shutterbug

I use TD's mutual funds.  I like them because I can do everything online and take control.

Some of their funds are pretty good.  If you want the very best, then you should search around independant managers.  Big banks are safer imo, very very large capital.

shutterbug

Why put your money in GIC or whatever when the interest rate is only 4% or less???

There are many funds with better performance and they're quite safe if you're looking at a longer term.  It's not hard to do 10% each year!

Right now, look for funds with large amount of bank content, their price is beaten down right now by the subprime worry but in a 3 yrs they will do just fine with good profit.  Very safe too!

shutterbug

Open an RRSP account and you can buy funds, GIC or stocks.

I'm not sure what liability is being talked about here.  Tax liability?

Well, it's still a good idea even if you get taxed later because money can be accumulated tax-free in the account plus you get tax credit for buying.  However, make sure you don't make that much in the year which you'll withdraw.

[ 本帖最後由 shutterbug 於 2008-2-12 08:33 編輯 ]