Give yourself a raise!

Many Canadians are pleased to receive a tax refund each spring, but what if you had that money to spend each month when you really needed it and were able to contribute more to your annual RRSP contribution at the same time? The concept of Dollar Cost Averaging has been around for many years. Essentially, investors who practice this investment strategy make fixed dollar investments on a regular basis. If used for regular monthly RRSP investments, this strategy can translate into potentially better returns, increased ability to save and a boost in take-home pay.

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Feel free to contact me or visit my website for more information.

Douglas J. Bodtcher                               
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

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This entry was posted on Wednesday, October 23rd, 2013 at 2:11 pm and is filed under Investing, RRSP, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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