Where to invest $200k+ for 1-2 years
- Thread starter astridd4
- Start date
What you think?
I am a sales agent and looking for people to do business with! If you are comfortable, lets talk about my business plan and where we can go with the investment and double it!
I am into purchasing properties and reno. them and selling them for max profit! Done it before and been successful! Let me know if you are interested to earn some extra 40-50k!
I am a sales agent and looking for people to do business with! If you are comfortable, lets talk about my business plan and where we can go with the investment and double it!
I am into purchasing properties and reno. them and selling them for max profit! Done it before and been successful! Let me know if you are interested to earn some extra 40-50k!
Astrid, if you are going to be returning to the residential housing market in the next couple of years, why not buy something now and use it for rental income?
If you have something without a mortgage, you should be able to have more than a 4% return, and if there is further capitol appreciation you are ahead even more.
If you have something without a mortgage, you should be able to have more than a 4% return, and if there is further capitol appreciation you are ahead even more.
Welcome to TERB, though this is an odd place to ask for investment advice and let alone have this topic as your first post!
You should really go to a financial planner for this sort of advice, though I find that they are hit and miss in terms of quality. First and foremost, you should assess your risk appetite.
If this is money you cannot afford to lose, then the RISK FREE 4% return is not bad. Sometimes, the 40-50k JW makes in Reno, risk adjusted, could well be less than 4%.
You should really go to a financial planner for this sort of advice, though I find that they are hit and miss in terms of quality. First and foremost, you should assess your risk appetite.
If this is money you cannot afford to lose, then the RISK FREE 4% return is not bad. Sometimes, the 40-50k JW makes in Reno, risk adjusted, could well be less than 4%.
where to invest
Try ETFs. Exchange Traded funds are the hotest commodities now. Very low cost to per share, with high rate of return. They have very low commision charges and unlike mutual funds they can be traded right away with minimal penelaties. Plus each Fund holds pretty much all the major companies in the stock exchange. The best thing of all many investors don't know much about them since their inception in 1991. Therefore get in early the long haul will prove profitable. They are where mutual funds were in the 60's.
Try ETFs. Exchange Traded funds are the hotest commodities now. Very low cost to per share, with high rate of return. They have very low commision charges and unlike mutual funds they can be traded right away with minimal penelaties. Plus each Fund holds pretty much all the major companies in the stock exchange. The best thing of all many investors don't know much about them since their inception in 1991. Therefore get in early the long haul will prove profitable. They are where mutual funds were in the 60's.
Well, since you will eventually need somewhere to live you could always purchase a property and then rent it out until you need it....
Another investor I met recently has made hundreds of thousands in real estate. What he does is when a new subdivision is planned and sales are started, they purchase some of the prime lots in phase one with the minimal down payment. Then when construction commences and phase 1 is near completion (typically about 1 1.5 yrs) he sells the property....with the real estate market the way it is, he has realized a $25 - 50 K profit on each property.......
Another investor I met recently has made hundreds of thousands in real estate. What he does is when a new subdivision is planned and sales are started, they purchase some of the prime lots in phase one with the minimal down payment. Then when construction commences and phase 1 is near completion (typically about 1 1.5 yrs) he sells the property....with the real estate market the way it is, he has realized a $25 - 50 K profit on each property.......
Principle protected note. This is a derivative product which buys a bond (principle protection) and call options on other investments, typically mutual funds. As such, you get the principle protection of the bond plus you get to participate in any potential upside of the other investment. At worst, you get your money back. Notes are generally liquid as they trade on the secondary market so your money is not locked in.
Ask your financial advisor for more details.
Ask your financial advisor for more details.
If you are going to need the money in the next 2-3 years you should probably avoid equity based products, including equity funds and ETF's. Over that short a period they would be nothing more than a crap shoot.
Consider cashable GIC's ( 3.7-4.2 %) and fully liquid after 30 days, if something good comes along.
If you have special knowledge or a longer time frame, say 5-10 years, equities or real estate (if well thought out) could be ok.
A couple of hundred dollars can disappear very quickly.
Consider cashable GIC's ( 3.7-4.2 %) and fully liquid after 30 days, if something good comes along.
If you have special knowledge or a longer time frame, say 5-10 years, equities or real estate (if well thought out) could be ok.
A couple of hundred dollars can disappear very quickly.
1 - 2 years is a very shor time to put anything into the equity markets.astridd4 said:
If you're using the money immenently in the next 1 - 2 years, my suggestion would be to spread it around in investment grade bonds, i.e. Royal Bank, Bell Canada Enterprises, Loblaws, etc. ...remember Bonds, not their stock.
The Canadian dollar is very strong so if you want to take a little risk, & play the currency a little, then maybe some U.S. "Blue Chip" Bonds, i.e. Citibank, Bank of America, GE, etc. You'll still get a return, but take a little risk on the currency side, which may or may not pay off.
Alternative, you can see what you're favorite SP can do for you for $100K.
