No one plans on being a victim of investment fraud. That’s why everyone should know the red flags of investment fraud so you can identify them and avoid them to protect yourself from fraud. Here are some of the red flags to watch out for.
NSSC Blog: Before You Invest
March is Fraud Prevention Month!
The Nova Scotia Securities Commission has several events and new content planned for the month to help you become a more informed investor and protect yourself from fraud.
Before You Invest Blog Posts:
For the next two weeks in February we’re going to be taking a closer look at fixed-income securities. A fixed-income security is an investment that delivers a return in the form of fixed periodic interest payments and the eventual return of the principal investment at maturity.
A new year means a new semester. New classes. New students. New teachers. And with that comes new opportunities.
In case you needed another reminder it’s tax time. Every year at tax time the Commission delivers a few tax reminders for investors to make sure they’re not missing a few important pieces of information about taxes and credits that could apply to their investments.
Last week we published a quick review of Registered Retirement Savings Plans, or RRSPs. As we said in that post it’s RRSP season for investors and advisers. So, investors can expect to see ads online, in print, or broadcast on TV or radio reminding them to contribute to their RRSP before the contribution deadline.
It’s January which means it’s the beginning of tax season. For many investors and advisers, it’s also Registered Retirement Savings Plan (RRSP) season. During RRSP season you may receive reminders from your adviser or see ads telling you not to miss the RRSP contribution deadline. The way this is communicated can be confusing for some investors because ads often leave out the word ‘contribution,’ and instead simply say go get some RRSPs.
During RRSP season remember two things:
Part of the Nova Scotia Securities Commission mandate is to protect Nova Scotia investors. One of the ways we do that is by issuing investor alerts and cautions. You can find all the alerts we’ve issued for the last seven years on our Investor Alert Database.