[kn]

I have a small RRSP financed by my company. It's a fairly balanced fund between growth and income. Beyond that, I don't have an RRSP mainly due to bad experiences with both my parents who got killed on withdrawal (admittedly, their planning wasn't the greatest). A more logical reason, is that I can't be entirely sure that I'll be in a lower income bracket. If my parents are an indication, I'll likely have benefits clawed back.

That being said, I'm going to pay a ridiculous amount of tax this year thanks to capital gains, interest, and stock options benefit. As such, I'm considering starting a self-directed RRSP.

Since I'm debt-averse and not willing to finance an RRSP through a loan, I do not have the disposable income to buy both my allotment of stock options each year AND make the maximum RRSP contribution.

So I was wondering if it was a stupid idea to finance a maximum RRSP contribution by selling stock options? Since I started working, the stock has gone up $9. While the company has been around a long time, is stable, and not going anywhere, I hate the idea of putting all my eggs in one basket.

Thanks for any insight.