RRSP's - Page 1

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Red Sable

by Red Sable on 07 March 2011 - 01:03

Registered Retirement Savings Plans.  I assume most countries have these in place, and if they are anything like Canada they are pushing them very strongly.

Does anyone besides me, think that with the way our countries all seem to be over spending and digging a huge hole of debt, our money will NOT be there for us when we need it in 20-40 years? 

Is it a good idea to be sticking our money in accounts for the gov't to use now instead of paying off our debts?


by poseidon on 07 March 2011 - 04:03

Depends on which grow faster.......savings or debts :(

Red Sable

by Red Sable on 07 March 2011 - 19:03

LOL, well hopefully savings, I'd like my debt to decrease.  If everyones did than our countries would be in much better shape.


Still, I'm keeping my money close.  I need something to invest it in that will always hold it's value. Food would be great, but unfortunately it is perishable!


by Ninja181 on 07 March 2011 - 19:03

Buy silver or gold.


by Turk on 07 March 2011 - 23:03

It's never a good idea to give the Gov't money.  This is what happens....


Red is not good.  The USA spends $3.5 Trillion dollars a year and there's still not enough money to operate. 

Spend all the money you have.  The grand ponzi scheme is coming to an end. 

YouTube - Marc Faber.



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