zhouhui

30%???除了佩服，还是佩服。我买的高风险的基金，像是拉美，材料，能源，最多的时候跌了20%多，现在张回去了一些，其他的像是加拿大股市基金，根本没有跌出过20％，像是bond基金，更没有跌出10％。

如果楼主的钱不是捡来的，真的应该好好搞明白怎么回事了。我也是搞工程的，去弄明白基金是一件很容易的事，不像股票那么大的风险和花那么多时间。

http://globefunddb.theglobeandmail.com/gishome/plsql/gis.fund_srh

这个比银行投资帐户的工具更好用

tracy

Thanks Zhouhui,

The website you recommanded looks pretty good...

chenhui

<<    >>

Fundamental factors

External events

Events that are unpredictable and that have an impact on the economy and subsequently on share prices (for example, wars, revolutions, currency devaluations, assassinations, trade agreements or disputes, changes in commodity prices).

For example, the devaluation of the Brazilian Real in January 1999 caused a sell-off in Brazilian stocks. Investors then perceived the risks of investing in Brazil to be too high and started to sell their Brazilian as well as Latin American shares, causing share prices, in general, to fall. When the share price declines were added to currency losses, the results were very negative.

Fiscal policies

These are the policies of government that relate to government taxing and expenditure measures. These policies can affect the overall level of economic activity and, as a result, the profitability of individual industries.

For example, tax increases reduce disposable income, which dampens consumer confidence and spending. That can negatively affect corporate profits and share prices.

In another case, fiscal policies such as the introduction of the dividend tax credit and the exemption from tax of a portion of capital gains were designed to encourage greater share ownership by Canadians. The success of these policies would tend to boost share prices through the higher demand for shares.

Monetary policies

These are the policies established by the Bank of Canada to influence the level of economic activity in efforts to maintain stable prices (that is, control inflation). The Bank of Canada affects the level of economic activity primarily through its influence on short-term interest rates. We have already spent some time discussing how the Bank influences short-term rates by transferring government deposits, affecting demand for T-Bills, and generating change in the bank rate, which then impacts other rates.

The Bank also controls the money supply to the economy, but the money supply tends to be a secondary interest to the Bank as compared to interest rates. The Bank is primarily interested in the level of total spending in the economy, and, should inflationary pressures start to build, the Bank will try to dampen spending with higher interest rates. The money supply will then change according to the changes in spending generated by the Bank.

Changes in the rate of interest that are generated by the Bank will, therefore, affect the level of economic activity and, as a result, company performance, profits, and stock prices.

For example, higher interest rates will tend to attract investors away from equities and toward fixed income investments. As a consequence, share prices may fall. The reverse also holds true.

Inflation

This can cause uncertainty and lack of consumer and investor confidence in the future. High inflation leads to higher business costs that must be passed on to consumers in order to maintain profitability levels. If they can't be passed on, if consumers resist, then corporate profits fall, and share prices fall. Higher rates of inflation lead to higher interest rates, which tend to dampen consumer spending and investment, again lowering profits and ultimately share prices.

Low inflation rates tend to generate more consumer and investor confidence and allow companies to control costs and profitability levels much more effectively. The environment for investment tends to be more stable, which tends to encourage investors and helps to improve management decision making and planning. All of these possibilities can have a positive effect on share prices.

Business cycles

These cycles represent the various phases of economic growth for the economy over time. The economy tends to experience periods of economic expansion (growth in total output measured by real GDP) when employment and incomes tend to rise. As the economy reaches a certain point, however, inflation pressures tend to set in, pressures from high levels of consumer spending, rising production costs, and pressures from wage demands. These forces tend to put upward pressure on prices.

As inflationary forces set in, interest rates will tend to rise. The combination of rising prices and interest rates causes the economy to reach a peak and then experience a period of decline. If an economy experiences two consecutive quarters (three-month periods) of negative growth, the economy is said to be in recession. The length of the period of decline or recession can vary significantly.

During periods of decline, unemployment will tend to rise and incomes will tend to fall. Over time, inflationary pressures tend to ease, price increases tend to moderate, and interest rates tend to fall. Eventually, the decline will bottom out in a trough of the business cycle, and the economy will begin another period of economic expansion.

Common share prices normally rise prior to and during periods of economic expansion due to expectations of an improving economy, improved corporate performance, and rising profits. Share prices usually fall prior to and during periods of business decline, perhaps even when economic conditions still appear favourable.

