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Growth-oriented investing and income-oriented investing

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1. What are the 2 different types of company (work) pension plans in Canada? Using an example for each, briefly describe the difference between the two.

2. Generally speaking, what is the difference between "growth-oriented" investing and "income-oriented" investing?

3. Briefly explain what a stock dividend is, and how they work using a simple example. Using another example, show how a 20% dividend increase would work.

4. In its most basic format, what is an annuity?

5. A "blended mortgage payment" is comprised of 2 elements; what are they? AND: what are the two "sure fire" ways to pay off your mortgage FAST?

6. TFSA or RRSP: Which do you plan to use to save for retirement and why?

Reference no: EM133091977

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