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Tuesday, October 6, 2009

Importance of Proper Investing

The Executive Director of the New Brunswick Securities Commission says 61% of people in this province think financial planning is important, but 70% don't have a formal plan with investment goals. Rick Hancox tells CHSJ News when it comes to investing we know what we should be doing but, we don't necessarily do it.

Hancox adds the type of plan you choose shows your risk tolerance such whether or not you are willing to lose money in your investments.