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RRSP, RRIF AND RESP ARTICLESRRSP- Time for a Check-Up? Author: Ivon T. Hughes It's hard to believe we are nearing the end of summer. It's time to slowly ease back into reality and, if you are an investor, that means reviewing your financial plan. It's been a wild year for investors. We're only ¾ of the way through and we've had to deal with disease, war, blackouts, wildfires and the sudden surge in the Canadian dollar, all making for a somewhat less than stable market environment. If it's been a while since you last reviewed your financial plan, now is a good time to give yourself a "Risk Check-up". My website, www.trustco.savetax.ca has a section called E-fficient Investor, which will show you how much risk you are taking with your current portfolio (regardless of what you are investing in), how much risk you should be taking, and what mix of investments will help you achieve your financial goals, while remaining within your risk tolerance. E-fficient Investor also has a stand-alone educational module called the 10 Key Investment Principles, which explains the most important investment concepts in an easy to understand manner. If you are interested in giving your portfolio a Risk Check-up, visit my website at www.trustco.savetax.ca, or give me a call toll free at 1-877-842-3863 and I'd be happy to help you review your financial plan. ----------------------------------------------------------------------- |
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