Four buckets of investing
Investing is an essential tool in your financial plan for preparing for retirement. The idea of four buckets investing is to image different buckets, and you want to diversify your assets among the buckets.
The four buckets are
Income
Canadian Equities
USA Equities
International Equities
Then in each bucket, there are different risk levels and diversification of money. You may have a preface for one sector, so you must weigh the risks. For example, having various industries represented helps to balance the returns.
The goal is if one area is not doing well, the other areas are making money.
My role is to get you in the right vehicle. If investing were an airplane. I do not build the aircraft. The investment companies I work with do. My job is to get you on the right plan and land at the right destination.