Understanding Investment Basics
Develop a solid foundation in investment principles with this comprehensive introductory course designed for Canadian learners. Understand different types of assets, learn the importance of diversification, and discover time-tested principles for building wealth over the long term.
This course demystifies the world of investing, providing you with the knowledge and confidence to make informed decisions about growing your wealth. Whether you're just starting to invest or looking to strengthen your foundational knowledge, this course provides essential education for your financial journey.
What You'll Learn:
- Understanding different asset classes and their characteristics
- Principles of diversification and portfolio construction
- Understanding investment accounts available in Canada
- How compound growth works over time
- Managing investment emotions and behavioral finance
- Understanding fees and their impact on returns
- Long-term wealth building strategies
- How to evaluate investment options for your goals
Course Details
Investing can seem intimidating, but it's an essential skill for building long-term financial security. This course breaks down investment concepts into understandable lessons, providing you with foundational knowledge that will serve you throughout your investing life.
You'll start by learning about different types of assets, including stocks, bonds, and other investment vehicles. The course explains what each asset type is, how it works, and the role it can play in a diversified portfolio. You'll understand the characteristics of different investments, including their typical behavior over time and how they respond to different economic conditions.
A key focus of this course is understanding diversification—what it means, why it's important, and how to implement it effectively. You'll learn about asset allocation strategies and how to build a portfolio that balances growth potential with appropriate management of uncertainty for your personal situation and timeline.
The course covers investment accounts available to Canadians, including RRSPs, TFSAs, and regular taxable accounts. You'll understand the advantages and limitations of each type of account and learn how to choose the right accounts for your investment goals.
One of the most powerful concepts in investing is compound growth, and this course helps you truly understand how time and consistent contributions can build significant wealth. You'll see concrete examples of how money can grow over different time periods and understand why starting early and staying invested are so important.
The course also addresses the psychological aspects of investing, helping you understand common behavioral biases that can lead to poor investment decisions. You'll learn strategies for managing emotions during market volatility and staying focused on long-term goals rather than reacting to short-term market movements.
Understanding fees and costs is critical for investment success, as even small differences in fees can significantly impact long-term returns. This course teaches you how to evaluate the total cost of different investment options and understand how fees affect your wealth building over time.
Course Format:
- Self-paced online learning accessible anytime
- Lifetime access to all course materials
- Video lessons with clear explanations and examples
- Downloadable investment planning worksheets
- Investment calculators and planning tools
- Real-world case studies and scenarios
- Certificate of completion