Investing Truths: How Carrie Went from Scared to Strong
Written by The Content Team
Published on October 12, 2018
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Carrie*, a writer and editor at RBC, sat down with us recently to talk “investing truths." Here's some of what she had to say.
Q: How would you describe your overall view of investing?
A: For me, investing is an eat-your-vegetables kind of thing - but the tasty vegetables. I do it because it's good for me; really important and not to be overlooked. It can be hard to know what to invest in, and it can be hard to know where to find the money. But I do my best to save and invest when I can.
Q: How would you describe your overall approach to investing?
A: My dad taught me about investing and his message to me was always to be in control. That's why I chose a self-directed approach.
When I get a good idea, often from my daily routine or reading, I'll research it and then go and buy some shares. I often buy too few shares. I think that speaks to me being a little nervous, not quite sure what to do. I've had success though, so that's good.
Q: So what are you going to do to help yourself evolve?
A: I'm still learning and I'm gaining more confidence as I go. Markets are complicated, but I plan to stick with it because I want to be in control of my own money and make my own decisions.
Q: What's your investing goal?
A: At the end of the day, I just want to be able to pay for my life. To pay for my house, pay for my retirement — so I don't have to work until I'm 95. My dream is to one day buy enough shares of whatever it is and see that investment grow to a big payout. That would be the dream for me!
*Name and identifying details have been changed to protect the privacy of the individual.
RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence.
© Royal Bank of Canada 2018. All rights reserved.
The views and opinions expressed in this publication are for your general interest and do not necessarily reflect the views and opinions of RBC Direct Investing. Furthermore, the products, services and securities referred to in this publication are only available in Canada and other jurisdictions where they may be legally offered for sale. If you are not currently resident of Canada, you should not access the information available on the RBC Direct Investing website.
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