • Have a Plan: • Define investment goals • Maintain focus on core objective and priorities • Design and implement a plan • Avoid emotion driven decisions7
  8. 8. Successful Investing • Acquire Knowledge: • Seek advice from professionals • Ask questions • Be sure to understand what you buy • Understand investment fees and benefits • Know the link between risk and reward8
  9. 9. Successful Investing • Maintain Realistic Expectations: • Don’t underestimate risk • Don’t chase hot returns • Don’t expect to effectively time the market • Don’t be too conservative9
  10. 10. Successful Investing • Investment Strategies: • Hire professional money managers • Dollar cost average • Diversify holdings • Rebalance your portfolio10
  11. 11. Successful Investing • In summary: Invest wisely… and avoid torpedoes!11

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