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Who Else Wants To Rely On Their Pension?

This statement caught my eye whilst reading The Globe and Mail on Friday May 8th. Under the headline “Ottawa to GM: Cut Costs Or Be Cut Off” it was reported that:

“GM Canada’s pension plans had a shortfall of $4.5-billion as of the most recent public information in November, 2007, but that has almost certainly ballooned to $6-billion or more based on declines in stock markets last year.”

Now would you rather invest in an income property or rely on your pension??

This entry was posted on Saturday, May 9th, 2009 at 6:08 pm and is filed under Investment Opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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