When last we checked in with my RRSP update we had taken a hit as the Canadian dollar tanked. My big excited about being above $10 000 was crushed, and life........well life moved on.
It has gone from $10 196 down to $9 847.
So currently I find it back up again, thank goodness. My current statement has me at $10 976, which puts me up $1129 since last statement. This should accommodate the $1500 I added in...I think
I will not pretend to understand the market. I would need serious training for that :-)
If my past math is correct, I have put in a total of $9200 since I opened it. A small gain over 5 years, but not monumental.
Tuesday, Nice weekend!
1 day ago
1 comment:
I found I couldn't live with the stress of the market going up and down so put my RRSP $$ into GICs instead of mutual funds. One time my mutual funds took a BIG hit so I waited until they reached their former value and then changed them to GICs. One less thing to stress out about. Yeah, the interest rates suck but at least I know my fund is only going up and not down. I'm such a chicken!
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