About 85% of our portfolios comprise assets that generate cash through dividends, interest and rent—30% equities, 30%-to-40% fixed income, 15%-to-20% real estate. The balance typically goes to commodities, hedge funds and private equity.
When picking stocks, pay attention to CEO small talk.
For income, I own investment-grade, high-yield U.S. and Canadian corporate bonds and a mix of five-year-reset preferred shares, including Enbridge, Brookfield Office Properties, Sun Life, Fairfax Financial Holdings and Canadian banks.
Are advisors less competitive if they don’t offer alternative investments?
Is the outlook for gold and silver becoming bearish?
In the Canadian psyche, the RRSP has become synonymous with retirement. So much so, that most folks forget to factor in other sources of pension, which make up a significant part of their retirement incomes — in many cases more than their personal savings.
We’re active managers. We use fixed income, ETFs, ETNs, individual securities and mutual funds with hard-to-duplicate strategies.
When Liam broke his iPhone, he walked into an Apple store and, to his delight, promptly received a new one. His 10-year-old younger brother Aiden—an Apple stockholder—wasn’t too pleased.
This recession has reinforced: my need to stay proactive. Otherwise, you don’t sell your losers at the right time.
In my own portfolio, I focused on blue-chip Canadian dividend stocks for the past 10 years because of better fundamentals, and stronger currency.