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An RRSP in and of itself is not a fund type. Similarly to a 401K it is an account which holds investment positions (e.g. Mutual funds, ETFs, single-stock positi
by floki999 10y ago
An RRSP in and of itself is not a fund type. Similarly to a 401K it is an account which holds investment positions (e.g. Mutual funds, ETFs, single-stock positions).
As for 'growth hacking', that's really not a mindset I would recommend for any investment strategy. First, think of the asset class (real-estate), the investment strategy and the securities/investment products involved: can you scale them up and be as profitable? If you can demonstrate that you can, then growing the AuM shouldn't be too hard. 'Growth hacking' sounds like smoke and mirrors - I wouldn't recommend that terminology with investors.
- caruana 10y agoAgreed, that growth hacking was the wrong terminology, I think I was being to aggressive with the description. Yes, an RRSP is not a fund and like you said, a vehicle to hold an investment position. I was not trying to insinuate that an RRSP was a fund and I will edit my previous comment.