Author Topic: Investment Culture  (Read 1331 times)

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Offline SirJohn

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Re: Investments
« Reply #15 on: February 11, 2017, 04:24:01 pm »
We use a financial advisor with an investment company that doesn't have any of its own products or invest in the market itself. Our advisor doesn't buy or sell anything without discussing it with us first. In spite of today's interest rates, at our age protecting capital is #1 so we try to keep our portfolio totals at around 35% or a bit less equities and the rest in GIC's and bonds. We have a bit in a couple of ETF's but except for a few capital gains plays, the rest of our equities are dividend paying individual stocks.

One thing we do is max out our TFSA's every year.

I know that for the longest time the suggested ratio was about 30-40% stocks, and the rest in bonds when you were older. But I don't know that this still holds given the absurdly low rates you get from bonds, and the way bonds have been falling in the face of rising interest rates.
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