[PunPryde]

So, i have an extra $4000 laying in my savings account... what do you say is the best thing to invest in right now, keeping the dying economy in mind lol. bonds? GICs? def. not stocks, much too erratic right now.

[QBC]

Only one choice right now....grow op....

[PunPryde]

QBC QBC:

Only one choice right now....grow op....

hahahaha, would probably yield the greatest rate of return

[dino_bobba_renno]

I would go with a short term GIC for now or anything that will keep you ahead of inflation. I think most GIC's are around the 4._ mark so you wont be making much but at least it won't be depreciating.

[xerxes]

Gold is still going up as well....

[Canadaka]

Buy wine and store it in your basement. thats probably a joke.

[sandorski]

xerxes xerxes:

Gold is still going up as well....

Not really. Gold has been fluctuating for awhile, but not really rising anymore. It might still go up, but is not behaving in a way that many thought it would, so there's a risk in going that route now.

[sandorski]

Watch BNN, lots of advice given on it. If you have Cable you might have it or you can watch it online at http://www.bnn.ca/

[herbie]

Heed the advice: Buy land; they're not making anymore.

[mixedfarmer]

4000 is not much. do you need an rrsp? if not buy coke-cola shares. everyone can afford to buy a coke

[Wally_Sconce]

a woodstove for the house, a 4 cylinder car, or an electric bike

[martin14]

lily lily:

PunPryde PunPryde:

So, i have an extra $4000 laying in my savings account... what do you say is the best thing to invest in right now, keeping the dying economy in mind lol. bonds? GICs? def. not stocks, much too erratic right now.

Bank shares.

lily, you should put a smilie on that one ..

long term, yes, right now, no.


GIC would prolly be the safest right now,
or put it in to an rrsp, provided you still get the tax reductions.

[Wally_Sconce]

a shotgun

hunt, defend.

[Wally_Sconce]

if he's young then he should invest it on an education

[martin14]

Aging_Redneck Aging_Redneck:

if he's young then he should invest it on an education

sure, he can take that gun ownership / woodstove building / electric
bike charging course you offer.


that costs about 4k, doesnt it AR ??