Thursday, September 17, 2020

Interesting Questions For Basic and Expert Investors

Some quartins thtlat will make you stop and think 

RRSP: what if tax rates are higher when you are retired and plan to be withdrawing proceeds then from you nest egg RRSP? Could happen with each day a Liberal government is at the helm.
Bonds: for the "safety" of bonds (a whopping 0.5% now), yes interest income is taxed at the highest rate. Are you sleeping at night now? 
Dividends: no tax on the first $48,000 of dividend income (in Ontario). 

And others....

https://financialpost.com/investing/investing-pro/ditch-your-rrsp-and-four-other-unorthodox-ideas-that-could-make-you-money

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