Quote:
Originally Posted by SeeGeeWhy
What has been the average rate of return on your portfolio since Primerica has been advising you?
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Well like I said, they won't come out and recommend particular funds to invest in. They will hand you a number of prospectus (prospecti?) based on what you identify as goals, and what you identify as your risk tolerance. You make the final decision, it is a self directed RRSP. When I briefly worked there, I was able to attend presentations put on by the fund companies, which also influenced decisions. Really, as far as guiding goes from them directly, I learned not to trust any financial institution, whether it is a bank, insurance company, whatever, have control of my money.
As far as rates of return goes, I have had single years where I lost, especially in the mid 90's, I have had years where there was 30% growth, but on average I have had 14 - 18% over 15 years.