Financial Literacy Month-BMO's Tip of the Day: Have a Well Diversified Investment Portfolio
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 11/16/12 -- To mark Financial Literacy Month, BMO Financial Group is releasing a series of financial tips throughout November. As part of BMO's commitment to 'Making Money Make Sense', the tips are designed to help individuals and families save and manage their day-to-day finances more effectively.
BMO's Tip of the Day: To stay on track to reach your financial goals, keep a well-diversified investment portfolio.
A diversified portfolio - one with a mix of investments spread across several sectors - reduces volatility without lowering expected returns.
"In order to get the most from your money, your investments must be well-diversified and properly aligned with your financial goals," said Serge Pepin, Vice President, Investment Strategy, BMO Global Asset Management. "In today's unpredictable market, it's crucial to balance your portfolio with a mix of investments. A financial professional can help you identify adjustments that will mitigate risk and make your portfolio less susceptible to market fluctuations."
BMO offers the following advice on maintaining a well-diversified investment portfolio:
"CFEE commends BMO's ongoing efforts to support Financial Literacy in Canada and promote ways in which Canadians can increase their competence and confidence when managing their personal finances on a day-to-day basis," said Gary Rabbior, President, Canadian Foundation for Economic Education (CFEE).
BMO Financial Literacy Month Tips
November 1:
November 2:
November 3:
November 4:
November 5:
November 6:
November 7: .
November 8: .
November 9:
November 10:
November 11:
November 12:
November 13:
November 14:
November 15:
For more on financial literacy, Canadians can visit the Government of Canada's website, as well as BMO's online resource.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at July 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
Contacts:
Media contacts:
Rachael McKay, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
Internet:
Twitter: (at)BMOmedia
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Unternehmensinformation / Kurzprofil:
Datum: 16.11.2012 - 13:00 Uhr
Sprache: Deutsch
News-ID 204547
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Insurance
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