July 2020

Boost your financial skills for the new normal

(NC) Embracing a new normal can prompt us to review and adapt our day-to-day habits and routines. While many people are taking time to try new things or expand their knowledge, an important area to focus on now more than ever is our financial skills.

For some of us, levelling up our investing knowledge may be at the top of our to-do list. With many investing services and resources available online, it’s something that can be done from the comfort of your own home, whether you’re a seasoned pro or just getting started.

While there is a lot of information out there, finding the right tools and understanding how they can best support you are important first steps. Here are some considerations:

  • Up your investor IQ. The internet is full of personal and professional ideas, resources and how-to guides on investing. It’s important to understand how to navigate through the clutter and identify what information is best for your circumstances and individual investing needs. Don’t be afraid to reference multiple resources. There’s isn’t a one-size-fits-all approach.
  • Leverage bespoke resources. The amount of information out there can be overwhelming. Having access to learning resources that connect the dots for you in one convenient place can make getting started less intimidating. TD Direct Investing offers an online learning centre filled with step-by-step video lessons and live and recorded master classes to help novice and expert investors along their financial journey. This resource hub can also offer straightforward explanations and plain, everyday language from investing basics to advanced techniques.
  • Finding the right fit. Understanding which investments can help you best achieve your goals before jumping into new trends or ventures can minimize risk. Knowing your options and picking the ones most appropriate for your individual financial needs and personal goals is a great first step before you start investing.

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