This is a list I compile each month of 10 articles that caught my eye (2 cents each). As always, this is only a sampling of some of the great information out there and there are a lot more I could have included. I encourage you to take a look at these and browse other…
Tag Archive: RRSPs
RRSP vs. Paying Down Debt
Today, there are three kinds of people: the haves, the have-nots, and the have-not-paid- for-what-they-haves. ~ Earl Wilson RRSPs work best for the haves. The have-nots might be better off starting with TFSAs, and the have-not-paid-for-what-they-haves should pay down debt first. That would pretty much sum up my general view of using RRSPs. I recently…
TFSA vs. RRSP Duel: Who Wins?
The inability to make a decision has often been passed off as patience. ~ Author Unknown At this time of year, many Canadians are trying to figure out where to put their savings in order to reap the greatest tax and long term investment advantage. With the introduction of TFSAs, that decision has been complicated…
20 Cents from January 2010
This is a list of 10 articles from January of 2010 that I thought you might find interesting. Go ahead and browse some of these websites if they are new to you and you’re certain to find a lot more great information. Enjoy! Pop Economics had a great post asking What Investment Return Should You…
Book Review: Enough Bull
People on commission cannot be trusted. ~ David Trahair, Enough Bull, p. 121 This book came out in August of 2009. By that time, the market tailspin had finally subsided and many investors have since felt comfortable diving back into the investment pool. David Trahair would probably advise against that. This book was billed as…
RRSPs: Taking Money Out
Life is not long, and too much of it must not pass in idle deliberation how it shall be spent. ~ Samuel Johnson Our series on RRSP Basics continues today with some information on how and when to take money out of your RRSP. Withdrawing Money Before You Retire The idea behind RRSPs is that…
RRSPs: What Should You Put in Them?
The road leading to a goal does not separate you from the destination; it is essentially a part of it. ~ Charles DeLint Update: This article appears in the Carnival of Personal Finance #242 – Fun Tax Facts at Cash Money Life. Thanks Patrick! Yesterday we began a series on RRSP Basics with a primer…
RRSPs: Who Needs Them?
Warning: Dates in Calendar are closer than they appear. ~ Author Unknown Registered Retirement Savings Plans (RRSPs) were introduced by the Government of Canada in 1957 as a means of encouraging Canadians to save for retirement. That need has only grown over the decades as corporate pensions have been cut and the number of companies…
