到任何一间银行的DISCOUNT TRADING 开个帐户，就可以买卖股票，基金和债券。
基金其实也是变向的投入在股票，如果你们自己有能力和时间研究股票，可以
自己买股票。向你们懂技术，可以考虑高科技公司，花点时间做点研究而已。

本文发表在 rolia.net 枫下论坛I started to contribute to company RRSP plan this March. Up till now I have been parking the money in a Bond fund. My expectation 8 months ago is stock market is in a downward spiral as we are at an early stage of a recession. Bond will go up as the central bank cuts the interest rates to boost the economy. ( You need a finance 101 course to understand the relationship between bond prices and interest rate). Uptill now the bond funds have been outperforming the stock funds. I didn't consider the money market funds (which invest in treasury bills), as the return is too low. Now the rate is already very low, I will probably look at some balanced funds(which hold equities, bonds and treasury bills). But I am not in a hurry to change my asset mix.

As you see I am trying to time the market, (guessing whether bonds will outform equity or vice versa). Most financial advisors will say this is against the diversification principle for long term investment, and they are right. Historically experts have been on the wrong side as much as the right side when they try to time the market. But I still did it because a little betting is fun, so long I am not taking too big a risk.

Asset allocation is the single most important factor (90%) in investment performance. You might want to compare the management fees of the funds before you buy it, as the fund manager are not contributing too much on the fund performance anyway. to me 1% difference is a lot.

Historical performance is often misleading. A star fund last year might be the dog this year. The reason is simple, it WAS the star because its holdings were overbought last year. So don't just look at the best performing funds of last year.

I have more questions than answers myself. Let's continue the discussion.更多精彩文章及讨论，请光临枫下论坛 rolia.net

本文发表在 rolia.net 枫下论坛Go to Revenue Canada site for tax info:
http://www.ccra-adrc.gc.ca/menu-e.html
On the home page menu, there is "Registered plan" which is for RRSP.

One way to maximize foreign content is to buy mutual funds which are allowed to hold foreign assets but are not counted as foreigh content themselves. For example, you invest 10% of your portfolio in US stocks and 90% in a Canadian fund that holds 10% US assets but not classified foreign content. From the tax perspective, you foreigh content is 10%. From a Port. return perspective, it's 10%+90%*10%=19%. See details of each fund to see if they qualify for domestic content.

By the way, I think the rush for foreigh content in Canadian investor in the past 2 years are largely fueled by the US dot.com craze. I am not sure if it is stll a strategy worthwhile to pursue. there is admin costs involved if you really "maximize" it - the burden is on you to constantly monitor the foreign content as the market fluctuates to ensure you are not over the limit - unless you have your broker to manage it for you, usually for a fee.更多精彩文章及讨论，请光临枫下论坛 rolia.net