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continued from p.20 Savings, rate of return leads to success 21 | Thursday, September 1, 2016 | OAKVILLE BEAVER | www.insideHALTON.com SA SALES LES PERIOD | SEPT 1 - 7, 2016 2016 JOIN US FOR OUR FALL FALL HARVEST HARVEST EVENT EVENT asked at the beginning of this column, this is a situation where an investment adviser should challenge a client's stated investment wishes. A low-return bond portfolio initiated to satisfy the goal of avoiding risk, would, in fact, result in the greater risk of not being prepared nancially to fund retirement. The problem with bonds today is prevailing interest rates are very low and therefore, in the long-term, the growth of the bond portfolio would be minimal. That would not be a problem if the client was extremely af uent, or if they had already secured a retirement income due to a large pension. Low interest rates, and therefore low portfolio growth, would not detract from an af uent client's long-term objectives to prepare for retirement. That being said, most people are not af uent and they don't have a strong pension to support their desired retirement lifestyle. Most individuals planning for retirement will be successful because they are able to save and invest those savings in order to generate a good rate of return. It's the combination of savings rate and the rate of return that leads to their nancial success. Often developing a suitable portfolio requires a balancing act between different types of risk. My recommendation is to carefully consider all your risks. In the example above, an investment strategy built around a low-risk bond portfolio would result in the larger risk of not being able to afford a desired standard of living during retirement. Developing the appropriate investment strategy, taking into consideration all your various needs and risks, is essential. It is normal when con icting investment objectives occur, but it is important these differences be discussed in order to plan the appropriate investment strategy. -- Submitted by Peter Watson of Peter Watson Investments and Aligned Capital Partners Inc., MBA, CFP , R.F .P ., CIM, FCSI., Certi ed Financial Planner CONCRETE S K R CO SAVE 12" Euro FALL PLANTER SEPT. 17 & 24 11 am - 4 pm ALL TERRA LOCATIONS S T F A CR TAILS COCK and HOPS Harvest Mixology Workshop Sept 17th & 24th every hour, on the hour at Hamilton & Waterdown locations Cinderella's Garden Workshop Sept 17th 3 pm-4 pm Small.... $14.99 Large.... $24.99 $10 FREE 3999 Reg. $49.99/each samples from local Craft Breweries & Wineries Sept 17 th & 24th Falling In Love Planter Workshop Sept 17 th 1 pm-2 pm $44.99 Pandora's Harvest Terrarium Workshop Sept 17 th 11 am-12 pm $24.99 *Breweries and Wineries vary by location. *Mixology and cheese tastings at select locations. Visit www.terragreenhouses.com for details 6" Instant ANNUALS 3 $21 for Reg. $8.99/each 3 gal. MUMS 3 $18 Reg. $6.99 for Sunflowers Follow Oakville Beaver staff on Twitter: @OakvilleBeaver or @NewsHooked @DavidLea6 @JuliaLeReporter @HerbGarbutt @PostBeaverSport @Halton_ Photog 1999 EXPOSED AGGREGATE (Pebble) · DRIVEWAYS · STEPS · FRENCH CURBS · WALKWAYS · PATIOS · GARAGE FLOORS 10" Fall PLANTER SAVE $5 Rudbeckia Ornamental Peppers Reg. $24.99/each Mums OPEN 7 DAYS A WEEK Tues - Sat 9 am - 6 pm | Sun 9 am - 5 pm OPEN LABOUR DAY Monday, Sept 5th 9 am - 5 pm HAMILTON 340 Hwy 20 R.R. 1 East of Upper Centennial (905) 692-6900 | BURLINGTON Hwy 5 East of Brant St. (905) 332-3222 MILTON Britannia Rd. West of Trafalgar (905) 876-4000 | WATERDOWN Hwy 6 & 5th Concession East (905) 689-1999 VAUGHAN Keele St. North of Kirby Side Rd. (905) 832-6955 All items while quantities last, subject to availability. Category offers exclude "TERRA Essentials". uality At Its Best! Call Fernando 905-844-5518 1-888-944-5518 www.concretetrimmings.com FREE ESTIMATES www.facebook.com/YourTERRA/ www.terragreenhouses.com