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Financial "products" or "instruments" are contracts that can be negotiated on capital markets. There are several ways to classify such products. The approach taken in this website is to focus on the technical characteristics of such instruments.
I’ve often written about financial products in the past, reviewing various offerings and comparing the competition. However, I’ve never written a summary post of what I think are the best financial products out there for Canadians. Mind you, I realize that everyone has different needs, but for.
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Financial products are classified into three main categories depending upon their inherent function from the investor’s perspective. As a result of investing in one of the available types of financial products, an investor either becomes an owner, a creditor, or gains the right to purchase or sell a product.