Welcome to the Ninth edition of this seminar exclusively for members of the Ottawa Branch of the National Association of Federal Retirees (NAFR).
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 Bucket Plan, an excellent how to book by Jason L. Smith describes a simple and effective system to allay the fears of retiree investors, by ensuring that they will have enough cash for their needs, and avoiding the need to sell investments when markets tank.
the "Buffett Indicator". This is essentially the ratio of the total value of the US stock market to the US Gross Domestic Product (GDP). At the moment, the ratio of 151% is close to historic levels.
Ignoring market headlines isn't putting your head in the sand; it's a key to a basic investing tenet.
Blackrock's I Shares have just launched the second group of All-In-One Balanced ETFs in Canada. Vanguard was first with its Asset Allocation ETFs launched last February.
Vanguard Asset Allocation ETFs are so good that they deserve special mention. As of now, they have attracted over $800 million in investments. Not bad for a product that has been available for 9 months.