NSSC Blog: Before You Invest

Impersonation Scams Part 1 – The Rich and Famous

It’s Fraud Prevention Month and to help protect investors we’re going to highlight a couple of prevalent scams that have caused considerable losses for investors throughout North America. Both are impersonation scams, but who is being impersonated is different.

In part one of our look at impersonation scams we’ll look at fraudsters who are impersonating rich and famous people to lure their victims to invest.

Are all investing apps the same? - Choosing an investing app that’s right for you

It’s never been easier to invest. Thanks to investing apps on smartphones, you can buy and sell investments and check on your investment portfolio almost anytime, anywhere. The ease of access to investing markets has also led to several different investing apps flooding the app market as well. Not all investing apps are created equal, and some may not even be safe to use.

RRSP refresher

We’re nearing the end of January which likely means that a lot of Canadians are starting to think about their tax return. It also means a lot of Canadians are thinking about their Registered Retirement Savings Plan (RRSP). At tax time you may see several ads on TV, radio, online or in print reminding you that the RRSP contribution deadline is coming up.