Ep. 73 – Answers! To the internets most frequently asked investment questions.

July 16, 2021 Island Savings - Valley First - Envision Financial - Enderby & District Financial | Divisions of First West Credit Union Season 2 Episode 73
Ep. 73 – Answers! To the internets most frequently asked investment questions.
Show Notes

It could be on your mind right now. One (or more) of the same questions that people are seeking answers for online. So, this week on WealthBeing™ our co-hosts are cutting straight to the facts. We’ll reveal what you need to know about 10 commonly searched queries online.

2:35 – Hot in Money: Explaining the factors causing such unpredictable commodities prices in 2021.

5:30 – Expert Examination:

- How much money do I need to retire?

- How much money should I be saving from my paycheque?

- Should I get into investing now or pay off my debt?

- What is a Robo-advisor?

- How do I know if I should invest with an advisor or self-manage my investments?

- What does “pay yourself first” actually mean?

- What are “bear” and “bull” markets and should I invest differently in them?

- Is buying stocks basically the same as gambling with my money?             

- What is a “market correction”?

- What is an index fund and why would I use one?

33:45 – Financial Fix: It’s likely you’ll go in search of more answers on the internet, and Kevin has a strategy to help you evaluate the information you receive online.

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If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.

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Travis Koivula

Senior Wealth Advisor | Senior Investment Advisor 

Island Savings Insurance Services | Credential Securities

Travis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).

Sheena Sanders

Wealth Planning Specialist, Valley First

As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. 

Kevin Lehman

Regional Manager, Business Banking, Envision Financial

When asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial’s Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin’s search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.