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RRSP, RRIF AND RESP ARTICLES

Investing a year-round affair, not just at RRSP, Tax time.

Author: News Canada

(NC)—'Twas that income taxing time of year again and with came, and thankfully went, a heightened sensitivity among Canadians to all things finance—namely RRSPs and taxes. But, for an increasing number of Canadian investors, many of whom are on-line, managing their overall finances is a year-long project.

Savvy investors—research shows that there are more and more of them going on-line each year—are using financial web sites that offer breaking news and analysis, information, charts and tracking devices. According to Internet traffic measurement firm, comScore Mediametrix, more than 63% of on-line Canadians visited a business or financial web site in December 2002. Financial websites are among those most popular on-line destinations. And in a survey of high-income professionals conducted by Nationwide Financial, 35 per cent of respondents said they used the internet for financial planning assistance.

Users are turning to sites Sympatico.ca's personal finance section to help them manage their finances and investments and make informed decisions all year long. Moreover, actively engaged investors are doing so, not just from work or from home, their managing they're finances on-line while travelling on business, travelling with friends and family and while up at the cottage

There's a clear need for meaningful and credible financial content on-line. Many Canadian investors cite saving for retirement as their primary motivation for investing, yet many of us might find investing complicated and might not feel that we know enough to be an effective investor. The Internet is a very popular research tool for Canadians looking to educate themselves on managing their finances.

There's no shortage of financial content on the web, but the trick for many is to cut through the on-line clutter in search of relevant information. For other users such as those visiting Sympatico.ca, it's all about education and utility with tools, RRSP tax saving calculators, filters, comparisons, tips, frequently asked questions, and advice from leading financial experts and columnists being among the most well sought after items on the Internet portal. Collectively, tools and features like these are proving powerful allies for investors.

For more, visit www.sympatico.ca.

- News Canada

   

 

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