In February 2018 Vanguard Canada launched all-in-one complete Balanced Portfolios that you can purchase by entering one ticker symbol.
An annuity is a combination of life insurance and investment. Basically, the insurance company which sells you the annuity is betting that you will die before they have to pay you back all of the money that you invested.
Attached are the PP slides for the Investing For Retirees seminar to be held at the NAFR Ottawa Branch
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.
Someday in the foreseeable future, the “fit will hit the shan” and these valuations will come back down to earth. With Trumpski as President, who knows what might trigger a major correction or worse? Iran, China, outrageous deficits, higher interest rates ?
There are two broad approaches to investing: active and passive. Both aim to make money but how do they differ?
Three simple strategies can have an enormous impact on your investment returns. I call them FTD - Fees, Taxes and Diversification.