Robert Stammers, CFA, is director of Investor Education for CFA Institute. Prior to joining CFA Institute, Mr. Stammers was the principal for his founded company A2O Consulting where he consulted to aide real estate owners, lenders, and syndicators, develop and analyze structured real estate investments. As a senior executive for several institutional fund managers, Mr. Stammers was the portfolio manager for a $1 billion enhanced real estate fund, a $1.2 billion private timber fund, and several pension fund separate accounts. He has his Bachelors of Arts in Economics from Connecticut College and his Masters in Business Administration from Emory University.
As provincial and federal governments attempt to improve our retirement system, one has to ask whether Canada currently has an ideal system and what can be done to strengthen it. Determining the best way forward can be challenging, since retirement security spans government politics, employer practices, individual investor education and cultural differences.
Are you an investor? Although this might seem like a simple question, the answer isn't so straightforward. One way is to ask some fundamental questions about your financial decisions, what's informing your strategy and how you're putting a plan into place. In other words, think about attitude, aptitude and action.
03/27/2015 01:15 EDT
The second-most underestimated risk around the world is as plain as day: the aging population. While the challenges of an aging population are complex, they are also very common sense.
02/02/2015 12:26 EST
This is a cautionary tale of what happens all over Canada during the previous holiday season and throughout the year: People opted to use credit cards to make purchases they could not afford, which ended up costing them more due to interest charges than they had anticipated and left them with bills they reluctantly had to pay.
12/04/2014 09:11 EST
Finding "the right one" these days can be very complicated, and by the one I mean the right financial advisor! Searching for an advisor that is the perfect match takes time, effort and plenty of research. Finding the right financial advisor is not necessarily a simple task but it can be straightforward if you follow some basic guidelines.
10/23/2014 04:47 EDT
Let's face it: many people work better on a deadline. This is the same mindset that leads perfectly reasonable adults to the conclusion that saving for retirement can wait until tomorrow, until they get a raise or have taken the next vacation, or until they turn 30, 35 or 40. If you are approaching 40 and have procrastinated, it's time for a gut check.
09/17/2014 12:40 EDT
It has been said that in investing, what is comfortable is rarely profitable. This perhaps explains why the investment landscape is littered with novel and sometimes unsuccessful money making strategies.
08/14/2014 05:10 EDT
Investing and managing money might seem like one such task that requires a large amount of personal attention and professional advice. However, an increasing number of investors have started looking to technology to help manage their money. This trend has seen the rise of a new breed of wealth manager -- "the robo-advisor."
06/10/2014 06:05 EDT
When the conversation turns to fraud, investors can sometimes forget that tried-and-tested investment management principles still need to be applied. Even though diversification is one of the most fundamental and enduring investment principles, many investors forget to ensure their assets are diversified widely enough.
03/11/2014 12:40 EDT
Do you become a different person when you retire? Will your values, sense of humour, and pastimes change? Probably not. So why do many investors focus on amassing as much money as possible for retirement instead of considering what their liabilities will be and planning appropriately?
02/27/2014 05:36 EST
If you want a thing done well, do it yourself. With self-directed investment accounts, discount brokers, free online financial tools and an overabundance of online personal financial advice, it may seem like consumers today are well positioned to manage their own financial path. But access to tools doesn't necessarily mean one has the skills to use them properly.
11/18/2013 12:40 EST
There may be no pot of gold at the end of the rainbow, but how about at the end of your Internet cable? As gold prices continue to underwhelm, the emergence of the virtual currency Bitcoin has raised the stakes in the world of commodity investing.
09/12/2013 05:08 EDT
Investing should always be highly rational; humans on the other hand rarely are. Emotion creeps in, leading us to make choices that are often misaligned with our overall financial needs and goals. It's forgivable to make an occasional mistake every now and then, but striving to avoid the seven deadly sins of investing can help you dodge costly bundlers and help put you on a sound financial footing.
07/31/2013 05:38 EDT
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