Are Your Investments Protected? Don't Lose Everything Before Retirement

Investment fraud is all around us, and we've seen increases in this front since the start of the pandemic. It's extremely important to know if your investments are protected so that you do not lose everything before retirement. In this video we'll discuss the largest Ponzi scheme in history orchestrated by Bernie Madoff, along with the Canadian Investor Protection Fund, which is a fund that could be protecting your investments.

5 ways to level up your financial plan:

OUTLINE
0:00 - What We're Covering
0:36 - Investing Academy
1:03 - Bernie Madoff Story
2:08 - How Investment Firms Work
3:11 - Fraud Is Very Prevalent
4:20 - What Is The CIPF
5:37 - What CIPF Covers
6:40 - Who Qualifies For CIPF
8:13 - There's Still Investment Risk
10:43 - Seniors Are More Vulnerable

This presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Every effort has been made to ensure the accuracy of its contents. Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Returns are not guaranteed and past performance may not be repeated.

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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

#retirement

[TakashiNippon]

if u have two tfsa from two different brokerage are u insured for 1 Million each?

[tomatoseed]

What should we do about mutual funds in RRSP and TFSA during this rocky stretch in stock market? Ride it out?

[rosemariel.]

Hi Adam. If you borrow money for investment purposes such as buying Amazon, Tesla and Google stocks in a non registered account, are the interest tax deductible against your income. Thank you