Mutual funds make regular investing easy

DO YOU WANT to get more potential from your investments? A pre-authorized monthly investment program is a good start. Mutual funds are a great way to take advantage of this powerful financial strategy. Here’s how:

By simply investing in mutual funds on a monthly basis you can tap into three key benefits:

Forced savings. An automated investment program can help you achieve your savings goals. The fixed monthly investment comes right out of your bank account. By “forcing” you to save, your investments maintain their priority in your financial plan. And after a while, you don’t even notice the money.

Lower minimums. To make it even more convenient for you, some fund companies have lower initial investment requirements if you commit to a regular investment program.

Enhanced growth. The sooner you invest, the sooner your money can start compounding. In a registered plan, where your savings grow tax-deferred, the benefits are even greater. Habitually investing at regular intervals is usually easier than trying to come up with large sums. It’s also an easier way to maximize your Registered Retirement Savings Plan (RRSP) contribution.
A monthly investment program can be the cornerstone of your financial plan. If you would like to start one, we’d be happy to help.