Best mid-term investment in Ontario, Canada?
I have given up my life-long dream of getting an exotic car, and by the end of the summer, I should have approximately 60k to play with without putting me in corners. I'm new to the world of investment. I know there are many many types, bonds, stocks, rrsp, house, tax free savings account, gic...etc I'm looking for mid term investment (~5years preferrably). If you can make me a suggestion as to what I'd be best off looking into, that'd be great.
Also, does anyone know if having bank account in the US will show up on personal profile? (let's say a lawsuit is thrown at me and for whatever reason I need to 'hide' my savings?)
Investment best answer:
Answer by Trond B
You might look into investment grade corporate bonds. A reasonably safe investment that yields about 5% more than government bonds. A corporate bond mutual fund will give you the necessary diversification.
Investment
Save Darfur protest at Franklin Templeton Investments
Image by Steve Rhodes
Part of a national day of action on October 15th calling for divestment
www.divestfordarfur.org
www.savedarfur.org
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