TheAnswerIs.ca Inc. announces a total return for the Model Portfolio from inception October 26, 2016, to June 30, 2024 was 90.19%.
The corresponding total return for the Toronto Stock Exchange (TSX), as represented by the ETF XIC, was 88.11%.
The annualized return for the TheAnswerIs.ca Model Portfolio for the 7.68 years since inception was 8.73%.
The trailing 3-month total return for TheAnswerIs.ca Model Portfolio was 1.41%. The trailing 12-month total return for TheAnswerIs.ca Model Portfolio was 13.03%.
Past returns are not indicative of future returns.
The key to investment success is to make sure any money invested in the stock market can be left untouched for a minimum of 10 years, and preferably much longer. Not selling into a stock market downturn will ensure time for a portfolio to recover and provide potentially attractive long-term average equity returns. Five years before one slows down working, and begins to draw money from their portfolio, one should move a significant portion of their portfolio into Fixed Income.
Invest long-term and prosper.