Is there any reason to choose a unit investment trust? I'm helping a friend with his portfolio and I see his broker sold him several of these. Why would that make sense for the client?
Here's the other flaw: ss is inflation indexed. Look at the increase that was received for 2022. There's nothing out there that can match this combination of guaranteed income plus inflation indexing.
Comments:
Is there any reason to choose a unit investment trust? I'm helping a friend with his portfolio and I see his broker sold him several of these. Why would that make sense for the client?
Post: Start Here, Go Anywhere
Link to comment from July 29, 2024
Here's the other flaw: ss is inflation indexed. Look at the increase that was received for 2022. There's nothing out there that can match this combination of guaranteed income plus inflation indexing.
Post: Making Your Claim
Link to comment from February 16, 2022