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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > RRSP vs TFSA for retirement
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Comment by ferret_caon Apr 11, 2021 9:55pm
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Post# 32975449

RE:RE:RE:RE:RE:RE:RRSP vs TFSA for retirement

RE:RE:RE:RE:RE:RE:RRSP vs TFSA for retirementit depends on the individual situation, it's different for someone with a good db pension plan than it is for a person with only cpp and oas,  it you don't have a decent pension you will need a decent rrsp, some people may not even need an rrsp. if you are somewhere in the middle do both, that's what I did when I bought it a coupla years ago ( don't have any at the moment) plus in unregistered account.  I put money in rrsp's basically from year 1 and they grew nicely to the point where I haven't made a contribution in 15-20 yrs and it's still growing nicely. tfsa's are a gold mine and a must no matter your situation. the problem in both is you can't deduct losses so as you age you need a lot less risk, it I buy xbc back it won't be in a registered acct. 
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