Why you should have an Investment Policy Statement
Ensure your portfolio gets home safely no matter what.
Articles By Rob Gerlsbeck:
What happens to my RRSP when I retire?
Most transfer their assets into a RRIF at 71 for regular monthly payments.
What is an RRSP, really?
An RRSP is simply a saving or investing account with certain tax-saving characteristics.
Is the money in my RRSP really tax-free?
RRSPs simply defer taxes until later in life when lower tax rates apply.
Can I take money out of my RRSP without a penalty?
Tap your RRSP if you're buying a home or going back to school.
Should I get a spousal RRSP?
Spousal RRSPs are ideal for couples with unbalanced incomes.
Should I buy stocks, mutual funds or ETFs?
It all comes down to what kind of investor you are.
Should I contribute to my mortgage or RRSP?
Conventional wisdom says make your mortgage a priority.
Are income trusts a good choice for my RRSP?
Income trusts may still be worthwhile investments but they're probably best kept outside your RRSP.