Investing in an _____ may be better for higher-income Canadians whose marginal tax rate at retirement will be lower than in their working years. | | Horizon |
The ad says "get 10,000 Aeroplan miles when you open this account? | | RRSP |
_______ is an investment strategy that purposely staggers the maturity dates of fixed term investments within a portfolio to help reduce reinvestment risk. | | 32% |
Your investment time ______is the length of time until you need to sell your investment. | | Laddering |
A great way to save for post-secondary education for your child and achieve income-splitting. | | eAdvantage Savings Account |
____is the average age of RRSP contributors | | TFSA |
Net income from self employment is an example of? | | Unlimited chequing account |
A __________ can hold almost any type of security. | | Mutual Fund |
_____of Canadians are counting on winning the lottery to pay for retirement. | | RRSP Carry Forward |
CIBC is offering a time-limited bonus interest offer on new balances deposited into new or existing for this product? | | 45 years of age |
Investing in a _____ may be preferable for lower-income Canadians whose marginal tax rate at retirement is expected to be higher than their marginal tax rate while they are working. | | RESP |
Can carry forward unused contribution room indefinitely (to age limit) | | 87% |
_____of Canadians who opened a TFSA used it for an emergency fund or a short-term investment or a savings account. | | Earned Income |