RRSP

Member Update - February 15, 2018

RRSP Season is Here: Diversify your Portfolio with Canada's top ETFsWe have noticed an increase in the volume of questions on ETFs and Mutual Funds. To help with research and questions in this area... ...

A guide to having retirement income for life

With 1,100 Canadians reaching the official retirement age of 65 every day, there’s a sea of change occurring in the investment world. The move from wealth accumulation is rapidly moving to its opposite, de-accumulation or “decumulation.” Decumulation is actuary Fred Vettese’s preferred term ...

RBC Direct Investing Review

Discover the RBC Direct Investing platform for DIY investors. When looking for a discount broker, it’s not just about the transaction fees, learn everything you need to know about the platform to invest with success. RBC Direct Investing is a strong platform with competitive offerings. After 4 ye ...

RRSP vs TFSA: Where to store your retirement savings

—In partnership with Scotiabank— The post RRSP vs TFSA: Where to store your retirement savings appeared first on MoneySense. ...

How to get the pension income tax credit

Q: I am 65 years old and will have income for the next three years. I want to open a Registered Retirement Income Fund (RRIF) and transfer some money into it to take advantage of the pension credit on a $2,000 withdrawal. While doing so, can I then turn around and use that $2,000 as part of my co ...

Now is a good time to take the ETF challenge

It is easy to see why Canadians are increasingly investing through Exchange Traded Funds (“ETFs”). In fact, Canadian ETF sales were up over 50% in 2017 bringing total outstandings to almost $150 billion. But why do millions of Canadian investors continue to stick with expensive mutual funds?  ...

How to pick stocks for fun and profit

SPEED READER Book: Stocks for Fun and ProfitAuthor: Herman VanGenderenPublisher: Tellwell Talent Sold by: Amazon digital services Price: Hardcover, $65.71; Paperback, $33.92, Kindle Edition, $9.99 WHO IT’S FOR: Investors—both novice or experienced—seeking to learn more about investing on the ...

My name is Pamela. I’m a late bloomer. Please help me invest

Flickr I am a late bloomer. I finally have an empty nest, but I had low income employment and always lived with my nose 1 inch under the water. I finally have a good paying job at a bank, minimal debt, and I want to save. I have no idea where to go. My bank opened an investment account and I can ...

How to start investing late in life

Flickr Q: I am a late bloomer. I finally have an empty nest, but I had low income employment and always lived with my nose 1 inch under the water. I finally have a good paying job at a bank, minimal debt, and I want to save. I have no idea where to go. My bank opened an investment account and I ...