Pension Fun’s Lower Returns Highlight Need for Diversification Amid Market Volatility

Toronto, Ontario – Canada’s largest pension fund saw an eight percent return last year, falling short of the 19.9 percent return of its reference portfolio. The Canada Pension Plan Investment Board, ending its fiscal year on March 31, attributed the lower return to higher volatility in the stock-focused benchmark portfolio compared to the fund’s diversified, long-term return focus, according to CEO John Graham. The fund’s reference portfolio, made up of 85 percent global equity and …

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Discover the Surprising Financial Priorities of American Millionaires

A recent survey conducted by Ameriprise Financial has shed light on American millionaires’ financial priorities and mindset. Despite popular belief, most millionaires do not consider themselves wealthy, according to the survey. In fact, 60% of the respondents identified as upper middle class, while 31% considered themselves part of the middle class. The survey included 580 Americans between the ages of 27 and 77 with investable assets of $1 million or more. The survey revealed that …

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Bitcoin: Japan’s State Pension Fund Explores Cryptocurrency Diversification Options

Tokyo, Japan – The Government Pension Investment Fund (GPIF) in Japan, the world’s largest state pension fund with $1.4 trillion in assets under management, is exploring the potential of diversifying its portfolio by considering investments such as bitcoin and precious metals. The fund is looking into these options in response to emerging changes in society, the economy, and technology. Currently, GPIF’s investment portfolio includes domestic bonds, domestic stocks, foreign bonds, foreign stocks, private equity, real …

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Retirement Planning: The Key to Tax Diversification in Uncertain Times

Minneapolis, MN – As the tax deadline of April 15 approaches, many individuals are contemplating the best strategies for retirement savings, considering the uncertainties that come with planning for the future. One major consideration is the concept of tax diversification, a smart strategy to include in retirement planning. With traditional retirement accounts like IRAs and 401(k)s, contributions are made with pre-tax dollars, and taxes are paid upon withdrawal in retirement. On the other hand, Roth …

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Retirement Cash Flow: Because Golf Clubs and Cruise Tickets Don’t Pay for Themselves!

If you’re nearing retirement or already basking in its flexibility, the question of sustainable income sources is pertinent. Two investment instruments have always been popular among retirement income streams: dividend stocks and bonds. Here we shed light on these financial tools and why they’re worth considering for a steady cash flow during retirement. Understanding Dividend Stocks and Bonds Firstly, let’s understand what dividend stocks and bonds are. Dividend stocks are shares in a company that …

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Blockchain and Cryptocurrency: Exploring their Potential in Retirement Savings

In the digital age, financial technologies continue to evolve at an unprecedented pace. Among the most revolutionary innovations are blockchain and cryptocurrencies. Often seen as the realm of tech enthusiasts or high-risk investors, these technologies are gradually seeping into mainstream financial planning. As such, exploring the potential of blockchain and cryptocurrency in retirement savings represents a forward-thinking approach to wealth management. Blockchain: The Game-Changer To truly grasp the impact of cryptocurrencies on retirement savings, we …

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