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Carrick on money: Avoid RRSPs in these five situations

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Avoid RRSPs in these five situations
This article for advisers lays out several situations where contributing to a registered retirement savings plan doesn't make sense.

What to do about bonds
A blogger looks at some advice he gave on bonds a year ago and updates it.

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De-clutter using the 80-20 rule
You're working off the principal that you use 20 per cent of your stuff, 80 per cent of the time.

The miser's tale
A parable about a rich couple that saved but never spent. Guess whether they ever got to enjoy their fortune.

More Money
Join the 46,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More


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