True or False? Investing in the Exempt Market
A brief summary of facts about investing in the exempt market.
You need to be wealthy to invest in the exempt market
FALSE - Although you need to qualify for a minimum threshold, it is reachable for many households earning a good income
There is only a narrow range of investments available in the exempt market
FALSE - Exempt market investments come in diverse forms, are in every industry sector, and provide different types of income
There are tax advantages to investing in the exempt market
TRUE - You can use your TFSA, RRSP, RRIF, and other tax reducing vehicles to invest in the exempt market
No one is watching out for you when you invest in the exempt market
FALSE - One of the Exempt Market Dealer's main jobs is to protect investors' interests. Aside from ensuring you have the means to invest, we also assess whether an exempt market product is suitable for you.
Investing in the exempt market has little to no risk
FALSE - Investing in the exempt market poses higher risks than regular investments. Deeper due diligence is required before diving in. Take the time and talk to a professional advisor about whether you can handle investments with a higher risk profile.
Exempt market investments are risky because they are not regulated.
FALSE - The Canadian Securities Administration and provincial agencies regulate the exempt market as well.
This article is for informational purposes only and should not be construed as financial advise. Please consult your financial professional before making any investment.
To learn more about investing in the Tri City Group Monthly Income Mortgage Trust visit our exempt market dealer hpcpl.ca or call us at +1 (604) 428 9964