Asset allocation is used to spread your risk among several different types of assets including:
- cash and cash equivalents including money market funds,
- fixed interest securities (GICs, term deposits, government bonds, corporate bonds),
- equities (preferred stocks, common stocks etc).
For more information about how to get started on your own personal pension plan you can contact us at Celesta Financial to learn more about how we can help you achieve your goals for retirement. You can also learn more details about this concept of retirement planning at a website developed by Manulife Financial. See Help my savings last.