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.
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.
Ignoring market headlines isn't putting your head in the sand; it's a key to a basic investing tenet.
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.