0
Changing my RRSP contributions
Posted on January 5, 2009 in investing, retirement
I just upped my RRSP contributions from $100/bi-weekly to $150/bi-weekly. It’s not a big difference, but every bit counts.
Also, I’ve decided to leave the existing money in my RRSPs in the accounts that they’re in. Since I have over $20k right now – most of it is in fixed income funds – that money I will use towards the First Time Home Buyer’s Plan when I eventually decide to buy a property. All new monies will be allocated evenly into International, USA, and Canadian funds through TD.
I think this is the best compromise for me, between needing stability in the short-term and looking for growth long-term.
Leave a Reply
As seen in…
Recent Comments
- Ashley on Why I chose to live in a 215 sq. ft. apartment
- Kendra L on Why I chose to live in a 215 sq. ft. apartment
- Andrew on Contest: File your taxes for free online with H&R Block
- Mayda on Contest: File your taxes for free online with H&R Block
- Nancy on Contest: File your taxes for free online with H&R Block
Categories
- annual goals (23)
- banking (26)
- blog (190)
- budget (96)
- car (41)
- contest (26)
- credit card (19)
- credit score (10)
- debt (27)
- design business (37)
- down payment (28)
- education (14)
- EI (16)
- emergency fund (18)
- entertainment (194)
- fitness (165)
- guest post (19)
- health care (56)
- housing (56)
- investing (43)
- job (297)
- making money (55)
- miscellaneous (306)
- monthly challenge (52)
- monthly goals (112)
- motivation (34)
- property (43)
- recipes and food (27)
- relationship (117)
- retirement (30)
- saving money (174)
- scooter (24)
- spending (446)
- sponsored post (9)
- tax refund (22)
- travel (300)
- vlog (2)
- weekly spending recap (78)