• RRSPs for someone who has a pension plan is NOT a good idea; these people should invest in a TFSA to the maximum possible AND use an independent advisor NOT a bank advisor. They should NOT invest all this money in ETFs, which only mimic the various indices and NEVER beat the index , because of their fees, even as small as they can be ; some of their investments should be in actively managed mutual funds which sometimes DO BEAT the index but sometimes do not; this way they play both sides of the coin and can achieve better overall results over time than if all of their investments were in ETFs

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