Portfolio diversification has always been a major key to investing success. This is exactly why the 60/40 portfolio theory has become so popular over the past 50+ years. But with interest rates remaining near zero, and a broader range of investable assets available than ever before, is it time to rethink this long-held portfolio management strategy?
Category: Financial Literacy
Executors are the managers of estates: they administer the last will and distribute assets to beneficiaries and other specified parties in the will. An executor has responsibility with significant potential for moral hazard and a large influence on the velocity and amount of capital that is preserved within an estate; hence, it is paramount to elect a trusted and appropriate executor for your will and estate. To be an executor is to assume a legal responsibility that can be called upon at any time.
RRSPs and TFSAs should be included in an affluent Canadian’s tax-saving efforts. The problem is these shelters deplete fairly quickly for affluent investors. Let’s look at what role an RRSP and TFSA play in a high-net-worth investor’s portfolio.
With the number of economic and public health uncertainties worldwide, it’s important to diversify away from systematic risks that materialize when you invest in a limited number of asset classes. Alternative investments are financial options that don’t fall into the conventional silos of stock, cash, or fixed income markets — they often provide market uncorrelated income and yield in times of uncertainty. This article is the first in a series from Echelon on non-traditional alternative investments for Canadian High Net Worth investors. Here, we cover investments in private equity, private debt, and real assets.
Echelon Wealth Partners’ Why Not Now? campaign has undertaken a unique challenge. The campaign is based on three years of research and discussions and encourages Canadian women to begin investing and to advocate for knowledge of, and participation in a stable financial future for themselves.