Comments

  • Started investing for retirement later then many around 33. Did all the buying of “stuff” and vehicles that didn’t go up in value. Also got sidetracked for a number of years looking at the next big thing and got burned. Got back on track and been focused on early retirement with reductions of debts so more of our monthly income can go towards wealth building for early retirement. Investments have been into some individual stocks and registered investments with RRSPs in mid risk investments.

  • Darryll 

    I started investing 32 years ago, bought mutual funds to start. In a very short time I started wondering why I was paying 2-2.5% per year for the privilege of owning mutual funds. Stumbled onto Pat’s newsletter and the rest is history. I use his ratings to initiate my search when I buy a stock, but at this point I am mostly looking at adding to present holdings. My goal is to make 1% per month up to and after retirement! It’s been a great ride so far and I expect it to continue. Thanks Pat! Darryll. Manitoba

    • Scott 

      Thanks for your question. Regardless of the proportion they make up in your portfolio, bonds are unlikely to perform as well in the next few years as they have in the past, mainly because interest rates will likely hold steady or rise. (Bond prices and interest rates are inversely linked. When interest rates go up, bond prices go down, and vice versa.) That means the bond portions of the balanced funds would only earn interest income; instead of capital gains. In fact, those bond holdings could conceivably produce capital losses.

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