Short Takes: Tax Glitch when RRSP passes to Spouse and more

The Blunt Bean Counter discusses the unintended consequences when an RRSP/RRIF passes to a spouse but the spouse doesn’t put the proceeds into an RRSP/RRIF. The result could take inheritance money away from others named in the will.

Retire Happy Blog makes a lot of sense in a controlled rant about the harsh realities of investing. There is no magic way to invest money safely to get a high return. One minor point I would disagree with the idea that investors got safe high returns back in 1981. People should focus on after-inflation returns. GICs may have been better in 1981 than they are now, but not by as much as it appears after you account for inflation.

 Big Cajun Man has some house-hunting tips.

My Own Advisor was surprised at how expensive it is now to go to a movie. My best suggestion is to cut your costs in half by eating before you go to the movie.

Comments

  1. Big Cajun ManNovember 30, 2012 at 5:45 AM

    Thanks for including me this week, although I am disappointed there is no mention of Mrs. C8j's new rack either. Have a great start to Advent!

    ReplyDelete
  2. The Blunt Bean CounterNovember 30, 2012 at 7:49 AM

    Michael, thx for mention. Great post on TFSA and RRSP, although I still get caught up on easy access issue with TFSA

    ReplyDelete
  3. My Own AdvisorDecember 3, 2012 at 7:59 AM

    Or, just not visit the movies at all :)

    Thanks for the mention.

    Mark

    ReplyDelete

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