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Legal Notice Receiver think the first (and best) thing you need to invest in is a small selection (3-5) of dividend reinvestment plans (DRIPs). But I'll qualify that a bit: for anybody who is statutory agent lucky enough to have an RRSP or 401K where your employer matches your contributions, then by all means, max that out first. That's free money, as an edge. You might also just have an RRSP or 401K of your personal without these extra monetary gifts. And if your earnings are high enough to gain from any reductions that contributions to an RRSP/401K might bring, then definitely max that out too.
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