This retiree enjoys painting, podcasting and writing investment books
Ian Duncan MacDonald, an 81-year-old retiree, has successfully transitioned into self-directed investing after a significant loss with an investment advisor. He has created a stock-scoring system that has allowed his portfolio to grow substantially over the past 20 years. In addition to investing, MacDonald enjoys writing, painting, and spending quality time with his family during his retirement.
- ▪Ian Duncan MacDonald retired at the age of 60 and initially faced a $300,000 loss with an investment advisor.
- ▪He developed a stock-scoring system to identify strong dividend-yielding stocks and has maintained a successful portfolio for 20 years.
- ▪MacDonald has authored seven investment books and three novels, and he hosts a podcast focused on dividend investing.
Opening excerpt (first ~120 words) tap to expand
Open this photo in gallery:After losing money early in retirement with an investment advisor, Ian Duncan MacDonald, 81, learned how to be a successful self-directed investor.Laura Proctor/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountIn Tales from the Golden Age, retirees talk about their spending, savings and whether life after work is what they expected. For more articles in this series, click here.Ian Duncan MacDonald, 81, Toronto.I retired in January, 2006, at the age of 60. I spent most of my career designing commercial risk systems. My last job was helping to integrate an acquisition of the company I worked for. Once the job was done, they wanted me to retire, and I wanted new challenges.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
Discussion
0 commentsMore from The Globe and Mail
