• Last Updated:
  • Jul 14th, 2018 10:55 am
Jul 12, 2018
1 posts

Advice for a newbie

Hey there guys

I'm looking for a little advice here. I have 20k in a tfsa at Simplii earning the minimal interest (1.1?) Another 20k in a savings account earning the same interest. I also have 5k in a Great West Life RRSP that I need to move (their fees are far too high, I have left the company I was with that had their RRSP through GWL). So my question is what should I do? I know I need to keep around 20k available as I have an older car and will need a new one in the next year (maybe two years). The 5k has to go into a different RRSP (recommendations? - thinking tangerine). But that leaves 20k. What do you all think?
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