pkphilip

I am not financial advisor, but how I see RRSP is ways to defer taxes and obtain the largest amount of tax rebate for the current tax year.

Since it's RRSP, you won't be taking it out any time (based on your age.. haha). That means stability to me is not an issue because the money will be there for long term. This year, I am converting my RRSP to medium-high risk mutual funds with ING because I lost quite a bit of money on medium risks since 7 years ago.

The best is still to talk to a financial advisor, or go to INGDirect.ca and use their "Street Wise" mutual fund calculator.

Philip

pkphilip

You should receive the Tax Assessment from last year which shows your RRSP quota, and you can start buying from there. Generally I just buy enough to maximize my refund.

Philip