Fall 2008
The complete edition of the Fall 2008 Investment Update is available online in
PDF format. Click here
to view the PDF.
You'll find brief highlight of the articles included in this edition of the Investment
Update below.
Investment discipline key to success
This past quarter was no fun for investors with exposure to equity markets. A drop in commodity prices strongly impacted Canadian markets, while troubles with U.S. financial companies like Lehman Brothers and American International Group Inc. impacted markets all over the world.
Even if high levels of volatility continue in the period ahead, as always the most important thing for any investor is to avoid acting on emotions. Maintaining your investment discipline by focusing on time-tested investment principles can improve your long-term odds of success.
Often it is decisions made at times like these that ultimately determine how successful investors will be in meeting their financial goals.
Market outlook
Click here for a summary of how the markets performed over the past quarter.
Planning for your retirement? So are we!
Thinking about retirement or know someone who is? At RBC, our goal is to make retirement planning easy for you and for those you care about.
Coming Soon: Tax-Free Savings Account
Starting January 2009, you will have another great way to grow your investments with the introduction of the new Tax-Free Savings Account (TFSA). Although contributions are not tax deductible, all investment returns in the account whether interest, dividends or capital gains are not taxed, even
when withdrawn. A TFSA is flexible and can help you to reach both short- and long-term investment goals.
Great rate GICs
Consider taking advantage of a limited time offer on our 2-year and 4-year GICS.
2008 tax planning. It’s not too late.
Are you doing all you can to minimize your tax bill?
With a few months left before year-end, there’s still time to consider what you can do to save money on your 2008 tax return.
Financial planning services and investment advice are provided by Royal Mutual Funds Inc., a member company under RBC Financial Group. Royal Mutual Funds Inc., RBC Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. Royal Mutual Funds Inc. is licensed as a financial services firm in the province of Quebec.
Investment and economic outlook information contained in this report has been compiled by RBC Asset Management Inc. from various sources. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by RBC Asset Management Inc., its affiliates or any other person as to its accuracy, completeness or correctness. RBC Asset Management Inc. and its affiliates assume no responsibility for any errors or omissions.
All opinions and estimates contained in this report constitute our judgment as of the indicated date of the information, are subject to change without notice and are provided in good faith but without legal responsibility. To the full extent permitted by law, neither RBC Asset Management Inc. nor any of its affiliates nor any other person accepts any liability whatsoever for any direct or consequential loss arising from any use of the outlook information contained herein. Interest rates and market conditions are subject to change.
Guaranteed investment certificates and U.S.-dollar term deposits are offered through Royal Bank of Canada. RBC Funds are offered by RBC Asset Management Inc. and distributed through authorized dealers. Please read the prospectus before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently, and past performance may not be repeated.
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