The Ultimate Wealth Builder

Book - 2014
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"This comprehensive guide by bestselling financial author Gordon Pape proves the secrets to building a winning RRSP--everything from setting up the right kind of plan at the outset to proven strategies that will enable you to grow your RRSP over time to a value of several hundred thousand dollars. And all the while you'll be collecting sizabel tax refunds for every contribution you make."--
Publisher: Toronto :, Portfolio Penguin,, 2014
ISBN: 9780143189213
Characteristics: 278 pages ; 21 cm


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Apr 13, 2017

RRSPs have a long sordid history of thrilling, disappointing, aggravating, and, every so often, pleasing Canadians. They are full of rules and ultimately these rules need to be played to your advantage lest you be caught out in the rain without an umbrella. So I thought it very important to read about everything the renowned Canadian personal finance expert Gordon Pape had to say on the subject. I learned some tips and tricks, as well as how to avoid or at least mitigate some major problems with RRSPs that can sometimes leave the retired elderly in tricky situations. The advice is golden here for your golden years, so if you plan on saving for retirement (and you should be), I recommend picking up a copy.

May 27, 2015

The RRSP has been around for decades, and much like an old aunt who was cool when you were younger, they've now fallen out of favor, overshadowed by the flashy new TFSA as a retirement savings vehicle for many. However, there is still some life in the old gal, and this light read by Gordon Pape provides a general overview of RRSP strengths and weaknesses as well as strategies for maximizing returns.

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