Initial Value $24,875.52
February 20, 2012
Update Value $45,228.05
October 22, 2018
By Gordon Pape
Our bond holdings continue to weigh on our returns but they provide the needed stability for an RRSP in the event of a market meltdown. Consider them as your insurance policy.
Despite this, the overall portfolio registered a modest gain of $716.85 for the period, or 1.6%. That’s not great but this is a difficult period for a portfolio of this type.
In the six and a half years since this portfolio was launched the average annual gain is 9.4%. That’s well in excess of our target, despite the weak returns of the past year.
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