[rich80]

Need some advice. If you have roughly 80-90K available for investing, what would you do right now? Real estate, stocks, etc?

I have never ever done any kind of investing so I would like to hear what people would do. I am trying to increase my knowledge base on what type of options exist. Thanks

[sexyaccord]

what is your risk tolerance?

[Autorice]

mortgage investment certificates. get around 8% and quite safe.

[rich80]

what is your risk tolerance?

I would probably say low but I am open to hearing what might be available

[blkgsr]

mortgage investment certificates. get around 8% and quite safe.

is that yearly?

[Autorice]

8% per year. they take your money and give mortgages to more at risk customers but never over extend their 'risk' by more 65-85%. meaning if the customer doesn't have much declared income, they need to put a large downpayment and use the real estate as collateral. ie the company will own the place if the person defaults.

the major risk is if the economy tanks and vancouver repeats american real estate crash.

[Bahhbeehhaaaa]

You know Warren BUffett?

Buffett's best tip for personal finance - YouTube

[Slifer]

mortgage investment certificates. get around 8% and quite safe.

More info on this? Who do you invest with?

[Autorice]

pm'ed you. you can put up to $20,000 of it in TFSA. you can put RRSP's as well but subject to early tax penalties if you cash it in early like any RRSP. if you let it sit, it will continue to grow.

8% per annum, compounded quarterly.

[BigTrollFace]

Autorice pm as well

[F30]

1. Don't rush it.
2. Educate yourself:

The Intelligent Investor: The Definitive Book on Value Investing: Amazon.ca: Benjamin Graham: Books@@AMEPARAM@@http://ecx.images-amazon.com/images/I/51ExtoEUm9L.@@AMEPARAM@@51ExtoEUm9L

3. Invest (not speculate)
4. Profit

[Autorice]

oops. when I googled vanguard it takes it to a brokerage firm that I would have avoided.

Vanguard Mortgage Investment Corporation (http://vanguardinvestment.ca/) is their website.

[Cassijon]

too bad you didnt have that money in 2002. invest it all in apple at that time, youd be sitting on 8mil+ right now lol

[Iceman-19]

too bad you didnt have that money in 2002. invest it all in apple at that time, youd be sitting on 8mil+ right now lol

What an incredibly stupid post. If he had that money back in the great depression he could have bought most of america. Lets just make up dreams some more, THAT SHOULD HELP HIM.

[Cassijon]

What an incredibly stupid post. If he had that money back in the great depression he could have bought most of america. Lets just make up dreams some more, THAT SHOULD HELP HIM.

it was a joke, dumbass. is that not allowed?

is this a life or death Q&A? will he be taking each post as the word of god?

jesus christ, someone needs to get laid (looking at you)

[BeefCake4000]

oops. when I googled vanguard it takes it to a brokerage firm that I would have avoided.

Vanguard Mortgage Investment Corporation (http://vanguardinvestment.ca/) is their website.

I have been looking at Vanguard Index Funds too. I am 29 years old living in Canada. I worked for the Canadian federal government with a solid pension plan so my risk tolerance is quite high. I am planning to divide my portfolio as follows:
40% Vanguard MSCI Emerging Markets Index ETF
40% Vanguard MSCI U.S. Broad Market Index ETF (CAD-hedged)
20% Vanguard Canadian Aggregate Bond Index ETF
Do you think that the portfolio above is diversify enough or should I take it one step further and do this:
20% Vanguard MSCI Canada Index ETF
20% Vanguard MSCI EAFE Index ETF (CAD-hedged)
20% Vanguard MSCI Emerging Markets Index ETF
20% Vanguard MSCI U.S. Broad Market Index ETF (CAD-hedged)
20% Vanguard Canadian Aggregate Bond Index ETF
Your input is much appreciated.



