Does the WSIB have any immediate plans to change its investment strategies for the state’s retirement Commingled Trust Fund?
A. Not at this time. One of the great virtues of focusing on long-term investments is the knowledge that we have the capacity to ride out this financial storm. The WSIB has a globally diversified portfolio of high quality assets that is built to withstand the ups and downs that come from investing in capital markets. This confidence in our strategy may seem overoptimistic considering the fear that surrounds us, but one of the profound lessons of the past is that a steady and determined focus on one’s investment plan, combined with the courage to stick with it, will be rewarded. Diversification really is the best response to the vast uncertainty that confronts us.
Related Questions
- Why do the Missed Fortune strategies state that qualified plans, such as IRAs and 401(k)s, do not provide the most attractive retirement benefits?
- Does the WSIB have any immediate plans to change its investment strategies for the state’s retirement Commingled Trust Fund?
- Does this legislation create a state retirement investment board separate from MOSERS?
