Pay Down Your Mortgage or Contribute to RRSPs?

Often debated among financial advisors is whether to pay down your mortgage or contribute to RRSPs. The following article does a decent job at explaining the pros and cons. What it fails to explain is that there are other investments out there that can fetch a better more consistent return than mutual funds or stocks skewing the argument more in favour of RRSPs. Of course what it always boils down is your tolerance of risk.

http://www.theglobeandmail.com/globe-investor/personal-finance/retirement-rrsps/the-rainy-day-debate-contribute-to-your-rrsp-or-pay-off-debt/article7928044/?cmpid=rss1

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