Hi,
Can some one suggest me some good tips that will help me in making decision to invest in canada?I am looking at rate of return of 6 - 7 % per Annum over a period of 5 - 7 years.
All suggestions are welcomed.
Thanks,
CB -
Is this in a registered account or non registered (tax implication).
Is this target rate nominal or real (inflation implication)
Assuming registered account and nominal rates, 6% to 7% can be obtained by a mix of dividend paying stock and corporate bonds.
You will need a discount brokerage account to do this.
Once you have that, go with a mix of 2 to 3 ETFs, such as XDV, XSB and maybe XCB.
If you want your nominal returns to be in the 8% region (to give you 6% real), add in an emerging market ETF or a high yield bond ETF into the mix.
If, however, all this will be in a taxable account and you expect 6 - 7% real return, then your target is more like 10% nominal and a little harder to achieve, esp. without picking individual stocks, bonds or options.
That depends on your previous investing experience and how comfortable you are trading and selecting individual stocks, bonds and options.
-----------------------------------------------------------------
"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Any option other than stocks or bonds which can give 3-4% return with minimal risks.
Expecting good suggestions from financial gurus.
Quote:3 - 4% is easy to get with a ladder of 5 year GICs
Originally posted by web2000
Any option other than stocks or bonds which can give 3-4% return with minimal risks.
-----------------------------------------------------------------
"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Thanks all
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |