Disagree with most points here. Simple example is if someone earns $50k, 10% saved is $5k. $5k x 30years is $150,000; 15% wouldn't be that much more. Assuming 3% net return (after inflation), it's only $240k. Fine you could argue reinvest the tax refund. But the millionaire concept?? RRSP doesn't provide more room than TFSA!!! It depends on income!!! And RESP guarantees 20% in grants - can an RRSP do that? NO, again, it depends on income. And how about mention of the HBP (home buyers plan)?
Disagree with most points here. Simple example is if someone earns $50k, 10% saved is $5k. $5k x 30years is $150,000; 15% wouldn't be that much more. Assuming 3% net return (after inflation), it's only $240k. Fine you could argue reinvest the tax refund. But the millionaire concept?? RRSP doesn't provide more room than TFSA!!! It depends on income!!! And RESP guarantees 20% in grants - can an RRSP do that? NO, again, it depends on income. And how about mention of the HBP (home buyers plan)?
naheedg 3 weeks ago
such a cool information shred..and tips..thanks for the uploads..!!
MsEFinancialChoices 1 month ago
typical bad "common sense" investing advice...probly plans to get rich by 30 with selling her investing books
playranges123 7 months ago
@playranges123 agreed...it's not clear how she's built up her wealth, good for her either way.
naheedg 3 weeks ago
i wonder how old she is
partyhouse88 1 year ago
@partyhouse88 i believe she is 28/29
naheedg 3 weeks ago