#1 – The primary purpose of an RRSP is to save for retirement. TFSAs can be used to save for any purpose. #2 – RRSP contributions are tax-deductible, not when…
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#1 – The primary purpose of an RRSP is to save for retirement. TFSAs can be used to save for any purpose. #2 – RRSP contributions are tax-deductible, not when…
ETFs (exchange-traded funds) are becoming more popular among investors as a way to diversify their holdings. If you understand the risk/reward trade-offs, you might want to look into it.