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Look at all OH CHRISTMAS TREE! risks and have a solution to Visit the TERRA Tree Lot address them continued from p.26 In the context of the risk of stock market decline, you can make a strong case that the retired couple had too much invested in equities. In the eyes of many within the investment industry, there is the risk that 60 per cent in equities might be challenged and put the adviser at risk. Because of the potential risk to an investment adviser, they might recommend a more conservative portfolio. The problem is evaluating risk. The challenge is to look at all the different types of risk and have a solution that addresses them all. One risk is stock market decline. However, a more significant risk for many retired investors is outliving their capital. It is not uncommon for people to live into their 90s, so our 70-yearold couple could have 25 years to live. In order for the investors to maintain their purchasing power after inflation it may be advisable to have a significant amount of their portfolio invested for the long term and therefore invested in equities. Some might argue retired investors are not looking long-term and for those who mistakenly believe that, we recommend they look at actuarial tables to confirm how long people live today. As mentioned above, longevity is the greatest financial risk many Canadians face. Regulation or "guidelines" that encourages retired investors to have safer investments is, in my opinion, a mistake. There is no magic formula that is suitable for every investor. We recommend investors identify all risks in conjunction with their investment objectives. The correct investment approach should be the one that had the greatest chance to achieve their investment objective with the least risk. Rules and guidelines are useful to guide those providing investment advice. But the ultimate guideline should be to recommend what is best for each and every investor. -- Submitted by Peter Watson, MBA, CFP , R.F .P ., CIM, FCSI., Certified Financial Planner 27 | Thursday, December 3, 2015 | OAKVILLE BEAVER | www.insideHALTON.com DESIGNER 6'-7' TALL FRASER FIR NOW $19.99 Reg. $29.99 and we'll help you choose the perfect tree! Other Christmas Tree varieties available are Fraser Fir, Balsam Fir, Noble Fir, Nordman Fir, Scotch Pine, White Spruce, Blue Spruce Tree heights are 4' up to 12' tall (tree heights vary depending on variety) Enjoy a cup of hot apple cider, and have your photo taken with loved ones...pets are welcome too! Reindeer Delivery Service - FREE DELIVERY available on all purchases over $100. See stores for details. 6" Poinsettia with a decorative pot, Reg. $14.99 2 GET 1 FREE $9.99 BUY All Christmas Tree Hanging Ornaments (of equal or lesser value) Double Poinsettia with greens Reg. $34.99 $24.99 SAVE $10 $29. SAVE $10 $49. SAVE $20 $79. 99 99 OPEN 7 DAYS A WEEK: Sat. - Wed. 9am - 6pm, Thurs. & Fri. 9am - 8pm All items while quantities last, subject to availability. Category offers exclude "TERRA Essentials" NOW NOW NOW 99 $19.99 Indoor Evergreen Table Arrangements FROM Create a grand entrance with our WINTER collection of outdoor evergreen planters. Sale period: Dec. 3rd - 9th www.terragreenhouses.com Burlington (905) 332-3222 · Milton (905) 876-4000 Waterdown (905) 689-1999 · Vaughan (905) 832-6955 · Hamilton (905) 692-6900