Holding bonds as a preferred investment strategy

As seen on Saturday, February 14, 2015 in the National Post

Despite the dizzying array of investment vehicles at their disposal and the volumes of investment advice available, most Canadians are still not taking full advantage of their options, says James Meltzer, senior vice-president and investment advisor with wealth-management firm Richardson GMP.

“The average investor is probably underserved, with their money steered into mutual funds or Guaranteed Income Certifi cates (GICs), which often pay lower rates than good corporate bonds. “Quality corporate bonds often outperform government bonds by providing higher yields. Most people, however, don’t know that they can hold them directly rather than invest in them through mutual bond funds. Bonds are mostly bought by institutions, pension funds and management companies rather than individual investors.”

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