|Interview with Alison starts at 47 min. and 30 sec. into the video|
Alison says "Don't buy junk." I agree, stick to quality. We don't get more RRSP contribution room because we lost money buying junk. She also makes the point that depending on how much money you have saved, GIC's (guaranteed investment certificates) might even work (despite losing to inflation). She recommends we forget mutual funds (too expensive); buy broadly based exchange traded funds (ETF's), instead. Keep it simple - we don't need a lot of product.
When asked about yield she failed to mention REIT's. There are ETF's which consist of Real Estate Income Trusts. Globeinvestor.com shows the yield of iShare's XRE as 4.8%.
I haven't read her book, but I may do just that after seeing the interview!
Are you a fan of what Alison Griffiths is telling us?