I would wait about 90 days for the foreclosures to ramp back up (just watch FNMA, could happen sooner) and then pick up a property for rent. Values will start coming back in 24-36 months, plus you get the tax deduction.
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I would wait about 90 days for the foreclosures to ramp back up (just watch FNMA, could happen sooner) and then pick up a property for rent. Values will start coming back in 24-36 months, plus you get the tax deduction.
watif you want to invest anything under 100k is kind of pointless. Put into some kind of treasury bond or it will diminish in value.
does this translate out of canadian to something reasonable?if you want to invest anything under 100k is kind of pointless. Put into some kind of treasury bond or it will diminish in value.
does this translate out of canadian to something reasonable?
In times of high inflation, the absolute last place you would want to be is in bonds. In Canada, you have numerous trust entities designed to pay out sizable dividends with minimal tax impact. If I was a Canadian, I'd be more heavily invested in your royalty trusts. Right now many are yielding over 10%. Compare that to your countries T-bills ....Inflation. I get the feeling the OP wants to invest and forget. You know from experience especially in our current situation you have to watch the market and be guided by a gut instinct to know when to cash in.
Seems like a more short term investment, but if this guy wants to invest his money over a couple years, about the only thing insured in our current market is the treasury bond itself isn't it?
And in order to gain in the short term, you have to invest massive amounts of cash, right? But if you're dealing with short term, maybe 20k, you can't expect to gain much. Unless you are a market guru, and I hardly think looking at the future inflation there is much gain to be made
did I have too many wobbly pops?
In times of high inflation, the absolute last place you would want to be is in bonds. In Canada, you have numerous trust entities designed to pay out sizable dividends with minimal tax impact. If I was a Canadian, I'd be more heavily invested in your royalty trusts. Right now many are yielding over 10%. Compare that to your countries T-bills ....
Where should I do it? I have some ideas, no I'm not pulling an Akuma and coming here for financial advice (nor am i bragging about how much money i have, i know its not that much to invest), just curious to see some of your thoughts.
note, im not averse to some level of risk
cds, stocks, bonds, iras?