daimo

原帖由 athenac 於 2008-2-12 01:06 發表
下.... 儲得錢多都係 liability!?
我極度需要 financial advisor.....有冇老友記係呀...

I thought I posted that before ...

All financial advisors are biased to certain extend, depending on where they come from.

E.g.

A financial advisor from a bank will ask you to buy their bank's own mutual fund first for RRSP, and don't buy real estate. and stock is too risky for general public
A financial advisor from Insurance firm will of course, ask you to include an U-life policy, on top of everything above.
A real estate agent will tell you buy a property first and RRSP is second priority.
A stock broker will ask you to give him all your $ so that he can flip things for you, RRSP or not, forget about real estate and life policy.

None of them will necessary give you bad advice, but none of them is objective, IMO.

daimo

原帖由 tripixel 於 2008-2-18 02:45 發表
I look at RRSP this way. If i do not purchase any for the year, then my tax that was taken off each of my pay cheque.. IS G.O.N.E. !!  i will never see it again. Or for some people might even have to  ...

To buy RRSP or not, it has something to do with what your priorities are.  
If you want to maximize your RRSP, then you should consider:

- if you plan to retire in Canada
- if you have any other priorities in your life which requires quite a lot of CASH, for example, starting your own business, buying your house, have some $ to play with investment (or buying $$$ stuff like a LV purse ... but that's personal choice).

It would be nice if we can borrow $ from our RRSP for starting our own business ...