Quote:
Originally Posted by fotze
fixed 
I am just cynical because I think in 13 years of investing in RRSPs I could have made more money investing in lottery tickets. |
What can I say? We're in a 10-year period where the market has basically gone nowhere.
Tell you what: Avoid equities for the next 10 years and buy lottery tickets or GICs and report back to us in 10 years how that went for you, okay?
For those who have said that it's not just young people who make poor decisions and therefore are in bad financial shape, that's true. It's folks of all ages.
Reminds me of the cartoon I saw many years ago. There were two guys sitting at a desk. One was a financial planner and the other was a client or prospective client. The client says to the planner: "I retire next week. Here's your chance to make yourself a legend.)