Wednesday, March 30, 2011

Key Questions to Ask Before Investing - AOL's WalletPop Canada

Now that the RRSP season has passed, you may be patting yourself on the back for getting your contribution in on time. And that's a great start. But if you're like many Canadians, you don't want to have those funds sitting in a holding account earning next to nothing.

During the RRSP rush, many bankers and advisors have you plunk your contribution into a savings type account as it`s not the time to rush through a risk-return analysis. The idea is that you`ll both meet in the coming months to properly allocate the funds. You might also have a tidy tax refund awaiting you to add to your savings. But before investing your hard earned dollars, consider the following questions to ask the professionals you deal with before investing:

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