Investors try to anticipate the peak and sell before the peak is past, because investors know that corporate profits will tend to fall past the peak of the cycle. Investors will sell their shares to lock in the capital gains they have achieved during the period of economic expansion. The important thing to remember is that stock market levels result from investors' anticipation of the economy. Markets lead the economy by as much as 6 to 12 months.

Technical factors

Technical factors relate to the conditions within, not external to, the stock market itself. They include:

• price movements
  
• trading volumes
  
• supply and demand factors
  

For example, during a period of expansion and improved corporate performance, it can be expected that share prices should rise due to this external influence. But how has the market itself responded? Has the market over bought and pushed some prices too high?

Analysts attempt to determine the probable course of share prices by examining the past and present actions of the market. They look at how the market has responded in the past and the trends it has demonstrated.

Derivatives

<<    >>

A derivative is a type of investment that has a value based on the value of another investment such as a stock, a bond, a currency, or a commodity. That is, it derives its value from something else.

There are many different types of derivatives. Options and futures are among the most common and are the two types that Canadian mutual funds may use

nidie

双吃。有两种理财顾问：拿费(FEE-BASED)的和拿佣金(COMMISSION-BASED)的。
大多数投资者都喜欢雇拿费的理财顾问。既你不付他佣金，但付他费。一般是每年
0。5~2%。可是搞双吃的理财顾问在拿了你付给他的费以后，又偷偷拿佣金。即让你
买“后付佣金”(BACK END LOAD)的产品----共惠基金公司先替你垫上钱，付他佣金。
若你的钱存在共惠基金7，8年以上，则不需还钱。但若你的钱存在共惠基金不到7，
8年，则要还钱。

chenhui

个人理财涉及广阔的领域，其中包括金融，保险，税务，财务及相关法律方面的专业知识。您在为自己理财时可能需要不同领域专家的专业建议。然而，目前个人理财市场从业人员众多，业务素质和职业道德操守参差不齐。如何才能找到合适的理财顾问，是许多有心积极理财的朋友面临的首要问题。



首先，要找到合适的理财顾问，您先要明确您所需要的理财服务。

根据IQPF（INSTITUT QUEBECOIS DE PLANIFICATION FINANCIERE）的定义，全面完整的理财服务包括七大内容，十个步骤：

七大内容是：保险计划，法律咨询，投资计划，税务计划，养老计划，遗愿计划，财务金融计划。

十个步骤是：

--解释理财顾问的角色和工作方法

--明确客户的授权

--应遵守的规则

--决定顾客的财务目标

--分析客户的财务状况

--简述理财建议和策略

--准备书面个人理财报告

--向客户展示个人理财报告

--帮助客户完成个人理财计划

--定期更新客户档案



不同的财务决策需要不同程度的建议，专业人士，如律师，税务专家，保险经纪，投资专家或个人理财专家的意见可能为您的重大财务决策带来额外的实际收益。而在一些重大复杂的个人理财决策中，如遗产管理计划，养老计划等，法律和税务方面的专业意见就十分必要。



   其次，在不同机构挑选不同理财顾问，多做比较，多方咨询，确认候选理财顾问具备必要的职业道德和专业素质。

您和您家庭的理财决策，如为孩子教育投资，为养老投资，购买保险，设立遗产转移计划等，将对您和您家庭现在和将来的生活产生重要影响。您应该花费足够时间多方咨询，确认您的个人理财顾问愿意与您建立长期合作关系，具备良好的职业操守，拥有足够的专业知识和经验，并能与您和您家人良好相处。



在与不同个人理财顾问会面时，您在咨询中应包括以下内容：

1   征求已存在顾客的意见。您应要求理财顾问向您提供三到四个与您情况相似的客户，并致电询问上述客户对该理财顾问服务的评价。

2   询问个人理财顾问的教育背景，资格水平和经验水平。目前，在魁北克，理财顾问专业头衔为Financial Planner，该头衔的认证机构是IQPF （INSTITUT QUEBECOIS DE PLANIFICATION FINANCIERE）。您的理财顾问的名片上应该标明其专业头衔，您可通过IQPF的网站http://www.iqpf.org/  验证您的理财顾问的专业资格情况。



