RE: rsp'sHello Kayto,
If this young lad is interested in doubling his holding in a short amount of time, ask him to borrow another $5K on top of his $5K and buy $10K rrsp, then use the tax refund to pay off most of the loan if not all.
He can then invest the first 5k in cdo and the other in a more stable fund???
Everybody wins