Being an Owner holding a company's stock means that you are one of the many owners (shareholders) of a company and, as such, you have a claim (albeit usually very small) to everything the company owns. Yes, this means that technically you own a tiny sliver of every piece of furniture, every trademark, and every contract of the company. As an owner, you are entitled to your share of the company's earnings as well as any voting rights attached to the stock.
If a business wants to expand, one of its options is to borrow money from individual investors, pension funds, or mutual funds. The company issues bonds at various interest rates and sells them to the public. Investors purchase them with the understanding that the company will pay back their original principal (the amount the investor loaned to the company) plus any interest that is due by a set date (this is called the "maturity" date).
- Diversification - Better equipped to spread capital across the varying asset classes, reaping benefits of exposure to different markets and different currencies
- Income - Able to build a portfolio that focuses on income securities, by dedicating a % of assets to dividend-paying stocks, or bonds creating a steady income stream.
- Management - Qualified and experienced Investment Managers who do constant analyses on the markets. Does not engage in emotional investing when there are fluctuation in the market; Aims to “Take You Higher”
All you need is a valid Photo ID, TRN, Proof of Address, Two (2) References, your Opening Deposit as well as a signed and completed application forms. We have easy payment options such as through online banking, Paymaster, Bill Express or JMMB Money Transfer services. You can also make payments at any of our office locations by cheque or debit card.
Joint Account FAQs
It's a regular investment account in the name of two or more people with the same account privileges. Anyone, like a spouse, family member or friend, can be an account holder. But, you should only open a joint account with someone you trust.
All joint investment accounts have two or more owners. Each owner has the full right to withdraw, deposit, and otherwise manage the account's funds. While BPM labels one person as the primary account holder, that does not change the fact everyone owns everything together. Once money is deposited, all of it belongs fully and equally to each account holder regardless of the source .
Yes, you can create a savings goal if you have a joint account. All account owners can access and manage savings goals attached to your joint accounts.