You Can Have Too Much of a Good Thing

By: Mary Gooderham | The Globe and Mail | January 24, 2007

Read More, and see what Scott Plaskett says about organizing your long-term strategy (retirement).

When it comes to saving for retirement, everyone knows the impulse of the deadline purchase, the lure of the investment bargain and the appeal of having plans from multiple employers.  But for many, that sort of buying only adds up to a collections of RRSP accounts spread across different programs, institutions and advisers, with nary a long-term goal or investment philosophy in sight.

For Arne Kislenko, 41, a history professor at Ryerson University in Toronto, years of investing in RRSPs amounted to a slew of “bare-minimum” GICs that had little in the way of discipline and were a nightmare to keep track of.  When he met a financial adviser a decade ago and began pulling together his holding and applying some strategy to his investing all of that changed…

organizing your long-term strategy (retirement)