Since the 1920s the ratio of seniors over the age of 85 has doubled to one out of every 10 people. This number is to increase, to five times the current demographic, into the 2050s according to Statistics Canada. That means that half the population in 40 years, will be over age 85.
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We invest in what people buy. When an equity investment fund or stock is purchased, you indirectly invest in businesses relating to what consumers buy.
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Life insurance has been called the foundation of your net worth. If you have a spouse or children, the initial stages of your financial strategy should include adequate life insurance coverage.
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As part of your overall financial strategy consider your mortgage strategies to access financing, reduce risk, and protect your real estate investments.
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There are many reasons that make investing in segregated (seg) funds a significant strategy when creating wealth.
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