However, Allan Small, a senior investment advisor, has a different view.
“Obviously [you] It is necessary to make sure there is enough money in the portfolio to pay. “I don’t believe in putting a bunch of money on hold and having to sit there so you can pay from it.” I believe in investing as much as possible in the advantages of rising markets, especially [those] In the past few years. I cleared the investment as needed to pay the investor the required funds as RRIF payment. Having a dividend payer can really help and make it easier for investors to pay. So, the portfolio I designed always has dividends or interest. ”
Another consideration mentioned by Ardrey is the establishment of a system of withdrawal payments (SWPs) from investments. Just like the contribution automatically saves, this automatically withdraws a certain amount from the investment, allowing Canadian retirees to “set and forget it.” However, he warned that if drawn from only one asset class, asset allocations need to be reviewed regularly.
“Disenger from Risk” under Trump 2.0 RRIFS?
While thinking about asset allocation, you may want to focus on selling riskier securities while retaining quality high-yield dividend stocks and fixed income.
John de Goey, a portfolio manager for Toronto-based Wealth Management, recently wrote a blog that suggests that Donald Trump remains president and conservative retirees may want to “lower” their portfolio. It is time to stop complacency and recognize that “traditional financial assets (especially stocks) are under serious threat.”
However, this does not necessarily mean retreating to bonds and cash. De Goey is passionate about alternative assets such as real estate, metals, resources and gold bars, infrastructure, and alternative assets that provide strong cash flow. Small scale, on the other hand, did not make significant changes to the client’s portfolio, but he said he “has started to enter this market again.”
Small continues: “I’ve been buying investment ideas at a cheap price. Many stocks have sales of 15% to 20% … I believe I can see a path forward on all of these tariffs.”
He added that once reciprocal tariffs were proposed in early April, “I think this market can and will be higher based on certainty factors (perhaps after a short period of time when the tariffs were announced).
