RRSP Quick Tip #2 Business Owners:No To Mutual Funds

Tuesday, April 10, 2018

BUSINESS OWNERS: RRSP Quick Tip #2 :If you have confirmed that an RRSP contribution is beneficial for you then read on. If you you're thinking about buying a mutual fund for your RRSP don't! The average fees (hidden of course) are about 2.5%. Buy an ETF with fees of about 0.10% (not a typo!). ETFs are very similar to mutual funds except for the outrageous fees that mutual funds charge.

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