Quote:
Originally Posted by Slava
Are you an advisor? That is super dangerous advice and certainly doesn't apply to every scenario. I don't know who you're advising or recommending this to, but they hopefully consider a second opinion because there is a lot more to consider than just rate of return.
|
Plus he's wrong. AIMCO manages the public pension funds in Alberta and they do a terrific job. Maybe he pulled the 2011 return and used it to suit his argument? Quick google search for the last 5 years of returns (net of fees):
2015: 9.1%
2014: 9.9%
2013: 12.5%
2012: 10.2%
2011: 4.8%