All Questions
9
questions
2
votes
1
answer
2k
views
When would holding U.S. stocks in a non-registered account be better than in a TFSA?
Assume your RRSP is full, and you must buy U.S. stock in TFSA or in an unregistered [aka non-registered] account. The default answer seems to be TFSA!
If you have an RRSP, a TFSA and a non-...
user40269
3
votes
1
answer
366
views
How to buy private company stock using a registered account (e.g. LIRA, RRSP)?
I would like to invest is a private company using money from my LIRA (locked in retirement account).
I know this is allowed, similar to holding private mortgages under these accounts, but how do I ...
- 31
7
votes
1
answer
392
views
Ought a 63-year old working hotel employee commence an RRSP?
If I understood Global News, MoneySense, the Wealthy Barber, and Reddit, my dad ought NOT start or contribute to an RRSP! Right? Thanks.
Facts
He's 63 years old, and has no children under 18. He ...
user40269
2
votes
1
answer
114
views
Canada: Borrow to Invest in RRSP?
I've a credit line that charges a 2% fee to borrow money and no interest charges for 8 months. I've used this facility before for high value purchases and have not occurred any hidden fees / payments ...
- 329
9
votes
5
answers
3k
views
Withdrawing cash from investment: take money from underperforming fund?
Suppose Bob has $15K invested in an account with 2 funds (for this question we'll assume a Canadian RRSP, but the country/tax implications probably aren't relevant).
He has $10K in a conservative ...
- 190
3
votes
2
answers
227
views
Extra Investment - Small monthly payment, RRSP vs Mortgage vs Mutual fund
I'm planning to invest/save some extra money on a monthly basis probably around $100-200 or so. I'm not sure where I should put it from the following options
RRSP (probably open a TD e-series account)...
- 537
3
votes
2
answers
407
views
How can I determine which is right for me, RRSP or TFSA, if any at all?
I'm 22 years old, and currently dumping all my money into my general savings account. I'd like to take this further but I'm not sure where to go with this. What type of savings account should I get ...
user2987
11
votes
2
answers
929
views
TFSA vs. RRSP... Best retirement approach
What's the best retirement strategy? Assuming I have $1000 and room in both my TFSA and RRSP contribution, where should the $1000 go?
- 429
11
votes
3
answers
678
views
What kind of investments should I have in my RRSP?
I plan to retire in 15-20 years... what kind of investments should I consider holding in my RRSP? I don't like very risky investments, but I also don't want to be too conservative.
- 1,145