Here are some more:
Page 145 This is funny -- it says “after you maximize your RRSP and RRIF contributions.” But of course, you CAN’T contribute to a RRIF: it’s illegal.
Page 241 and 296. Page 241 says “for most people, mutual funds are the best way to invest in securities.” Then on page 296, it says “more than 75% of mutual fund can’t match the performance of their benchmark index.” Maybe they should take a stand one way or the other!
PAGE 313 says “At no later than age 70 you must roll your RRSPs over into a RRIF.” This is false — there is no “Must” about it; 2 other options are to cash out and pay tax; and annuitize
Page 145 This is funny -- it says “after you maximize your RRSP and RRIF contributions.” But of course, you CAN’T contribute to a RRIF: it’s illegal.
Page 241 and 296. Page 241 says “for most people, mutual funds are the best way to invest in securities.” Then on page 296, it says “more than 75% of mutual fund can’t match the performance of their benchmark index.” Maybe they should take a stand one way or the other!
PAGE 313 says “At no later than age 70 you must roll your RRSPs over into a RRIF.” This is false — there is no “Must” about it; 2 other options are to cash out and pay tax; and annuitize