It's not surprising that investors are clinging to GICs and low-return bonds this RRSP season. But experts say it's time they conquer their fears and dive into equities
When financial markets are in turmoil and the economy is on the ropes, the thought of buying individual stocks strikes terror into the hearts of many investors, especially those planning for retirement.
RRSPs aren't just about having the money needed to enjoy your golden years. They're also about making sure there's a rainy day fund available to weather life's unexpected storms.
Advisers can't always keep investors in the black, but good communication skills can go a long way when markets plunge.
Nobody said investing for the golden years is easy. Here are eight RRSP pitfalls to avoid.
The way to go is energy and commodities that will supply the world's emerging markets. And don't forget financials.
Putting excess funds into a spouse's retirement plan can reduce taxes for retirees of all ages.
If you can get over the bond market's confusing nature, a haven from the rough equity seas is yours.
› RRSPs - February 25