This is not a complete list but these are some of the more important variables you will need to discuss with your advisor. Through a detailed discussion, your advisor will develop an understanding of what investments might suit you best.
Pay yourself well and for a long time
Talk to your advisor about setting up Pre-Authorized Chequing (PAC). This is where funds are automatically transferred from your bank into an investment on a regular basis. By automating your approach and paying yourself with discipline you will also be implementing a strategy known as “dollar-cost averaging” where you invest regularly whether the market is performing strongly or poorly. When the markets drop, your regular contribution will purchase more units and when the market performs well of course, your contribution will purchase fewer units. Dollar-cost averaging tends to smooth out the volatility of your investments. It is also a convenient and disciplined strategy to build a portfolio and reach your long-term financial goals.