Interesting article on where to invest your money for RRSP season. The trend is showing a lot of younger clients are investing into real estate rather than trusting low yield investments. Real estate has proven to provide great returns over the long term, especially with retirement being such a long way off for younger generations.
The annual fight for your coin during RRSP season has noticeably tamed in recent years. It used to be at that at this point in the calendar, big banks would push customers toward RRSPs. Then they’d get a receipt in the mail and do their taxes. Pretty straightforward. But now the number of investment options has exploded — from tax-free savings accounts to Canadian and international stocks, bonds and real estate. So has the number of players offering financial services. I can seem as though RRSPs are almost, well, not in season. That’s thanks in part to low interest rates,...
Interesting article on where to invest your money for RRSP season. The trend is showing a lot of younger clients are investing into real estate rather than trusting low yield investments. Real estate has proven to provide great returns over the long term, especially with retirement being such a long way off for younger generations.