Quote:
Originally Posted by Slava
Quite a few companies offer High Interest Accounts that will pay you about 3% or more. There is virtually no risk there, but you get three times the rate.
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Excellent point, but you cannot fill those accounts with registered dollars.
I have bought bonds and money market funds with registered dollars to balance out the risk in my "registered portfolio" - which honestly, is not my primary focus at all.
If I could get a guaranteed 3% after fees with that money, I would gladly take it and forget that it ever existed.
Honestly, I wish there was a way that I could set up a company that sells RRSP eligible shares and then buys land with the funds.