Financial Literacy 10 (2026 FINAL)
FL10.8
Explore various investment options.
Indicators for this outcome
| (a) | Investigate the purpose of investing. |
| (b) |
Differentiate between various types of investments including:
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| (c) | Explore types of tax-saving investment accounts (e.g., Tax Free Savings Account [TFSA], Registered Education Savings Plan [RESP], Registered Retirement Savings Plan [RRSP]). |
| (d) | Explore the advantages of investing at an early age and the impact of growth over time. |
| (e) | Explain the reasons for diversification of investments. |
| (f) | Explain the concept of risk tolerance including risk versus reward. |
| (g) | Compare the advantages, disadvantages and ethical implications of various types of investment options. |
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