Do you guys have any investments outside of the farm?

[Hopperbin]

I prefer to self direct my retirement, I started into RRSP, have the TFSA and will transfer the entire rrsp into the investment account sometime before I retire. Trick is to pay the least amount of tax when you retire. The RRSP is fully taxable. The investment account is taxed as a capital gain so will concentrate on buiding it. Lucked out lately with the Petrobacken stock up 61 percent in less than 2 months. My origional investment is also paying 1 percent per month in Div. Can't say that for every stock is not in the plus, must be willing to spend a little time, currently holding some cash in the account and waiting for the next purchase decision. I like the revenue property also. Best advice is your accountant and make up a retirement plan for yourself, what is going to happen to the farm? Give to kids, sell, what are the tax implications?

[cottonpicken]

There is about six cites in the world residential real-
estate might not continue to crash or crash.

Luckily they are in saskatchewan.

Jim Cramer is the biggest douche bag walking and i
bet he ends up in jail in five years or at the end of a
noose.This man is n the same category
madoff,corzonnie and jim jones.

[grassfarmer]

Daylate I really like Questrade for online trading. They
are low cost but give good service.

[SASKFARMER3]

Property, I won't buy any in Mexico on this trip,
but interesting info. Real estate always does well
if purchased right.

[cottonpicken]

Good think,my understanding is you can't own
property in mexico,just lease it,like an indian
reserve,except in a third world country.

[LEP]

I have an account with Questrade and I would
warn anyone away from them. I absolutely hate
their customer service. I have some Canadian
controlled private corporation stocks in an rrsp or I
would be gone yesterday.

If you look around several banks have discount
brokerage houses that are very competitive.

[stonepicker]

Daylate, i'm with qtrade also, its pretty good, all the
major banks have good online trading accounts also .
i'm in the process of setting one up with CIBC. With
qtrade if you want to buy otc stocks ( over the counter
u.s. penny stocks ) you have to phone the order in,
also some extra fees for trades, it adds up over time. (
qtrade is BC based, different rules in that province )
We're the only modern country in the world that
doesn't have a single national regulatory commission.

[stonepicker]

Cottonpicken, you don't think cramer offers good
investment and strategic advice? I like listening to
him,it's too bad he only talks about US stocks. Always
interested in hearing another opinion though.

[malta]

Have usually had some Canadian stock. Over the years have done the best on solid Can. companies like TD Bank, RBC, Encana, Atco, Potash Corp and almost sadly Bombardier(If govt, cuts off the money that one will tank). On average these companies have returned about triple bank rates.

[rhoff]

Farmgal I invest in the stock market so I don't
have to rely totally on the farm. I also do it
because I enjoy it and I spend a lot of my free
time looking at companies,financials,conference
calls and other analysts. If you aren't as
interested in stocks as iam then you should just
invest in index funds.
Index funds will basically give you the average
return of the index ie(sp 500,dow30,tsx,etc).
However you won't have a management fee so
you will beat 98% of mutual funds on a given
year.

[SASKFARMER3]

Cotton your right it's allot like a reserve and one
day the drug lord wants your home your done!

[Hopperbin]

I have use RBC they helped my dad years back get started and then helped all us kids. We have only ever used RBC and am happy with them. Our trades are 9.95 per trade and have always worked perfectly, so have no reason to look elsewhere. You can also log onto their website and create what is called a practice account with 100 grand of pretend money. Works as if it is real money. My practice account is kicking ass. :-)