SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nortel Networks (NT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Fine who wrote (2014)2/12/1999 10:24:00 PM
From: Chris Stovin  Read Replies (2) of 14638
 
I hope you don't mind if I ask an RRSP question here....to all of the financial managers out there

My question is on the foreign content rule....I am allowed to hold 20% of my RRSP in foreign securities...does the 20% refer to my current balance in my RRSP..or does it refer to my original investment?

For Example: If my cash contribution over 10 years amounts to lets say $100,000 and investment income adds another $100,000 then does my allowable foreign content equal $20,000 or $40,000

If my cash contribution over 10 years amounts to $100,000 but as a result of my great trading ability in Nortel..haha...my portfolio is worth 1 million dollars...Can my foreign content now equal $200,000 or does it remain 20% of my original investment...($20,000)

Thanks in advance for your help

Chris

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News