How much do you put into RRSP's each month?
1000 Watt CAFz'r
Joined: Dec 2003
Posts: 1,494
Excel Communications, my bussiness. Like I had said "if" everything is going to work as planned for me witch I have no dout at all, then I will be able to maintain that... At 16, really I should not have that kind of money, and if I did what would I do with it now?? I mean like after my truck is built up, not like I can just leave when ever I want to and go on a va-cay... Or just go and do what I please... I wouldnt I have to much respect for my dad and what he has going for him self! Who knows whats going to happen... But yes that is how... If you want more info on this simply "pm" me as I dont like to talk about my personal life on a "free open" web page, not to be rude or anything but Im sure you dont want people to know what you make and can or cant do..
-db
-db
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^ Pretty much how I took it - if your pie in the sky get rich quick MLM takes off like the recruiter promised it will then you're set. Sweet [img]graemlins/thumb.gif[/img]
And as for Zut's advisor - I have often heard that if your net earnings are under $30k then RRSPs don't help out your taxes like if you make over $30k. Of course the benefit of owning the RRSP is the same regardless though.
Don't quote me on that though - I hated my finance classes and that's pretty muc hshy I went into the technical field [img]tongue.gif[/img]
And as for Zut's advisor - I have often heard that if your net earnings are under $30k then RRSPs don't help out your taxes like if you make over $30k. Of course the benefit of owning the RRSP is the same regardless though.
Don't quote me on that though - I hated my finance classes and that's pretty muc hshy I went into the technical field [img]tongue.gif[/img]
1000 Watt CAFz'r
Joined: Aug 2001
Posts: 1,770
me and the wife do 300 each a month
then whatever else were allowed after we do yearend
i've been contributing for about 8 years
i would say start small and do what you can
you may need it when you retire or it amy allow you to retire early
then whatever else were allowed after we do yearend
i've been contributing for about 8 years
i would say start small and do what you can
you may need it when you retire or it amy allow you to retire early
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Posts: n/a
Well if my plan goes the way I want I will put $834657659487789470324lmnop8937436476.99 per day away. Well maybe not because my plan involves selling out my fellow humans to a race of locust like aliens bent on devouring the global resources of the earth, so I won't really have anywhere to get rrsp's. I could definetly afford insurance on that Ferrari because there wouldn't be any insurance companies either.
