Reddit Posts
Ramp's valuation jumps to $44B following $750M round as the company eyes a future IPO
Wall Street hunts next casualty from AI threat to white-collar work
Devil's Advocate - S&P is a Ponzi Scheme - Humor Me
Why do people advise against ETFs (i.e. S&P 500) for short term (3-4 years)?
Why ETH is underperforming (& everything else under the sun)
Looking for some advice on long SQQQ & HXD position?
Why I am Bullish On Edison Lithium (TSXV: EDDY; OTCQB: EDDYF)
Why I am Bullish On Edison Lithium (TSXV: EDDY; OTCQB: EDDYF)
Any experience/advice trading strips in a self-administered Canadian RRSP?
What is RBF2010? is it a mutual fund? It is called Savings Account
Lex in depth: how investors are underpricing climate risks
What to do with a down payment sitting in my chequing account
ELI5 Question about measuring performance of bond ETF versus GIC return?
NEXTDECADE declares Final Investment Decision (FID) - NEXT PT 13$
Which of these 3 options are the better investment? Or should I invest elsewhere?
Leader in Motion Capture tech used by Marvel, EA, and VR Youtubers like CodeMiko, Movella Holdings (NASDAQ: MVLA) has huge potential!
STORE Capital REIT, problem with taxes after going private
Using my RDSP for GIC's - question from someone who is very green
Is there a way to calculate how stock prices based on yields?
💰💰💰Good morning! #premarket #watchlist 09/15 $TYDE -enters into definitive agreement to acquire Forever 8 Fund, LLC, a fintech company, $NBRV -reverse split on 16th of September, $STOR -Store Capital agrees to be acquired by GIC and Oak Street in all-cash deal valued at $14 billion
💰💰💰Good morning! #premarket #watchlist 09/15 $TYDE -enters into definitive agreement to acquire Forever 8 Fund, LLC, a fintech company, $NBRV -reverse split on 16th of September, $STOR -Store Capital agrees to be acquired by GIC and Oak Street in all-cash deal valued at $14 billion
STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
$COPAF Copaur Minerals Discovers New Gold Zone At Williams Project GIC Porphyry Target; Drilling Yields 2.2 G/T Gold Over 50 Metres, Including Last 10.5 Metres Averaging 4.2 G/T Au Ending In Mineralization
How do you deal with you parking money?
Sell high, buy low. Reposition: away from long duration & growth/rate sensitive stocks to quality cyclical growth stocks at good valuations
$EJFA - Fintech Startup Pagaya Nears $9 Billion SPAC Deal
Mentions
[**Anthropic**](https://www.linkedin.com/company/anthropicresearch/) has signed $517bn of compute contracts in the last 11 months. That is roughly 2.9x what the company told its own investors nine months earlier. [**The Information**](https://www.linkedin.com/company/theinformation/) tallied it up this week: 14.8GW of contracted capacity since October 2025, across more than 16 counterparties. For scale, that's grid-level load. The kind that reshapes utility resource plans. I went through the reporting on every deal. Four things stood out. Anthropic isn't really buying compute. It's renting credit. No credit rating means it can't sign this debt itself. So almost every large deal is made bankable by someone else's balance sheet: [**Broadcom**](https://www.linkedin.com/company/broadcom/) giving \~$30bn of residual-value support to an SPV built by [**Morgan Stanley**](https://www.linkedin.com/company/morgan-stanley/) and funded by [**Apollo Global Management, Inc.**](https://www.linkedin.com/company/apollo-global-management-inc/) and [**Blackstone**](https://www.linkedin.com/company/blackstoneinc/) [**NVIDIA**](https://www.linkedin.com/company/nvidia/) holding the [**Hut 8**](https://www.linkedin.com/company/hut8corp/) lease outright so [**Lambda**](https://www.linkedin.com/company/lambda-cloud/) can supply Anthropic A $1.3bn [**J.P. Morgan**](https://www.linkedin.com/company/jpmorgan/) standby letter of credit on the Norway site [**Google**](https://www.linkedin.com/company/google/) guaranteeing \~2.4GW built by former bitcoin miners The credit risk of the AI build-out sits with private credit, banks and chip vendors. Not the AI lab. The bitcoin miners have become the landlords. [**Riot**](https://www.linkedin.com/company/tryriot/), [**TeraWulf**](https://www.linkedin.com/company/terawulf/), [**Bitdeer AI**](https://www.linkedin.com/company/bitdeer-ai/), Hut 8, [**Cipher Digital**](https://www.linkedin.com/company/cipherdigitalinc/). They own the genuinely scarce asset: grid-connected power, land, cooling and queue position. All have swapped volatile block rewards for bond-like contracted cash flow. Riot's Rockdale lease runs to 2048! Almost everyone is on both sides of the trade. [**Amazon**](https://www.linkedin.com/company/amazon/) ($13bn invested), [**Google**](https://www.linkedin.com/company/google/) (\~14% stake plus a planned \~$40bn), [**NVIDIA**](https://www.linkedin.com/company/nvidia/), [**Microsoft**](https://www.linkedin.com/company/microsoft/) and [**AMD**](https://www.linkedin.com/company/amd/) (up to $5-10bn each) are simultaneously investors in Anthropic and suppliers to it. Cash goes out as investment and comes back as revenue. The [**SpaceX**](https://www.linkedin.com/company/spacex/) deal runs at $1.25bn a month to May 2029. Either side can walk after three months on 90 days' notice. THE DEALS AT A GLANCE Google / Broadcom — \~$200bn — 3.5GW+ TPUs from 2027 Amazon AWS — $100bn+ — up to 5GW Trainium, 10 years Fluidstack — $50bn — custom builds, Texas and New York Nscale — \~$45bn — 460MW, West Virginia, 6 years SpaceX / xAI — \~$45bn — 300MW, all of Colossus 1 Lambda — \~$35bn — 350MW, Texas, Nvidia holds the lease Microsoft Azure — $30bn — up to 1GW TeraWulf — \~$19bn — 401MW, Kentucky, 20 years Volta / Bitdeer — \~$10bn — 121MW, Norway, hydro Riot Platforms — $9.1bn — 191MW, Texas, to 2048 Akamai — $1.8bn — 7 years, its largest deal ever AMD — undisclosed — up to 2GW of Instinct MI450 CoreWeave — undisclosed — analysts say $4-7bn Theseus (Macquarie + GIC) — undisclosed — anchor-tenant vehicle Plus 12+ non-binding letters of intent covering over 1GW. Importantly, most of this doesn't land until late 2027 and 2028, with a hell of a lot of moving pieces needing to get things on-line. Set against a $65bn revenue run rate and a reported $2tn IPO ambition, the upcoming prospectus will be a very interesting read.
