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What are the advantages of adding gold or silver to an RRSP?



Our response:

While we try to answer as many questions as we can, we are not able to provide investment advice. With that in mind, there is no portfolio strategy or asset allocation that is right for everyone. Investments that are right for you may not be right for another investor, and vice versa. A registered financial advisor can help you determine the investments that are right for you based on your risk tolerance, financial goals and personal circumstances. Here are some general questions to ask when you are considering an investment.

As you consider your options, be aware of what constitutes a qualified investment in gold or silver in a registered plan such as an RRSP. The Canada Revenue Agency (CRA) has information on what constitutes a qualified investment.

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