Growing your RRSP tax-sheltered
Any income and growth you earn on your investments is not taxed as long as it all stays in your RRSP. There are a number of qualified investments you can hold in your RRSP account including, cash, stocks, mutual funds, ETFs, bonds, GICs, gold and silver, and more.
If you like selecting your own stocks, ETFs, mutual funds, etc., a self-directed RRSP account might be right for you.
If you would rather invest with the help of a professional, a professionally-managed RRSP account is a low-cost way to diversify your portfolio and take advantage of tax-deferred growth.
Tip: Whichever way you invest your RRSP, it’s important to keep your fees low. For every dollar you save in fees, your returns compound to provide a significant increase in your retirement savings.