Quote:
Originally Posted by 1stLand
Not sure why this thread turned into a discussion about investments. The thread title states "Canadian's naive about how long they'll be in debt", not "Canadians looking for better investment options"
Most Canadians don't have any savings at all, so not sure why investment guru's are chiming in and advising whether its better to make investments above paying off one's mortgage.
RRSP's and Investments are overrated. Effective in reducing your tax liability, but useless if used solely as your retirement strategy.
Pay off your mortgage first!
Quit buying Shi* you dont need!
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I was just answering a question that was posed in the thread. Not sure why a thread that was started months ago is a big deal if it gets derailed now though.