The Right Recipe

02/28/2022

Before diving into DIY investing, ask yourself:

Am I just jumping on the latest investment trend?

Am I listening to “Finfluencers” or financial influencers on social media? Am I considering a multi-level-marketing investment scheme or investing in meme stocks?

For this and other self-evaluation topics, visit therightrecipe.ca

02/25/2022

Do you know the red flags of fraud?

Use FCNB’s handy guide to arm yourself against fraudsters: Red flags of fraud
https://bit.ly/3yiEmNk

Experimenting is okay, as long as you understand the risks and take them with eyes wide open.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/23/2022

Resource share from FCNB: the 9 types of investment risk.

https://bit.ly/3oMWhsc

Experimenting is okay, as long as you understand the risks and take them with eyes wide open.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/21/2022

Experimenting full time – sound like you?

Today, we’re sharing a great article from the Financial Times.

Are leveraged Gen Z traders the next systemic risk?

https://on.ft.com/31UJgEa

Experimenting is okay, as long as you understand the risks and take them with eyes wide open.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/18/2022

Experimenting full time – sound like you?

Today, we’re sharing an article from USA Today.

Millennials are quitting jobs to become crypto day traders. Here's the risk, reward.

https://bit.ly/31T4ORp

Experimenting is okay, as long as you understand the risks and take them with eyes wide open.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/17/2022

Experimenting full time – sound like you?

Today, we’re sharing a story from GlobalNews.ca.

Canadians opened 2.3 million DIY investing accounts in 2020. Should you?

https://bit.ly/3oOGLw8

Experimenting is okay, as long as you understand the risks and take them with eyes wide open.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/15/2022

In case you missed it: Our Brewmaster friend’s fourth hard lesson:

His buddy told him about a hot new tech company and he just went for it.

But he had no idea when he needed to sell and ended up losing everything.

He should have been more strategic about his risk taking.

https://bit.ly/3zu0XHi

Watch it now on therightrecipe.ca

Our Brewmaster made a speculative investment because he wanted to get in on the ground floor.He had no idea what the stock value was based on, or when he nee...

02/14/2022

Before diving into DIY investing, ask yourself:

What is my risk tolerance?

Am I saving for short- or long-term goals? What is my level of investment knowledge? Do I make rash decisions based on emotions?

For this and other self-evaluation topics, visit therightrecipe.ca

02/14/2022

In case you missed it: Our Brewmaster friend’s ride on TikTok: 🎢

Spoiler alert: He experimented with some speculative investing and it didn’t end well.

https://bit.ly/31xEBrL

For the full story, visit therightrecipe.ca

Brewmaster invested in a hot tech stock because it made him feel so cool. It started out 😀It ended up…😖

02/11/2022

Do you know the red flags of fraud?

Use FCNB’s handy guide to arm yourself against fraudsters: Red flags of fraud
https://bit.ly/3yiEmNk

It’s important to be aware of your emotional reactions to the ups and downs of investing.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/09/2022

Resource share from FCNB: Investment terms and trends demystified!

https://bit.ly/3lZZ5Au

Trends can be tempting, but it’s important to weigh all the risks before jumping on the bandwagon.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca

02/07/2022

Following the latest trends – sound like you?

Today, we’re sharing an article from CBC.ca

Crypto exchange Quadriga was a fraud and founder was running Ponzi scheme, OSC report finds

https://bit.ly/3ykuOkJ

Trends can be tempting, but it’s important to weigh all the risks before jumping on the bandwagon.

On therightrecipe.ca, we’ve collected all kinds of resources for DIY investors.

Check them out at therightrecipe.ca