BASIC TRAINING
Fit Tip # 1:  The Power of Compounding

Time and a regular investment program are the most important factors in a successful investment program. RRSP especially benefit from compounding because the growth is tax free, until removed from RRSPs.

Those of us nearing retirement who did not start our retirement savings programs soon enough can not benefit as much from the power of compounding as younger people. The fact that I started late and will soon be retirement age, caused me to develop several strategies to compensate for the lack of time. Continue on through the FIT Tips to learn strategies to accelerate your net worth.

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