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) -- Ignore unavailable to you. Want to Upgrade?

To: Chris Stovin who wrote (2015)2/12/1999 10:40:00 PM
From: Martin Goldenberg  Respond to of 14638
 
My broker recently requested thatI adjust my foreign RRSP content. I had to transfer money out of my foreign content so as to reduce it to 20% of my overall RRSP portfolio. My non-canadian investment outperformed my canadian investment.

I believe this adjustment is due prior to the end of January of each year.

So now that you have $1M you can contribute up to 20% or $200K outside Canada. All the best.

Martin



To: Chris Stovin who wrote (2015)2/13/1999 12:01:00 AM
From: ken ha  Read Replies (1) | Respond to of 14638
 
Chris:
You should able to get this information from your broker.
The foreign content is the 20% of your BOOK VALUE, not the MARKET VALUE. The book value changes every time when you trade a stock. So it is hard to say what is your book value if you trade often. However the monthly statement should indicate an amount of your book value.

Best regards


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