what to invest 100Gs in?

[squash500]

Oh really? Ever heard of a thing called a prospectus? It's not that salespeople don't disclose, it's that clients can't be bothered to read or ask...

Most financial advisors don't even understand prospectuses themselves . Fa's are supposed to make money for their companies first, themselves second and if any is left over ---the clients third. It would be better for the op to buy etfs on his own through a discount brokerage!

 

[hinz]

Pay down all outstanding debts such as credit card balances, car loans and outstanding mortgages first before investing anything.

Honestly $100G may not mean much after you clear all the debts outstanding and I would not be surprised there's not much cash left behind.

Still it's worth every penny as you are guaranteed to get at least 6% all the way up to 22% returns when you pay down the debts

 

[Esco!]

Did Dr.Evil give it to you? muhahah

Stick some in GICs and some in annuities, negotiate a reasonable rate (it's sad though...LOL)

All fun and games till they do the "Enron thing"

 

[hinz]

At $150-200 per session and assuming a session per day you'll run through the $100k in around 16-20 months.

Make sure she is not going to ask this father's and son's team to deal with CRA

http://www.taxamnesty.ca/

 

[stang]

I wouldn't touch the stock market again. Stay away.
Maybe Florida real estate's worth a look?

 

[Esco!]

To answer the thread's question, there is no safe investment.
Gold fluctuates, silver does also, so do all stocks.

You're really truly long-term safe investment is:

Government Bonds

They dont pay much (I think 5% per annum)
But they are safe (especially U.S. bonds)

Cheers mate, and I'm half Esco'd, so dont ask anymore difficult questions please

 

[squash500]

What about investing the 100k to buy an escort agency . A certain controversial one comes too mind.

 

[hinz]

You're really truly long-term safe investment is:

Government Bonds

They dont pay much (I think 5% per annum)
But they are safe (especially U.S. bonds)

Cheers mate, and I'm half Esco'd, so dont ask anymore difficult questions please

Not so nowadays as the 10-year Canadian Bonds or US treasury yields around 3%! That's before inflation and taxes wipe out your gain.

In fact you lose money nowadays when you hold these bonds in non-registered acct.

 

[Esco!]

Not so nowadays as the 10-year Canadian Bonds or US treasury yields around 3%! That's before inflation and taxes wipe out your gain.

In fact you lose money nowadays when you hold these bonds in non-registered acct.

So whats your perfect 10% annum investment, Hinz???
I'd love to hear it

 

[S.C. Joe]

What about investing the 100k to buy an escort agency . A certain controversial one comes too mind.

Or strip club but 100K isn't much--it is and its not--however with 100K that sure help at a bank to get a loan for the rest of the cash. But strip clubs in Canada seem to be dieing out. A escort company--seems risky, theres so many and then theres all the legal stuff to go with the business. Then theres the long hours and if you just hire staff, they could cheat you--hey only 2 guys called last night, when really 10 did.

I be more incline to open a gas station or a fast food place, lol

 

[hinz]

So whats your perfect 10% annum investment, Hinz???
I'd love to hear it

Do you mean 10% annualized return or average return?

There's no perfect 10% return annually without taking substantial risk.

Other than trying your luck in Las Vegas where the probability of winning a jackpot is comparable to 649...astronomically impossible. You may try your luck by investing in BRIC countries or in frontier economies such as South Africa, Pakistan, Middle East, Vietnam or Indonesia to get your 10%.

Be prepared the market volatility and you will lose your shirt sooner or later when you bet the wrong stock...kinda like caught caught in the dark by runnaway train

 

[JohnLarue]

Most financial advisor's don't even understand prospectuses themselves . Fa's are supposed to make money for their companies first, themselves second and if any is left over ---the clients third. It would be better for the op to buy etfs on his own through a discount brokerage!

I have to agree with this for the most part.
While there are probably some very good financial advisor's who will provide top notch service and even manage to deliver high returns to clients, they people are for the most part salesmen first and investment experts second.

The problem with the industry as a whole is Reps are rewarded by how much business they bring in (Mutual fund Trailer fees) rather than how much they make for their clients. Most Mutual Funds do not out perform the broad market

If you can find a good advisor then great, however
1.how many years and lost returns go by while you determine he is not what you need ?
2. How many do you need to talk to before finding the right one ?

DO A LITTLE HOMEWORK & THEN BUY A BASKET OF ETFS or better yet quality stocks.
If you cant spare the time for the homework, then trust an adviser (cant say you were not warned)

 

[JohnLarue]

Did Dr.Evil give it to you? muhahah

Stick some in GICs and some in annuities, negotiate a reasonable rate (it's sad though...LOL)

Annuities!!
Yikes
This is not a good idea.
The insurance industry came up with this one.
They are priced in manner which is very advantageous to the insurance company. Check the discount relative to todays interest rate, you will probably have to live to 103 to get value from an annuity

Before someone from the insurance industry jumps all over me with the term annuity, check the math on that & tell me its not a great deal for the issuing company

 

[hairyfucker]

Pay down all outstanding debts such as credit card balances, car loans and outstanding mortgages first before investing anything.

Honestly $100G may not mean much after you clear all the debts outstanding and I would not be surprised there's not much cash left behind.

Still it's worth every penny as you are guaranteed to get at least 6% all the way up to 22% returns when you pay down the debts

I only briefly looked at all the responses but I have to agree that this is the best advice or at least the right starting place. $100K is really not that much money and is best served at retiring any existing debt. After that point, the left over (if any) should be properly diversified based on age and risk tolerance. Other possible plans are available but are really an individual decision based on current asset allocation, earning potential, and goals in life.

Without knowing much more but assuming you represent the upper section of the general population this is the best I can offer.

 

[BottomsUp]

Open a trading account and buy as much Potash Co. of Saskatchewan as you can afford. Fertilizer is on fire and will be for quite some time.

 

[Brotherman]

open up a retail gas station.

 

[Esco!]

Do you mean 10% annualized return or average return?

There's no perfect 10% return annually without taking substantial risk.

Other than trying your luck in Las Vegas where the probability of winning a jackpot is comparable to 649...astronomically impossible. You may try your luck by investing in BRIC countries or in frontier economies such as South Africa, Pakistan, Middle East, Vietnam or Indonesia to get your 10%.

Be prepared the market volatility and you will lose your shirt sooner or later when you bet the wrong stock...kinda like caught caught in the dark by runnaway train

I'm not trying to be facetious, but what you're saying is there
is no above 5% safe investment, is that correct??

And with safe investment I mean govt bonds obviously

 

[Esco!]

Do you mean 10% annualized return or average return?

There's no perfect 10% return annually without taking substantial risk.

That was kinda my question, but you answered it.

 

[Berlin]

African palm.

 

[hinz]

Open a trading account and buy as much Potash Co. of Saskatchewan as you can afford. Fertilizer is on fire and will be for quite some time.

Add Monsanto & Sygenta to the mix.

And don't forget Agrium, Phoscan, John Deere and even Archer Daniels Midland....

Keep in mind these are for mad money.

Personally, I'll keep an eye on Timber, Uranium and Titanium as commodities play.