Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Mike Philbrick
Vanguard Retirement Income ETF Portfolio VRIF.TOBUYJan 26, 2024
Mike PhilbrickUnknown
$23.70
Stock price when the opinion was issued
$27.48
As of Jun 19, 2026. Market Open.
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
DON'T BUY
The challenge with the typical balance portfolio is that when you take the yield from bonds and yield from equities like dividends, it is very low. You do not have the same protections as you used to have from bonds in terms of the bonds. Because yield is so low, interest rate risk is higher than it's ever been. He has no problem with the ETF but with the whole asset class.
E.T.F.'s
COMMENT
It's a new ETF and he needs to study it. He can't endorse these one-stop portfolios. True, it's a good starting point, but their asset allocations are static and don't move according to market conditions. VRIF appears to have little emerging market exposure (he'll check though), but retirees need EM exposure. Instead, buy a collection of ETFs which cover various regions.
E.T.F.'s
Excellent long term investment. Low MER. Safe option for retired investors. 30% stocks and 70% bonds. Good mix of stocks and bonds. Mostly Canadian bonds.