NSSC Blog: Before You Invest

World Elder Abuse Awareness Day

First observed by the United Nations in 2012, World Elder Abuse Awareness Day (WEAAD) recognizes that nearly every country across the globe will see a substantial growth in the number of older persons in the next decade. With the population of older persons increasing, it unfortunately also leads to an increase in the amount of elder abuse.

Trusted Contact Person (TCP) – Did you assign one? Were you asked?

Do you have a trusted contact person (TCP)? At the end of last year new amendments to securities laws require advisers to ask their clients to name a TCP that the adviser can contact under certain circumstances. Advisers are required to ask for this information and get written consent to use it, but it is up to the investor to determine if they want to provide it.

Timing the Market or Time in the Market? Capital Gains/ Capital Losses

Welcome to the second part of our Timing the Market or Time in the Market blog series. Today we’ll be looking at capital gains and capital losses, specifically related to investing in stocks and ETFs.

You’ve likely heard the old adage “buy low, sell high” when it comes to purchasing stocks. A lot of people may have that goal, but it’s much harder than it sounds. We’re not saying you can’t and shouldn’t try to time the market to get in on the lows, but you must understand the risk you’re taking on when trying to do so.

Timing the Market or Time in the Market? Compound Interest

Today we’re starting a new blog series entitled, “Timing the Market, or Time in the Market?” In this series we’ll look at some of the specific ways investments make money and how that may be affected by either trying to time the market or by having time in the market. Some of the specific ways investments make money include interest, capital gains and dividends.