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

How Does Investing Work Best When High Portfolio Returns are the Goal?

How Does Investing Work Best When High Portfolio Returns are the Goal?

How does investing work best? When you have an understanding of these key investment principles and strategies
How does investing work best for long-term gains? Smart investors balance aggressive and conservative investments in their portfolio with their investment objectives, and the market outlook. Above all, they… Read More