No one ever lost money by sticking it in their mattress right? On today's episode Robert Farrington of The College Investor (http://thecollegeinvestor.com) helps us explain why having your money work for you is much easier (and more fun) than working for your money. We'll help you cut through the noise and sales pitches so that you can focus on simple, easy-to-understand strategies for growing your nest egg.

Show notes: http://moneymastermindshow.com/episode16/

Some important questions discussed in this episode:

Where do I begin when it comes to investing my money?

What are the differences between bonds, CDs/GICs, stocks, ETFs, and mutual funds?

Which investment vehicles are right for me?

What in the world is an index fund and why does everyone on the show rave about them?

Is there a relationship between risk and reward when it comes to investing? How does that affect me and my investments?

Ok, I know what I want to invest in, where do I actually make the investments as cheaply as possible?

Links, Tools, and Programs To Help You Get Started

Check out Kyle's free eBook where he explains why index investing using ETFs is a great deal and what he is personally investing in today.

Miranada tells us why she is a Betterment fan.

Tom explains why TFSA's are a great deal for Canadians, that TD's e-series funds are a great way to do index investing, and why he uses Questrade for his investment portfolio.

John Bogle's "The Little Book of Common Sense Investing".

Robert mentioned the relatively new brokerage Robinhood.com that is seeking to bring free trades to you.

Glen illustrates why 401Ks are great and how to handle the associated fees.

Panelists In This Episode:

Special Guest: Robert Farrington | TheCollegeInvestor.com

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

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