Marcus Slade - Topic: Principles for Successful Investing

1. Investment Scams, Pitfalls and
….Principles For Successful Investing
Mark Driediger, Assante Financial Management
Marcus Slade, Mackenzie Financial Services
The Do’s and Don’ts of Successful Investing
June 18, 2008

2. Investment Scams
• West African Fraud
2

3. Investment Scams
• Prime Bank Instrument Investment Scheme
3

4. Investment Scams
• The Hallmarks of Forex Fraud
4

5. Investment Scams
• Affinity Fraud
5

6. Investment Scams
• Identity Theft
6

7. Successful Investing
• Have a Plan:
• Define investment goals
• Maintain focus on core objective and priorities
• Design and implement a plan
• Avoid emotion driven decisions
7

8. Successful Investing
• Acquire Knowledge:
• Seek advice from professionals
• Ask questions
• Be sure to understand what you buy
• Understand investment fees and benefits
• Know the link between risk and reward
8

9. Successful Investing
• Maintain Realistic Expectations:
• Don’t underestimate risk
• Don’t chase hot returns
• Don’t expect to effectively time the market
• Don’t be too conservative
9

10. Successful Investing
• Investment Strategies:
• Hire professional money managers
• Dollar cost average
• Diversify holdings
• Rebalance your portfolio
10

11. Successful Investing
• In summary:
Invest wisely… and avoid torpedoes!
11