IQPF要求FINANCIAL PLANNER具有以下专业能力：

--综合分析能力

--判断能力

--理解沟通能力

--思维的严密性，逻辑性和条理性

--纪律性，工作独立性和细致性

--组织能力

--写作能力



IQPF对FINANCIAL PLANNER具有以下学历要求：

--本科学历

--通过IQPF指定的学习和FINANCIAL PLANNER考试



3   询问该理财顾问是否属于任何专业组织（如CFA,CA），以确定该理财顾问专业信息来源。

4   确认您理解理财顾问的服务收费标准或报酬来源。

5   对目的是向您销售投资产品，保险产品，或其他金融产品的个人理财顾问的建议提高警惕。



值得强调的事，您对个人理财服务的需要程度主要取决于您和您家庭财务问题的复杂程度和您自己对个人理财知识的理解和掌握程度。如果您花费一定的时间去了解相关的信息，用正确的个人理财观念和知识武装自己，您在为自己和家人选择理财顾问时将会事半功倍。



最后，如果您有配偶，请确认您的配偶与您的理财顾问能相处良好。因为在伤殘或死亡等意外事件发生时，您的配偶必须与您的理财顾问合作处理一些家庭财务事项。同时，对您来说，将您的理财顾问的电话与姓名记录在案并与您的遗嘱和资产明细录共同保管，能帮助您实现更好的理财管理。

Post by nidie
双吃。有两种理财顾问：拿费(FEE-BASED)的和拿佣金(COMMISSION-BASED)的。
大多数投资者都喜欢雇拿费的理财顾问。既你不付他佣金，但付他费。一般是每年
0。5~2%。可是搞双吃的理财顾问在拿了你付给他的费以后，又偷偷拿佣金。即让你
买“后付佣金”(BACK END LOAD)的产品----共惠基金公司先替你垫上钱，付他佣金。
若你的钱存在共惠基金7，8年以上，则不需还钱。但若你的钱存在共惠基金不到7，
8年，则要还钱。

chenhui

个人理财涉及广阔的领域，其中包括金融，保险，税务，财务及相关法律方面的专业知识。您在为自己理财时可能需要不同领域专家的专业建议。然而，目前个人理财市场从业人员众多，业务素质和职业道德操守参差不齐。如何才能找到合适的理财顾问，是许多有心积极理财的朋友面临的首要问题。



首先，要找到合适的理财顾问，您先要明确您所需要的理财服务。

根据IQPF（INSTITUT QUEBECOIS DE PLANIFICATION FINANCIERE）的定义，全面完整的理财服务包括七大内容，十个步骤：

七大内容是：保险计划，法律咨询，投资计划，税务计划，养老计划，遗愿计划，财务金融计划。

十个步骤是：

--解释理财顾问的角色和工作方法

--明确客户的授权

--应遵守的规则

--决定顾客的财务目标

--分析客户的财务状况

--简述理财建议和策略

--准备书面个人理财报告

--向客户展示个人理财报告

--帮助客户完成个人理财计划

--定期更新客户档案



不同的财务决策需要不同程度的建议，专业人士，如律师，税务专家，保险经纪，投资专家或个人理财专家的意见可能为您的重大财务决策带来额外的实际收益。而在一些重大复杂的个人理财决策中，如遗产管理计划，养老计划等，法律和税务方面的专业意见就十分必要。



   其次，在不同机构挑选不同理财顾问，多做比较，多方咨询，确认候选理财顾问具备必要的职业道德和专业素质。

您和您家庭的理财决策，如为孩子教育投资，为养老投资，购买保险，设立遗产转移计划等，将对您和您家庭现在和将来的生活产生重要影响。您应该花费足够时间多方咨询，确认您的个人理财顾问愿意与您建立长期合作关系，具备良好的职业操守，拥有足够的专业知识和经验，并能与您和您家人良好相处。



在与不同个人理财顾问会面时，您在咨询中应包括以下内容：

1   征求已存在顾客的意见。您应要求理财顾问向您提供三到四个与您情况相似的客户，并致电询问上述客户对该理财顾问服务的评价。

2   询问个人理财顾问的教育背景，资格水平和经验水平。目前，在魁北克，理财顾问专业头衔为Financial Planner，该头衔的认证机构是IQPF （INSTITUT QUEBECOIS DE PLANIFICATION FINANCIERE）。您的理财顾问的名片上应该标明其专业头衔，您可通过IQPF的网站http://www.iqpf.org/  验证您的理财顾问的专业资格情况。



