Want to avoid an Earl Jones nightmare in your life? Do you know whether the person who wants to sell you mutual funds is on the up-and-up? Ken Kivenko of CanadianFundWatch.com gives us the details on how exactly to check out mutual fund salespeople (technically, dealing representatives, self-termed as advisors) in Checking Registration and Disciplinary History. Unfortunately, the dogs-breakfast regulatory system in Canada means that it takes three pages of single-spaced explanation on how to do this and even then it is not foolproof, but hopefully readers will believe it is worth the effort.
There is another solution of course - be a DIY investor. Then you can wrestle with the question of whether you should entrust yourself to invest your own money.