More binary options fun and profit a guide for speculators
If you transfer proceeds from your RRIF directly to an annuity issuer, you may be able to receive a deduction on the excess amount of your RRIF withdrawal, that is, the amount above the minimum for that year. Learn more from the Canada Revenue Agency, and speak to a registered financial advisor or tax professional to understand whether this would apply to you. Investors diversify their portfolios because not all types of investments perform well at the same time, and different types of investments are affected differently by world events and changes in economic factors such as interest rates, exchange rates and inflation rates.
The key to diversification is to not put everyone in one investment.