Most financial professionals in Canada are licensed as salespeople with no fiduciary duty to clients. Most bank "Advisors" (not the same as Financial Advisers believe it or not) are basically salespeople with little training who are rewarded for selling over priced bank mutual funds.
PART 2: Real Estate Investment Trusts (REITs) In addition to Dividend Growers as a means to inflation proof your investment income, Real Estate Investment Trust (REIT) ETFs offer another option. REITs are companies that invest in a wide variety of real estate, including shopping centres, office buildings, retirement residences, hotels, apartment buildings, and industrial/warehouse buildings.... Continue Reading →
PART 1: Dividend Growers A colleague recently raised a very good question. How do I invest so that my income keeps up with inflation? We are all living much longer and we need to develop investing strategies that will provide cost of living adjusted income for 20, 30 years or more. With inflation at even... Continue Reading →