REIT question about investing.

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Hi guys,

Total newbie to investing. I have a question. I have to put 30k in rrsp this year due to my accountant bungling my taxes for last couple of years. I was thinking of investing in REIT with Centurion. They offer RRSP with a 150 dollar fee for it. I have 10k in rrsp with RBC that I am moving to tangerine as I am following lazy couch potatoes advice. I was getting about 3 percent return from RBC. I have used my RRSP in the past 15k for downpayment so i will put some funds towards that. I also have about 6000 from RRSP at work that is being matched by employer. Perhaps I can use part of this to start payback?

So is it worth investing in REIt? Stick to couch potato? With a baby in hand I am not sure what to do any advice would help. Please help

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systemdude12

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Posted: 5 years ago
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