How to start saving for a house down payment and make an annual return of 5%. Plus, the lure of covered-call ETFs

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How to start saving for a house down payment and make an annual return of 5%. Plus, the lure of covered-call ETFs
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A roundup of investment ideas for active investors

) for free daily and weekly newsletters, in-depth industry coverage and analysis, and access to ProStation - a powerful tool to help you manage your clients’’ portfolios.: I am 63 years old and plan to retire in a few years. My portfolio is invested 90 per cent in equities and 10 per cent in guaranteed investment certificates. Is it time to go more conservative, such as a 60/40 mix of stocks and GICs?There is no one-size-fits-all solution when deciding on an optimal asset allocation.

The kinds of stocks you own are also a consideration. A portfolio of dividend-paying utilities, banks and consumer staples companies is going to be more stable than one stuffed with tech stocks and speculative investments.

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