FL10.7 Examine various investment options.
Investing 101
The seventh episode of the “Cash Class” series looks at the concept of investing vs. saving your money, the importance of diversification for long-term financial health, and different investment options and accounts.
This video was specifically designed to address all of the Learning Indicators of Outcome FL10.7, and serve as a real-life scenario companion piece to the Building Futures in Saskatchewan curriculum correlations.
Investing might sound like something only adults in suits do, but it’s simply another tool for building freedom. We introduce the concept of investing and explain that growth comes with risk. A higher potential reward usually means more volatility, so diversification (spreading your money across different assets) is key. The video compares common investment options and also covers the basics of Canadian investment accounts. Lastly, we illustrate how compound growth accelerates over time, showing why starting early—no matter how small—is powerful.
Reflection question: If you had $100 to invest, what future goal would you want it to help you achieve? How comfortable are you with the possibility of ups and downs along the way?
This Outcome Looks At:
The purpose of investing.
Various types of investments.
Types of tax saving investment accounts.
The advantages of investing at an early age and the impact of growth over time.
The reasons for diversification of investments.
The concept of risk tolerance including risk versus reward.
The advantages, disadvantages, and ethical implications of various types of investment options.