This year I finally decided to get my ass into gear and start investing in my RRSPs! I've been out of uni for a good 2 years now and felt at first I needed to establish myself and a savings account before considering locking some money away for good so I hadn't put any money into my RRSPs prior to this year.
After having to pay the man back last year, I decided it was time to open up an RRSP and start putting some money away! I had lots of contribution room and I put in 27% of this years salary in my RRSP and I still have more room to spare! My money went into some indexes because I still don't know much about investing.
I have another 'fun' investing in stocks account where I do what I want and invest in stocks I like or think will do well. This type of carelessness has no place in my RRSP. My RRSP is for sitting there and growing w/out me looking at it.
With lots of contribution left, I am hoping to dump another significant amount of money into it for 2010. The downside is, my savings account is close nilch for the time being.
After having to pay the man back last year, I decided it was time to open up an RRSP and start putting some money away! I had lots of contribution room and I put in 27% of this years salary in my RRSP and I still have more room to spare! My money went into some indexes because I still don't know much about investing.
I have another 'fun' investing in stocks account where I do what I want and invest in stocks I like or think will do well. This type of carelessness has no place in my RRSP. My RRSP is for sitting there and growing w/out me looking at it.
With lots of contribution left, I am hoping to dump another significant amount of money into it for 2010. The downside is, my savings account is close nilch for the time being.
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