On October 9, BCSC InvestRight announced the launch of a new investor education video that supplements the Guide to Investing: How to be an Empowered Investor.

The video, Informed Investing: Investment Fees, provides background information on investment fees and how to approach your advisor to get clarification on the fees associated with your portfolio.

Since the fees you pay will affect your returns, it is important that you know what direct and indirect fees you are paying for your investment, and/or for advice. To get clarification on the different types of fees that you may be asked to pay, visit InvestRight’s Fees & Charges page.

When working with an advisor do not hesitate to ask questions and always remember to factor all fees into your return calculations. The Informed Investing: Investment Fees video gives some examples of the questions that you can ask when considering an investment, and the information you can request when working with a financial advisor.

This video is available in the Investor Toolkit on InvestRight.org, which now includes all three videos from our Informed Investing video series and the Guide to Investing: How to be an Empowered Investor.

The Guide to Investing: How to be an Empowered Investor has worksheets that will help you ask about fees before you invest, and information on how to conduct an annual portfolio review to determine your investment returns.

In next week’s blog post, we will feature the video, Informed Investing: Titles and Designations, which was also launched on October 9.

Suggested Reading

In Your Community - May 2013

Investor Alert: BCSC issues warning about Profitable Sunrise

City of Surrey’s Focus on Seniors forums

More Resources

A Simple Guide to Understanding RRSPs

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Canucks and the BCSC announce financial literacy partnership

Canucks Sports & Entertainment is proud to announce its new partnership with the BC Securities Commission. The Canucks will partner with the BCSC to provide a variety of investor education, financial literacy and business seminars to Canucks staff, affiliates and business partners. The partnership will also include joint projects involving fans and B.C. high school […]