Funny Money Cartoon: Building Long-Term Wealth

If you dont know the difference between consumption and wealth-building, the Funny Moneyman will explain it to you in this cartoon. James Cunningham and Trevor Keen in collaboration with the Investor Education Fund have created the Funny Money cartoon series to help teens get a leg up on their financial futures.

http://www.getsmarteraboutmoney.ca/managing-your-money/planning/investing-bas...

Category:

Education

Tags:

• teen
• money
• management
• youth
• financial
• saving
• investing
• debt
• high
• school
• college
• university
• animation

[SellMeLies]

lol

[dPain261]

High savings, bonds, GICs, stocks. GARBAGE! Get physical gold and silver.

Gold has outperform them all and Silver is the next great investment for the average person.

I had 5K in my TSFA, I was getting about $4 per month. I had 20K in a high interest savings account which gave me $20 per month.

Dont get an RESP account, instead buy as much silver as you can afford and it will at least triple when ur kids go to post-secondary. If you invested 30k in gold 10 years ago, you would have 180k today.

[Txsray]

Don't kid yourself. Savings bonds lose money because inflation is greater than the interest rate.

Stocks seem to gain fpr a while but then implode when bubbles burst. "Investment" is a scam in itself. The money man is trying to sell you something.

[bullshit3118]

Computers are money losers. lol That is ridiculous. Some of us make good money through the comp. Not good info at all.

[rkisho]

3 auto makers are pissed!!!!

[GalacianMapler]

i had to watch this for school work XD

[bparker65]

Looks like Howey Mandell.

[TheMegaDrewster]

How come this is so simple yet most people cannot understand the message. Learn how to manage money better at ApplyingWealthEducation com

[DarArchibald]

The Bonds, GIC's, TAX FREE SAVINGS ACCOUNTS have to increase MORE than the TIME VALUE of money. Some "savings" vehicles are actually guaranteed MONEY LOSERS too.

(CANADIAN)

[abnormalkano]

i like it