There’s lots of great investment options out there, like individual stocks, exchange-traded funds (ETFs), index funds, mutual funds, and more. But how do you know which option is suitable for you?
The appropriate investment solution will depend on your goals, time horizon and ability to stomach risk. A great place to start is with a Scotia Portfolio Solution tailored to your risk tolerance and goals. On top of being an easy single-ticket investment with everything you need one place, Scotia Portfolio Solutions offer low investment minimums, instant diversification, and professional management. You will leave all the day-to-day decision-making and rebalancing to the experts (compliance?) so you can set it and forget it.
Feeling intimidated by your options or have questions? Your Scotiabank advisor can give you financial advice to help you choose the right portfolio for you so that you can feel more confident about reaching your financial goals and have one less thing to worry about (Figure 3).
Source: Scotia Global Asset Management Investor Sentiment Survey, Fall 2024.