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Why do some people say it's pointless to have just cash in a RRSP?

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  • Why do some people say it's pointless to have just cash in a RRSP?


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Answer #1 | 17/12 2013 14:38
Since interest rates are below 1% your cash is just sitting there doing nothing. Bad business.It needs to be invested in stocks,bonds,mutual funds,debentures etc, and growing the fund. It's really a no brainer.

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