In this video I applied a game theory approach to solve the question of investing into an RRSP or TFSA. The mathematical solution of this problem suggests that investing into RRSP is only feasible if your current income is higher and you expect lower income during retirement. In all other scenarios such as high income now and high income in retirement and low income now and low income after retirement or low income now and high income later contribution to TFSA is a better strategy.
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For more investment videos please watch
How to Invest
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