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"This time, like all other times,
is a very good time, if we but know what to do with
it." Ralph
Waldo Emerson |
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And that sums up what this Investment Planning section is
all about. If you stick to proven principles of successful
investing, you can find that this time is indeed a very good
time, even with today’s volatile markets.
 The
information you’ll find here is based on proven principles
of successful investing, such as diversification, strategic
asset allocation and personalized risk management.
Click on the topics below and you’ll find tips and
advice on how to make the best investment decisions for your
situation today and achieve your goals for tomorrow.
Strategies to safely accumulate wealth
For most of the 90’s, it wasn’t too difficult
to invest safely and accumulate wealth. With one of the biggest
bull markets of all time and the ease of online trading, just
about everyone got into the market. And just about everyone
made money.
Some mutual funds and stocks were skyrocketing by 30%, 40%,
50% a year and more. Fixed income investments were providing
excellent returns. All you had to do was jump aboard and enjoy
the ride.
Most experts agree those days are over and that it may be
some time before we see markets like those again. Many experts
also believe that today’s volatile markets may be with
us for some time to come.
Does that mean you should stay out of the stock market and
stick to the safety of bonds and GICs? Should you give up
on equities and be satisfied to know that you’re preserving
your wealth? Should you just be happy that you’re not
going to lose money?
Absolutely not. First of all, as you’ll learn in this
section, even if you stay out of the stock market, you face
another kind of risk. Plus there are plenty of investment
portfolios earning solid returns, some even double digits.
It’s just not as easy as it was in the high-flying 90s.
Now it takes planning and time and effort to be a successful
investor.
Successful investing also takes discipline, knowledge and
experience
 You
need discipline to create a long-term investment plan and
stick with it – to not panic or sell when you see your
investments going down.
You need knowledge because there’s just so much information
you have to keep up with. There are so many variables that
can affect your investments, and they’re changing all
the time.
And you need experience because there’s nothing that
can take the place of hard-won experience, especially in the
world of money and investing.
Plus as stated above, to be a successful investor today you
have to go back to the tried and proven principles of successful
investing – diversification and personally tailored
asset allocation based on your risk tolerance.
If you’ve reached a stage in your life where you’d
rather have someone else look after all this for you, or
even
if you’d like to just talk to an expert before you
begin your own investment planning, click
here to find the RBC financial planning professional
closest to you.
Or if you’d like to learn more about investment planning
right now, please continue by choosing one of the following
topics.
Important information about our financial planning services can be found at the bottom of our
homepage.
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