Money happy returns

A national study on Canadian investors' financial behaviour yields contradictory results.

Canadian investors have "complicated money-selves," if you go by the results of a national study conducted for the Investor Education Fund by The Brondesbury Group.

The Canadian Money State of Mind Risk Survey 2014, which polled more than 2,000 Canadians, reveals a number of apparently contradictory patterns among investors. For example, people don't worry much about their own lack of investment knowledge: only a third of those surveyed thought a lack of knowledge would hurt their investments. Also, it seems the more you know about investing, the more likely you are to experience a major loss. That's because more knowledgeable investors take more risks.

To take the survey, go to getsmarteraboutmoney.ca.