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Learning, Sharing, and Teaching => Investor Alley => Topic started by: BrandonP on August 02, 2015, 06:59:03 PM

Title: I have maxed out my TFSA and RRIF
Post by: BrandonP on August 02, 2015, 06:59:03 PM
Now what!

A cash account?
Title: Re: I have maxed out my TFSA and RRIF
Post by: forummm on August 02, 2015, 07:26:15 PM
Buy low-cost mutual funds or ETFs in a taxable account :)
Title: Re: I have maxed out my TFSA and RRIF
Post by: nobodyspecial on August 03, 2015, 05:37:43 PM
Remember you can buy canadian $ versions of almost all Vanguard ETFs, capital gains from stock are taxed less than interest
Title: Re: I have maxed out my TFSA and RRIF
Post by: K-ice on August 03, 2015, 05:58:19 PM


Oh no, MMM problems ;)

I would say just keep going!!

But once those are maxed out pay attention to asset location.

Canadian dividends are one of the best things to keep in non-registered accounts.
But these articles explain it better than me.


http://www.moneysense.ca/taxes/making-smarter-asset-location-decisions

http://canadiancouchpotato.com/2010/03/05/put-your-assets-in-their-place/




Title: Re: I have maxed out my TFSA and RRIF
Post by: lostamonkey on August 06, 2015, 10:39:15 PM
It's time for a cash/taxable account.