Quote:
Originally Posted by bizaro86
There's also the piece where you have to reinvest your tax refund to make them comparable. I think a lot of tax refund money from RRSPs gets spent on new TVs and vacations.
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This is the tricky part, but they can be pretty effective IMO.
Assuming a high income bracket. 10,000 becomes a 3.5k refund, which becomes a 1k refund, which becomes $300 refund, which becomes a $100 refund. Meanwhile, you are collecting growth on all the deposits.