wade: focus on the best performing account for the period at least 10 years. Ex. KIK performed remarkably in pick 4 contests, he picked knocked down small cap stocks with lots of trades, I bought some of his stocks, sometimes worked other times not. It would be interesting to see how his own most best actively managed portfolio has performed. I have four accounts: margin account, RRSP, RESP and TFSA. RRSP, RESP and TFSA are registered accounts, and enjoy tax saving/deferred advantage as long as no/little short term trading. My RRSP, RESP and TFSA with little trades and Canadian small cap focus have accumulated return of -28.8%, 439.31% and 184.72% since Jan 1, 2013, much worse than my actively managed margin account. It is ok, they are small and I spend little time on them. Besides, Canadian stock market did not perform well since Jan 1, 2013 with TSX 74.65% and TSX venture -52.55%.