IQPF要求FINANCIAL PLANNER具有以下专业能力：

--综合分析能力

--判断能力

--理解沟通能力

--思维的严密性，逻辑性和条理性

--纪律性，工作独立性和细致性

--组织能力

--写作能力



IQPF对FINANCIAL PLANNER具有以下学历要求：

--本科学历

--通过IQPF指定的学习和FINANCIAL PLANNER考试



3   询问该理财顾问是否属于任何专业组织（如CFA,CA），以确定该理财顾问专业信息来源。

4   确认您理解理财顾问的服务收费标准或报酬来源。

5   对目的是向您销售投资产品，保险产品，或其他金融产品的个人理财顾问的建议提高警惕。



值得强调的事，您对个人理财服务的需要程度主要取决于您和您家庭财务问题的复杂程度和您自己对个人理财知识的理解和掌握程度。如果您花费一定的时间去了解相关的信息，用正确的个人理财观念和知识武装自己，您在为自己和家人选择理财顾问时将会事半功倍。



最后，如果您有配偶，请确认您的配偶与您的理财顾问能相处良好。因为在伤殘或死亡等意外事件发生时，您的配偶必须与您的理财顾问合作处理一些家庭财务事项。同时，对您来说，将您的理财顾问的电话与姓名记录在案并与您的遗嘱和资产明细录共同保管，能帮助您实现更好的理财管理。

Post by nidie
双吃。有两种理财顾问：拿费(FEE-BASED)的和拿佣金(COMMISSION-BASED)的。
大多数投资者都喜欢雇拿费的理财顾问。既你不付他佣金，但付他费。一般是每年
0。5~2%。可是搞双吃的理财顾问在拿了你付给他的费以后，又偷偷拿佣金。即让你
买“后付佣金”(BACK END LOAD)的产品----共惠基金公司先替你垫上钱，付他佣金。
若你的钱存在共惠基金7，8年以上，则不需还钱。但若你的钱存在共惠基金不到7，
8年，则要还钱。

nidie

呼唤真正的“理财顾问”

所谓“理财顾问”，是指那些为客户利益着想，根据客户个人财务状况，为其制定储蓄、保险、投资、置产等一篮子计划，来规划个人理财目标，保证享有高品质人生的个人理财师。有专家估计，按照1个理财规划师服务100人来算，国内理财规划师的“缺口”至少10万人。尽管前景广阔，但“个人理财师”迄今为止还仅仅是个新兴名词，“[url="http://www.daynews.cn/sjqy/ad/"][/url]理财顾问”这一行业尚不成熟。

目前，许多受雇于保险公司或证券公司的“理财顾问”，其主要收入来源于推销本公司金融产品的提成，而不是通过理财策划收取佣金。因此，这些所谓的“理财顾问”为推销产品，便故意夸大产品的收益率，而隐瞒其风险，于是常常引发投资者与金融机构的纠纷，而“理财顾问”在人们的眼里便与“产品推销员”无异。

一位保险代理人说，无论是保险代理人证还是理财规划师证，都是极其容易考取的，基本没有什么门槛。“证书只是一个形式，为的是让老百姓信任你。而对于公司来说，千方百计把产品推广出去才是硬道理。”

市场呼唤真正的理财师，但职业准入标准的缺失和市场监管体系的不健全，都妨碍了民众对“理财顾问”的正确认知。

据悉，在国家有关部门已公布的第五批53项职业标准中，“理财规划师”作为一种新认定职业已经赫然名列其中，其职业培训工作也将要启动。这些利好消息令人欣慰，但“理财师”真正能够得到市场的认可，仍有漫漫长路要走。

盼影

我不理你财，  财不理我

chenhui

个人认为，投资顾问不是拍胸脯保证回报，而是帮助客户找到适合客户实际情况和风险承受能力的好的投资产品。

理财顾问不是只卖保险和投资产品，而要向客户提供足够的个人金融，税务和法律信息，帮助客户在购买保险和投资时做出正确的财务决策。

理财顾问的道德水平和职业操守和他的业务水平一样重要，如果不是更重要的话。

ailailai

i want to take this license, is that  useful or not ,  i  really do not know.
doing this kind of job is good or not. can  some body give me some advice

红星闪闪

Post by zaiheyang
今天，我的基金经理（我的RRSP和RESP投资顾问）打电话告诉我，最近基金跌得厉害（将近30%），他希望我不要急，因为金融市场涨跌是正常的。由于本人平时工作忙，加上自己不懂行。所以全权委托顾问选择投资组合。记得当时他告诉我选择的是偏保守风险较小的组合。如果风险小的都跌了30%，不知风险大的会怎样？大家能谈谈自己的情况吗？

if your portfolio declined 30% due recent (jul 20 to Aug 20) correction, it can NOT be a conservative or low-risk portfolio.

because the TSX composit only had a 12% decline within such time, from 14,400 points down to 12,800 points, approximately. if your portfolio losted more than 12%, it can only be concluded that you have too much expoure to equity and perhapes too much on resources funds.