Its really the single biggest gift the gov't gives you and its crazy that more Canadians don't take advantage of RRSP's. Something like 80% of allowable contributions are not used. Crazy considering the prime loans and flexible repayment plans even. I have most of mine in balanced equities in several fund companies and used a healthy chunk a couple of years ago towards the 1st Time Home Owners Plan which is an amazing deal to take advantage of.
BTW, there is another thread just started on mutual funds:
http://www.gofuckyourself.com/showth...hreadid=101234