How to stay the course with your retirement plan during market volatility + MORE Apr 11th

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How to stay the course with your retirement plan during market volatility

– moneysense.ca

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.

Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April 2).

While it can be worrisome to see markets drop around 10% in a matter of days, experts emphasize the importance of not making any rash moves.

“First and foremost, absolutely avoid panic selling,” said Tony Maiorino, head of RBC’s Family Office Services team.

Retirees might think they don’t have the time horizon to recover from steep losses, but for many, the timeline is still relatively long so it’s important not to miss out on recovery days, he said. “If you miss the best days, it dramatically impacts that rate of return.”

Consider the tax implications before selling assets

Portfolio rebalancing is important for everyone, but especially for retirees who might no longer be contributing to their investments and are relying especially on capital gains…

Continue Reading On moneysense.ca »

Stock market news for investors: Cineplex, Roots, Delta and more

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Cineplex

Roots

Corus Entertainment

Cogeco

Delta Air Lines

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