Investor education is designed to improve the financial and investors knowledge of youths and young adults in the under-served community of Buffalo, New York. The program offers participants in the African American and Latino community the opportunities to learn about the basics of investing. Our investor knowledge curriculum covers the topics that include investing for youths and young adults investors, scams, bonds, futures, investing basics, stocks, mutual funds, financial planning, what they should be looking for in selecting a broker, how to investigate their broker's history and qualifications, and where to get help. We help inform investors about the securities laws that help protect investors by requiring companies to give them the information needed to make informed decisions and other governmental agencies and investment resources.
Our planning process is geared towards advancing our participants' financial investment knowledge, and we seek to find out what is important to our participants with consultations to identify their goals. We seek to determine what is right considering the participants' knowledge needs, and we put together solutions that will enable them to make smart decisions with their investments, as well as recommend solutions that will help the participants in establishing an investment strategy. We offer options based on participants' risk tolerance, and investment goals and objectives. The program director reviews and refines each participant's strategy on an ongoing basis to keep participants on track as changes happen, in both their lives and the economy.
The program is designed for under-served neighborhoods and communities in helping to ensure that the participants in these communities are fully informed when making decisions about their personal finances and futures. We ask the following questions of our participants:
(1) Do the participants understand their investment?
(2) Does the investment match their goals?
(3) Do the participants understand their risk?
(4) Do the participants understand their costs?
(5) How liquid is their investment?
(6) Is the investment legitimate?
(7) Is their investment diversified?