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Forced savings like done in Quebec, Canada is likely the best model for most people even though I dont like it as an individual that knows how to manage its por
by Sytten 7mo ago
Forced savings like done in Quebec, Canada is likely the best model for most people even though I dont like it as an individual that knows how to manage its portfolio. It also has the benefit of creating a sovereign wealth fund that can invest locally and be an economic driver but independent from the government.
- nick__m 7mo agoI actually like the forced saving of Québec. I also have a defined benefit pension plan, a TFSA and RRSP but I am happy to be forced to contribute the RRQ for the general welfare of the province even though I know how manage my portfolio. Considering that they also have to consider economic development in their investment decisions, the RRQ funds are well managed by the CDPQ.