BTW here is Vanguard's webiste: https://www.vanguardcanada.ca/individual/etfs.htm#characteristics

[dlo]

Go to mexico and buy a birdie, come back and break that bitch down and cook, 20 rocks for the whole team!!! Mr 17.5 a key the snowmans back yeahhhh
Posted via RS Mobile

[BigTrollFace]

I have been looking at Vanguard Index Funds too. I am 29 years old living in Canada. I worked for the Canadian federal government with a solid pension plan so my risk tolerance is quite high. I am planning to divide my portfolio as follows:
40% Vanguard MSCI Emerging Markets Index ETF
40% Vanguard MSCI U.S. Broad Market Index ETF (CAD-hedged)
20% Vanguard Canadian Aggregate Bond Index ETF
Do you think that the portfolio above is diversify enough or should I take it one step further and do this:
20% Vanguard MSCI Canada Index ETF
20% Vanguard MSCI EAFE Index ETF (CAD-hedged)
20% Vanguard MSCI Emerging Markets Index ETF
20% Vanguard MSCI U.S. Broad Market Index ETF (CAD-hedged)
20% Vanguard Canadian Aggregate Bond Index ETF
Your input is much appreciated.



BTW here is Vanguard's webiste: https://www.vanguardcanada.ca/individual/etfs.htm#characteristics

:rukidding:

That is not diversifying

[BeefCake4000]

:rukidding:

That is not diversifying

So what do you recommend? I am a beginner when it comes to investing. Any advice would be welcome.

[BigTrollFace]

Read books like posted above.
Do not invest blindly. Start small and when you feel more comfortable invest more.

Start of in the range of 1k - 10k and its not biggie if you take a hit

[F30]

So what do you recommend? I am a beginner when it comes to investing. Any advice would be welcome.

Real life: to invest sucessfuly one needs to study, spend many hours learning how not to lose money (yes, I didn't say how to get rich!, I said how NOT to lose money). Then talk to a broker and instruct the broker to stick to the plan devised from such hard work. That plan may be to buy 50% index fund and 50% bonds, or it may be something different entirely.

Myth: to invest successfully one needs to post a question on-line, get the "inside scoop" on how to get rich, do as told, sit back and relax.


Take it or leave it, but my advice is to spend the $20 on the book, take 2-3 weeks to read it, then decide what to do next. Consider reading this book an investment.

[Autorice]

I am recommending Vanguard Mortgage Investment Corporation (http://vanguardinvestment.ca/) not https://www.vanguardcanada.ca

[penner2k]

too bad you didnt have that money in 2002. invest it all in apple at that time, youd be sitting on 8mil+ right now lol

If you want to have stupid fantasies like that why wouldnt you say throw 80,000 at Facebook before it turned into anything. LOL @ 8 million. Would most likely have more like 800 million right now.

Poverty dreams you have,...




















but your post is retarded.. please go

[Jas29]

pm'ed you. you can put up to $20,000 of it in TFSA. you can put RRSP's as well but subject to early tax penalties if you cash it in early like any RRSP. if you let it sit, it will continue to grow.

8% per annum, compounded quarterly.

can u pm me too

[BigTrollFace]

dont waste your time, I contacted them.

Its about 5-8% annually
they do pay out quarterly but the averaged % is 5-8%

its considered a high risk investment as well.

[soymilk]

honestly stick it in blue chips + a few oil and gas, maybe throw in some good REITS and you have yourself a nice balanced portfolio with a a 4-6% yield with potential for captial appreciation. But that comes with some risk obviously. If you are risk adverse, stick with GICS

[Jas29]

dont waste your time, I contacted them.

Its about 5-8% annually
they do pay out quarterly but the averaged % is 5-8%

its considered a high risk investment as well.

thanks for the info

honestly stick it in blue chips + a few oil and gas, maybe throw in some good REITS and you have yourself a nice balanced portfolio with a a 4-6% yield with potential for captial appreciation. But that comes with some risk obviously. If you are risk adverse, stick with GICS

What is considered a good REITS (Real Estate Investment fund right?) I don't have as much to invest as the OP (10G) trying to learn as much as i can before i do anything right now a GIC is my last resort. Don't have any real expenses so i'm willing to take on some risk.