The Mustachian Forum
Welcome,
Guest
. Please
login
or
register
.
Did you miss your
activation email
?
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News:
Home
Help
Search
Login
Register
The Money Mustache Community
»
Learning, Sharing, and Teaching
»
Investor Alley
»
I have maxed out my TFSA and RRIF
« previous
next »
Print
Pages:
1
Author
Topic: I have maxed out my TFSA and RRIF (Read 1700 times)
BrandonP
Stubble
Posts: 105
I have maxed out my TFSA and RRIF
«
on:
August 02, 2015, 06:59:03 PM »
Now what!
A cash account?
Logged
forummm
Walrus Stache
Posts: 7374
Senior Mustachian
Re: I have maxed out my TFSA and RRIF
«
Reply #1 on:
August 02, 2015, 07:26:15 PM »
Buy low-cost mutual funds or ETFs in a taxable account :)
Logged
nobodyspecial
Handlebar Stache
Posts: 1464
Location: Land above the land of the free
Re: I have maxed out my TFSA and RRIF
«
Reply #2 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
Logged
K-ice
Pencil Stache
Posts: 982
Location: Canada
Re: I have maxed out my TFSA and RRIF
«
Reply #3 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/
Logged
lostamonkey
Bristles
Posts: 450
Location: Canada
Re: I have maxed out my TFSA and RRIF
«
Reply #4 on:
August 06, 2015, 10:39:15 PM »
It's time for a cash/taxable account.
Logged
Print
Pages:
1
« previous
next »
The Money Mustache Community
»
Learning, Sharing, and Teaching
»
Investor Alley
»
I have maxed out my TFSA and RRIF