State of Connecticut Department of Banking Securities amp Business Investments Division How to Be an Informed Investor 2 The mission of the Department of Banking is to protect users of financial services from unlawful or improper practices by requiring that regulated entities and individuals ID: 1045650
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1. How to Be an Informed InvestorState of Connecticut, Department of BankingSecurities & Business Investments Division
2. How to Be an Informed Investor2The mission of the Department of Banking is to protect users of financial services from unlawful or improper practices by requiring that regulated entities and individuals adhere to the law, assuring the safety and soundness of state chartered banks and credit unions, educating and communicating with the public and other stakeholders, and promoting cost-efficient and effective regulation.Consumer Credit DivisionFinancial Institution DivisionSecurities and Business Investments Division
3. How to Be an Informed Investor3Set aside what you can for savings.Pay yourself first before spending on extras you don’t need.Before investing in securities, have enough money on hand for emergencies.Make Your Money Work for You!
4. How to Be an Informed Investor4Before Investing……Know Your Risk Tolerance!
5. How to Be an Informed Investor5
6. How to Be an Informed Investor6I Want To:Keep My Money Safe (little risk allowed)Receive a regular income streamLet my money grow long term (more risk)Speculate in the stock market and risk losing everything that was investedCan You Afford to Risk it All?
7. How to Be an Informed Investor7 Questions/Comments??
8. How to Be an Informed InvestorIndividuals regulated by the Securities and Business Investments Division:Financial Professionals (who offer/sell securities)8Choosing a Financial Professional
9. How to Be an Informed InvestorBroker-dealer AgentCompensation – generally commissions based on what products are bought/soldIs primarily focused on specific account(s) that are being managed, but does consider clients’ risk tolerances9Typically compensated by a % of assets under management or a flat feeMay also assist with budgeting and generally considers entire ‘financial picture’ of clientInvestment Adviser Agent/ Financial Planner
10. How to Be an Informed InvestorIt is an investment of money. There is an expectation of profits from the investment. The investment of money is in a common enterprise (a business, company or project).Any profit comes from the efforts of a promoter or third party.10What is a Security?
11. How to Be an Informed InvestorMutual FundsStocksBonds11Common Types of Securities
12. How to Be an Informed Investor6/7/201612What do you know about SCAMS??
13. How to Be an Informed Investor6/7/201613How to Avoid Being Scammed!!
14. How to Be an Informed Investor“Low risk, high return”“Guaranteed against loss”Pay Now, Think Later (High Pressure Sales)Telemarketer/ Spam E-mail/ InternetMarketing Ploys – Free Investment Seminars; Questionable titles (Senior Specialist)Additional Red Flags to Avoid…
15. How to Be an Informed Investor15 Questions/Comments??
16. 16CONTACT US State of Connecticut Dept. of BankingSecurities Division260 Constitution Plaza Hartford, CT 06103-1800http://www.ct.gov/dobAgency Telephone Numbers:(860) 240-8230 or1-800-831-7225 toll-free