In this turbulent market, people fear to lose their savings and their retirement funds. Some will liquidate everything into savings, which earns less than 2% interest annually. Is this a better exit strategy?

 

In Canada, annual inflation is about 3%. This means if your investments cannot earn more than 3%, you are actually maki ng deficit investments. At the other extreme, some people will play the "chasing the hot stock" game to earn sky-high return. In this case, how much risk can you afford to pay? What if you lose it all?

 

The million dollar question is: "How to find the right balance and build a portfolio that suits your tolerance to risks and the lifestyle you are investing for."

 

Come join YCPA's monthly seminar and learn from Ms. Ariel Chuang, financial expert from HSBC. After experiencing two market corrections (tech bubble from 2001 to 2003 and the Subprime Financial Crisis from 2007 to 2009), she will deliver an insightful presentation from the financial cycle's perspective. 

 

Wednesday, April 21, 2010