Comments on: Some Powerful Investing Strategy For Your RRSP’s http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/ This is where your finance takes place Thu, 09 Feb 2012 14:46:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The Financial Blogger http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4673 The Financial Blogger Mon, 02 Feb 2009 17:57:07 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4673 Sophie, If you transfer a part of your non-registered portfolio into a registered portfolio (like a RRSP), you won't be able to claim your capital loss. So if you are ready to say "good bye" to the capital loss, you can switch your funds to your RRSP account. In order to know which moves to make, you should see your financial adviser ;-) But technically, if you have cash to transfer into your RRSP account, it's always better since there is no tax implication. Sophie,

If you transfer a part of your non-registered portfolio into a registered portfolio (like a RRSP), you won’t be able to claim your capital loss. So if you are ready to say “good bye” to the capital loss, you can switch your funds to your RRSP account.

In order to know which moves to make, you should see your financial adviser ;-) But technically, if you have cash to transfer into your RRSP account, it’s always better since there is no tax implication.

]]> By: Sophie http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4671 Sophie Mon, 02 Feb 2009 16:47:23 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4671 I have money in my non-registered cash account (cad and usd), but I have reported big losses in those accounts. Now that I want to put more money in my RRSP, what type of positions (cash, equity, equity funds, balanced funds ...) would you suggest to transfer into my RRSP? What's the fiscal impact if I transfer few of my positions into my RRSP? I have money in my non-registered cash account (cad and usd), but I have reported big losses in those accounts.

Now that I want to put more money in my RRSP, what type of positions (cash, equity, equity funds, balanced funds …) would you suggest to transfer into my RRSP? What’s the fiscal impact if I transfer few of my positions into my RRSP?

]]> By: Sophie http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4640 Sophie Thu, 29 Jan 2009 18:23:19 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4640 ok you are right!!! Balanced portfolios performed better that equity portfolios (disaster in 2008!!!! ) We are better to be conservative as our RRSPs went down so badly last year (trying not to check at it everyday, at least we still have some time to invest). ok you are right!!! Balanced portfolios performed better that equity portfolios (disaster in 2008!!!! ) We are better to be conservative as our RRSPs went down so badly last year (trying not to check at it everyday, at least we still have some time to invest).

]]> By: The Financial Blogger http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4629 The Financial Blogger Thu, 29 Jan 2009 01:36:24 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4629 Sophie; If you plan to buy a house with your rrsp investment, I would not suggest you to put everything in index funds. What happens if you want to buy next year and we are still under great volatility? You may want to be more conservative and go for balanced portfolios ;-) IS; Actually, A RRSP loan is a good strategy if you plan to pay it on a short period (i.e. max 2 years). If you need more than that, don't bother using a rrsp loan and simply setup a systematic invesment ;-) Sophie;
If you plan to buy a house with your rrsp investment, I would not suggest you to put everything in index funds. What happens if you want to buy next year and we are still under great volatility? You may want to be more conservative and go for balanced portfolios ;-)

IS;
Actually, A RRSP loan is a good strategy if you plan to pay it on a short period (i.e. max 2 years). If you need more than that, don’t bother using a rrsp loan and simply setup a systematic invesment ;-)

]]> By: IS http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4627 IS Wed, 28 Jan 2009 23:38:56 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4627 Well, gotta admit, I was very interested in reading this and while I still have a lot of room to contribute to my RRSP, I am reluctant to take a loan, simply because I feel great about investing my money, even taking big risks with it, but investing money that I don't own? Not convinced... what do you think TFB?:) Well, gotta admit, I was very interested in reading this and while I still have a lot of room to contribute to my RRSP, I am reluctant to take a loan, simply because I feel great about investing my money, even taking big risks with it, but investing money that I don’t own? Not convinced… what do you think TFB?:)

]]> By: OneDay http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4626 OneDay Wed, 28 Jan 2009 20:03:05 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4626 Interesting!! My current portfolio is highly weighted on cash and financial services. My RRSP strategy for 2009 would be: I will reallocate and pick into the Canadian market in the following sectors Industrial Products, Utilities and Consumer staples (not yet sure). I do not want to invest in bonds for this year. I think I will follow your advice with a Canadian dividend paying fund. Interesting!!

My current portfolio is highly weighted on cash and financial services. My RRSP strategy for 2009 would be: I will reallocate and pick into the Canadian market in the following sectors Industrial Products, Utilities and Consumer staples (not yet sure).

I do not want to invest in bonds for this year. I think I will follow your advice with a Canadian dividend paying fund.

]]> By: How to Live in Canada http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4625 How to Live in Canada Wed, 28 Jan 2009 19:50:26 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4625 I've been reading about a couth potato portifolio and that's what i am planning to do with mine. Open a spouse rrsp with td e-series, get some loan and put up on my rrsp. in addition to this, i've been contributing through my company as well, every time I get paid, an amount goes to my mutual fund there, of course, low mer :) I’ve been reading about a couth potato portifolio and that’s what i am planning to do with mine. Open a spouse rrsp with td e-series, get some loan and put up on my rrsp.

in addition to this, i’ve been contributing through my company as well, every time I get paid, an amount goes to my mutual fund there, of course, low mer :)

]]> By: Sophie http://www.thefinancialblogger.com/some-powerful-investing-strategy-for-your-rrsp%e2%80%99s/comment-page-1/#comment-4624 Sophie Wed, 28 Jan 2009 19:49:16 +0000 http://www.thefinancialblogger.com/?p=1143#comment-4624 My boyfriend and I are young investors and we have contributed to our RRSPs only in recent years (at least trying too!!!) We have two main objectives : 1- Our RRSPs is for our retirement in the longer term (that’s certainly not for soon!!). As the market is down, I think it’s the time to buy. For the moment, I don’t want to get a RRSP loan. I think I will use my margin account in order to invest 2- Most importantly, this capital would enable my boyfriend and I to buy our first home under the canadian house buyers plan (HBP). I do not contribute methodologically and but am thinking about accumulating on a regular basis (that’s in process!!). I think I will buy invest into a Canadian Index fund. Do you have any suggestions? with the MER comparison? My boyfriend and I are young investors and we have contributed to our RRSPs only in recent years (at least trying too!!!)

We have two main objectives : 1- Our RRSPs is for our retirement in the longer term (that’s certainly not for soon!!). As the market is down, I think it’s the time to buy. For the moment, I don’t want to get a RRSP loan. I think I will use my margin account in order to invest 2- Most importantly, this capital would enable my boyfriend and I to buy our first home under the canadian house buyers plan (HBP).

I do not contribute methodologically and but am thinking about accumulating on a regular basis (that’s in process!!). I think I will buy invest into a Canadian Index fund. Do you have any suggestions? with the MER comparison?

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