The country’s financial advisors ate what they cooked. When they placed their clients into expensive funds, claiming that the results would justify the extra cost, they sold their own beliefs
In these perilous times, a well thought out asset allocation strategy is crucial.
For retirees who are in the decumulation phase (ie spending phase) of investing, which is far more complex than the accumulation phase because of the need to generate income and minimize taxes, a Fee Based adviser may be the answer.
The good news is that there is one remarkably good deal for income investors – the Canadian dividend tax credit
The S&P 500 is up 155% since 2012, but that is unlikely to continue. We have been in an economic expansion since 2009. We are currently in month 116 of this expansion. (The longest economic expansion in modern history was 120 months). Similarly, the stock market, at least the US market, has been on a... Continue Reading →