Thursday, November 02, 2006

Rant: Income Trusts

How did so many retirees end up with portfolios that exposed them to so much risk? When I'm 65 I hope I'm not so desperate as to be anywhere near equities or trust units. I especially have no sympathy for the crybaby on last night's The National who was reciting his sob story while raking leaves on his sprawling estate on the Bay of Quinte.

1 comment:

Uncle John said...

The reason that so many retirees ended up with income trusts is that the Conservatives promised that they wouldn't change the taxation of trusts. It is sad when we can't rely on our elected representatives. Be sure to vote Liberal in the next election and make these rascals pay.