Work your money to last for one year
For many Canadians, the only time they are prompted to think of their investments is during the winter months, primarily in response to RSP deadlines. However, investing regularly and putting your cash to work year round, reaps many more benefits including growth through compounding, improved cash flow management and the efficiency of dollar cost averaging.
So even if you’re at the cottage or out on the boat this summer, the money you contribute to a regular investment plan can be working hard to maximize your RSP investments.
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