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I've read older posts on this topic but have not seen any posts within the last couple of years. My husband and I are moving towards semi-retirement at the end of next year. Our fixed income portfolio percentage is 40%. Currently we have our fixed income dollars in the following:
I am beginning to pay more attention to this part of our portfolio because I now feel like I have the equity part of our portfolio as close to where I want it as possible. I am wondering if there are better decisions on the fixed income side. This is especially important because we expect to be selling our principal residence next year which will lead to a doubling of our portfolio value.
HISA investment is essentially emergency funding. I locked in GIC rates when rates were higher (i.e. our 4 year to maturity GIC is at 3%). Obviously rates today are very low. I would love some coaching on how to compare a GIC investment with an investment like ZAG.
Are there other fixed income investments worth looking at?
I am welcoming of all thoughts.
- HISA (@ 1.5 and 1.4% respectively)
- RRSP 5 year GIC Ladder
- ZAG/ZDB (RRSP/Taxable respectively)
I am beginning to pay more attention to this part of our portfolio because I now feel like I have the equity part of our portfolio as close to where I want it as possible. I am wondering if there are better decisions on the fixed income side. This is especially important because we expect to be selling our principal residence next year which will lead to a doubling of our portfolio value.
HISA investment is essentially emergency funding. I locked in GIC rates when rates were higher (i.e. our 4 year to maturity GIC is at 3%). Obviously rates today are very low. I would love some coaching on how to compare a GIC investment with an investment like ZAG.
Are there other fixed income investments worth looking at?
I am welcoming of all thoughts.