@MultiCheeseGrater Thanks for taking the time to view our video and we are glad you found the information helpful. Your question is a good one and the answer is No you have not over contributed if a stock inside your RRSP account doubles. It is your contributions into your RRSP account that use up your available contribution room.
Thanks!!! One question say if I invest in a stock and it doubles while inside an rrsp does that count as overinvesting in my rrsp or does overinvesting only happen when I put new capital into the rrsp?
@UltrAO9 Thanks for tuning in. Hopefully you got something out of our presentation.
BumsteadFinancial 6 days ago
r "RRRRRRRRRRRRRRRRRRRRRRRR" s p.
That was really annoying, but thanks for the video!
UltrAO9 1 week ago
@MultiCheeseGrater Thanks for taking the time to view our video and we are glad you found the information helpful. Your question is a good one and the answer is No you have not over contributed if a stock inside your RRSP account doubles. It is your contributions into your RRSP account that use up your available contribution room.
BumsteadFinancial 2 months ago
Thanks!!! One question say if I invest in a stock and it doubles while inside an rrsp does that count as overinvesting in my rrsp or does overinvesting only happen when I put new capital into the rrsp?
MultiCheeseGrater 2 months ago
@slavena10 Thanks For your comments and we are glad you found our video helpful. Please feel free to suggest any topics you would like us to address.
BumsteadFinancial 4 months ago
Great explanation! Thanks.
slavena10 4 months ago