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Tuesday, December 11, 2007

Dreaming of retirement: Sticking to the plan

It’s so funny that at 27, the only thing I have in mind is to retire early. Some people could eventually not understand, but knowing what I pass through at different work places, I am still lucky to be mentally healthy lol. It will be the second year that I invest massively in my RRSP. I have the money waiting in bank. I now just have to pick the funds that will make me a rich old miss. Because in my mind, it’s all what it is about, it’s about picking the best investment, crossing fingers and just hope it will turn for the best, knowing I can wait for 20 years in order to retire.

Since I am currently working and its look like I might still have that job for the upcoming days… I begin my search for the best investments for my RRSP. I have a 5 500$ to invest, but I might just invest 5 000$. I plan to invest the major part in mutual funds. I get through the analysts pick of the MorningStar and I had pick the following so far:

RBC O'Shaughnessy US Value
TD Dividend Income – I
TD Entertainment & Comm – I
TD Monthly Income – I

And it’s about it for now. It’s look like I will mostly invest in TD mutual funds. From the experience I got in the past, I might no be able to invest in the mutual funds that I want. So I am looking at other alternatives in case I cannot get what I want, as usual.

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