1. St. Mark’s Parish Investment Session for Parishioners
By Joe Alexander

2. Sessions Agenda Net worth Monthly Budget Set goals
Ideas on Generating Investment Money
Strategy for investing
Self-directed Trading Accounts

3. Step 1 - Calculate Net Worth

4. Step 2 - Monthly Budget INCOME EXPENSES Salary $4,000.00
EXPENSES
Salary
$4,000.00
Mandatory(No Control)
Rent or Mortgage
$1,200.00
Car Loan
$500.00
Utilities
$300.00
Transit
$105.00
Gas
$100.00
Groceries
$3,405.00
Have Control TV
$120.00
Cell Phone
$65.00
Restaurant Dinners
$140.00
 Misc.
$325.00
Total
$3,730.00
Savings
$270.00

5. Step 3 – Set Goals Pay off mortgage in 15 years
Pay off car loan in 5 years
No credit card debt
Setup RESP for children
Contribute $1000 per year in RRSP or $50/month
Contribute $1000 to TFSA

6. Step 4 – Generating Income for Investment
Expenses you can’t control
Re-negotiate loans from one bank to pay off higher interest rate (ensure no penalties)
Expenses you can control
Reduce mobile data plans
Reduce TV package
Reduce outside dinners
Buy bulk groceries
Grow a garden
Every dollar saved goes towards – RRSP, RESP, TFSA

7. Step 5 – Strategy for Investing
Investment Planning
Self-directed Trading
Financial Planner
Types of Investing Strategy
Long term investor - months, years
Swing Trader days - weeks
Day Trader to 2 days
What type of Investor? Determined by age group
Risk Taker (Self-direct)
Stocks
Futures, etc.
Risk Averse (Conservative)
Savings, GICs
Bonds
Mutual Funds/ETFs (Exchange Traded Funds)

8. Step 6 – Types of Trading Accounts
Cash Account – both CDN & US
Margin Account – both CDN & US
Self-directed RRSP
Self-directed TFSA
Above accounts for trading options