How much do you put into RRSP's each month?
Guest
Posts: n/a
Anyone look into the TD Canada Trust 10 year deal? They give you a $10,000 rsp up front and you pay $100/month for 10 years.
Not a bad prospect if you are young or if you're behind on your RSPs, like me
Ah well, I have a golden parachute so I'll be ok [img]graemlins/deal4u.gif[/img]
Not a bad prospect if you are young or if you're behind on your RSPs, like me
Ah well, I have a golden parachute so I'll be ok [img]graemlins/deal4u.gif[/img]
1000 Watt CAFz'r
Joined: Dec 2003
Posts: 1,494
Ill be doing 2000$ a month after i finish building my mini... or at least about $500 or so or more before i do
invest young, im 16 and if i do go through with that i will have alot of cash to retire with.
thats 1 of my goals in life, not having to worry about finicial needs, make my life and my familys life easier... i would like to take the odd trip per year to some weres new wen i have a family... but this is a long time from now so i dont have to worry about it..
-db
invest young, im 16 and if i do go through with that i will have alot of cash to retire with.
thats 1 of my goals in life, not having to worry about finicial needs, make my life and my familys life easier... i would like to take the odd trip per year to some weres new wen i have a family... but this is a long time from now so i dont have to worry about it..
-db
[img]graemlins/bs.gif[/img]
50 Watt CAFz'r
Joined: Jun 2003
Posts: 372
Originally posted by Zutronius:
My avdisor told me not to put into RRSPs till I hit the $30,000 tax bracket. She said its not worth it for me in start investing now. [img]graemlins/dunno.gif[/img]
My avdisor told me not to put into RRSPs till I hit the $30,000 tax bracket. She said its not worth it for me in start investing now. [img]graemlins/dunno.gif[/img]
50 Watt CAFz'r
Joined: Jun 2003
Posts: 372
Originally posted by Probeman:
$4000-$5000 a month or year?
You're allowed to put in 18% of your total income into an RRSP right? $4000 a month would mean you would make somewhere in the area of $260,000 a year. That's awesome! Do you need a secretary/lackey/etc. by any chance?
$4000-$5000 a month or year?
You're allowed to put in 18% of your total income into an RRSP right? $4000 a month would mean you would make somewhere in the area of $260,000 a year. That's awesome! Do you need a secretary/lackey/etc. by any chance?
50 Watt CAFz'r
Joined: Jun 2003
Posts: 372
Originally posted by sLammeds15:
Ill be doing 2000$ a month after i finish building my mini... or at least about $500 or so or more before i do
invest young, im 16 and if i do go through with that i will have alot of cash to retire with.
-db
Ill be doing 2000$ a month after i finish building my mini... or at least about $500 or so or more before i do
invest young, im 16 and if i do go through with that i will have alot of cash to retire with.
-db
50 Watt CAFz'r
Joined: Jun 2003
Posts: 372
Originally posted by Zutronius:
Really?
I have $2000 invested into mutual funds..hmm I'm gonna have to start looking for a new advisor I guess. [img]graemlins/dunno.gif[/img]
Really?
I have $2000 invested into mutual funds..hmm I'm gonna have to start looking for a new advisor I guess. [img]graemlins/dunno.gif[/img]
