John Heinzl wrote a wonderful article recently about dividends and the important role that they can play in your retirement. The article was written in answer to the question “How much does one need to invest before one’s dividends pay for the basic monthly expenses in retirement?” Although this is a very complicated question John Heinzl offers up a simplistic approach for tackling the issue. The full article can be found on The Globe and Mail website at the following link. John Heinzl | How big a portfolio do I need to live on dividends in retirement?
Should you have any questions about your retirement, your investments, or the outlook for the coming year please contact me or a member of my team.
Happy New Year!! 2013
The US is a market to watch. The Nick Murray article “2012: The Year Pessimism Got Skunked…Again” illustrates, the past thirteen years the US has been treading water. Over this time earnings and dividends have essentially doubled. While the US market values have fallen behind, the great companies of the world (http://www.forbes.com/powerful-brands/) continued to grow and create to new products which many are eager to buy. 2012 was a year of catch-up.
At the turn of the year, we did not fall off the edge of the world. The storms have cleared and the sun is shining. The ship has righted itself in the dawn of new opportunities. Now is a good time to ask yourself – whether, in fact, it might be the market that’s right and the pessimists who are wrong.
Should you have any questions about your investments, the outlook for the coming year or would like a copy of the Nick Murray article, please contact me or a member of my team. In the meantime, I wish you and your family all the best for the coming year.
**Make your planning appointment now to maximize your RRSP and TFSA**
The opinions expressed are those of the authors and do not necessarily reflect the views or opinions of Sterling Mutuals Inc. Mutual Funds are available through Sterling Mutuals Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
It’s time to think about going back to school. We often get caught up in all the new things we need to buy for our children; clothes, shoes, notebooks, pencils and the list goes on and on but how often do we think about their post secondary education. A RESP is a great way to save for your child’s education. Ask us how we can help you set one up today.
We are so excited to launch this website and our new look! Along with the changes to the website we would also like to announce our move to a new dealership – Sterling Mutuals Inc. We hope you will continue to tune into our blog for information, articles and information that will help you – Cycle the Journey of Financial Success.