Q: Pat, I am thinking of employing the “RRSP meltdown strategy.” In my case, though, I’m thinking of using your newsletters to choose the stocks I purchase with borrowed funds (rather than losing fees to a broker/advisor). What are your thoughts regarding this approach to an RPSP meltdown?

A: There are times when you may want to withdraw money from an RRSP. This has spawned one strategy, the RRSP meltdown, that can bring you more risk than reward.

Here’s how the RRSP meltdown works:

When you take money out of your RRSP, you have to… Read More

Dividend Investing vs Value Investing

Dividend Investing vs Value Investing

In choosing dividend investing vs value investing, it’s important to recognize that both can lead to favourable returns
To decide between dividend investing vs value investing, investors must first distinguish between the two. The best dividend stocks respond to tough economic times by doing their best to maintain,… Read More

Finding the Best Canadian Dividend Stocks to Buy and Hold

Finding the Best Canadian Dividend Stocks to Buy and Hold

The best Canadian dividend stocks to buy and hold will share a number of characteristics. Here’s what they are:
A track record of dividend payments is a strong sign of reliability and a good indication that you may be investing in the best long-term dividend stocks.

The… Read More