Your investing questions, our clear answers.

Our response:

All investments carry varying degrees of investment risk including those held within an RRSP. The value of an investment may go up or down depending on market conditions. While all investments carry risk, GICs and bank deposits for example, are considered lower risk compared to bonds or stocks. Understanding the relationship between risk and return and methods that may help to reduce overall investment risk such as, diversification are important to consider as you move forward.

Visit GetSmarterAboutMoney.ca to learn about RRSPs and how risk can affect your investment returns. Speak with a registered financial representative for advice that fits your personal situation.