Stocks, ETFs & Bonds: The Basics Every Parent Should Know | Mark McGrath

What are stocks, ETFs, bonds, and mutual funds and what do they actually mean for your family? In this episode of The Great Canadian Piggybank, Christi sits down with Mark McGrath, Certified Financial Planner and co-author of Wealthier: The Investing Field Guide for Millennials, to explain investing in simple terms every parent can understand. Mark breaks down: What you really own when you buy a stock Why individual stocks can be risky Why diversification matters ETFs vs index funds vs mutual funds How investment fees can impact your returns What bonds are and why they still matter How to start teaching your kids about investing Investing doesn’t have to be intimidating. Before we teach our kids how to build wealth, we need to understand the basics ourselves. Subscribe to The Great Canadian Piggybank for more conversations helping Canadian parents raise money-smart kids. #Investing #PersonalFinance #FinancialLiteracy #MoneySmartKids #ETFs #Stocks #CanadianInvesting Show Notes: LinkedIn:   / markmcgrathcfp   IG:  / markmcgrathcfp   FB:   / mark.mcgrath.3597   Website: https://www.phynance.ca/ Book: Wealthier: The Investing Field Guide for Canadian Millennials Chapters: 00:00 Understanding Stocks and Ownership 02:15 The Allure of Individual Stocks 03:42 The Case for Diversification 06:33 Exploring ETFs and Index Funds 09:10 The Rise of ETFs 12:02 Mutual Funds vs. ETFs 12:29 The Impact of Fees on Investments 18:45 Understanding Fees and Financial Products 21:12 Demystifying Bonds: A Complex Investment 24:01 Bonds vs. Bank Loans: The Strategic Choice 27:01 Bond ETFs: Understanding Volatility 31:25 The Current State of Bonds: Are They Dead? 32:33 Building a Balanced Portfolio: Stocks, Bonds, and More 33:45 Investment Advice for Beginners: Starting Young 36:33 The Importance of Diversification in Investing