Hey everyone, Looking for some feedback on my current portfolio allocation. My total net portfolio value as of today is ~675k CAD. This is a throwaway for privacy but a little bit about me - - age 29 - yearly gross income $117,000 CAD - yearly expenses $45,000 CAD - no debt & no other assets other than what's mentioned below - okay to lock in the funds on a 5 year horizon, *but* might want to buy a house to live in, sometime in the next 4 - 8 years I am trying to build a diversified, tax efficient portfolio while avoiding overlapping with what I already own. Current Investment Portfolio is majority held through Wealthsimple and here is a breakdown which does not include my cash buffer which is basically like an extra ~5% ($36k) on top of the investment portfolio sitting in Savings at 2.5% interest. 100% of the investment portfolio is divided as such: - 15% – Canadian Market (Direct Indexing) - 15% – Individual Stocks (TFSA - 90% US / 10% CA) - 15% – Taxable GIC (4% rate through end of 2027) - 10% – RRSP + FHSA (100% US stocks) - 45% – Non-Registered Account (Target space for this post - NEED ADVICE ON THIS) I want to allocate the remaining 45% of my net portfolio value into my non-registered account. I believe the best approach might be one of these: - using three ETFs at 15% each, OR - using three ETFs at ~12% each + 10% gold, OR - using four ETFs at 9% each + 9% gold I am leaning heavily toward 3 ETFs + Gold. Because my US and Canadian exposures are already heavily covered in my other accounts, my primary goals I believe should be International exposure, diversification and tax efficiency. The Global X's Corporate Class "H-Series" ETFs because they defer dividend taxes into capital gains upon sale. HXDM, Why: Gives me the broad Europe/Asia/Far East exposure I am completely missing right now, without doubling down on the US. HXEM, Why: Captures high-growth economies (India, Brazil, etc.) that aren't in HXDM or my US stock picks. HXT, Why: A tax-efficient Canadian anchor. Combined with my 15% direct index, this brings my total Canadian home-bias to ~30% though. My Questions for Reddit: 1. Is XEQT a trap here? I initially thought about XEQT, but it seems like it would heavily overlap with the US/Canada individual holdings I already have. Is skipping it for pure international exposure the right move or should sub it in for something else or hold 4 ETFs equally. 2. Corporate Class / Swap Risks: For those holding HXDM/HXEM/HXT in taxable accounts, how has the tracking error and tracking your Adjusted Cost Base (ACB) been? Any regulatory concerns I should worry about? 3. Alternative Options: Are there better combinations you would recommend given my portfolio? I held Private Credit and Private Equity previously which I have since learned are not ideal for non registered accounts. Crypto (BTC) is possible consideration as well, but definitely wouldn't want to gamble more than 5% on it. What would you do if you were me? Appreciate any and all insights, critiques and advice!
No, nobody gets your drift 103 is perfect because it's a 3% less break even than 118 for an option over a year out? Go buy GIC lmao
CDO’s didn’t work out to well. Letting Lehman fall had repercussions that they didn’t see. I don’t see how your 401K gets “wiped out”. 30 to 40% dip . They recouped pretty quick. Some people went to GIC’s and I certainly wouldn’t trust those at the time.
SNDK hasn't been a publicly traded company since 2021. It was taken private by KKR, Permira, and GIC for about $164 billion in one of the largest leveraged buyouts in history. The ticker doesn't exist on any public exchange anymore. There's no fair value to calculate because there are no shares available to trade. You're looking at a ghost.
shit... My 10k GIC just matured... So... YOLO on AI?
The leftover i have locked in GIC for 5 years but i have autopilot some pay go into indexes
should I stick with bonds / GIC?
Pay off your mortgage before you lose the rest. You have a gambling problem and you'll lose it all in no time. Do it for your kids. Lock in those gains and put it in an asset you can't touch like your house or a GIC.
I might sound poor but I have paid off house, 200k in retirement and 150k in GIC 🙂
Today's dip on all markets likely was people going liquid to buy this crap. It will go up, short term at least. The FOMO on this will be something never seen before, without question. My 80 year old Father who has never invested other than GIC's is even asking about it. I am choosing to buy everything else at a discount instead of calls or puts on it, but it will be something epic one way or another.
Why do people invest so much money in risky shit? WHY NOT JUST PUT IT IN A GIC AND WATCH IT GROW LITTLE BY LITTLE? I understand the sub I am in, but seriously? If I lost $9k, I'd be very sad. Losing ONE HUNDRED THOUSAND DOLLARS on a stupid gamble is madness
Hey! Wrote earlier in the thread about their earnings. Solid release and reporting. Been eye balling it for a month or so now, wish I would have pulled the trigger and bought. Was also looking at GIC and MSA.
I may be a bit crazy but I have three different emergency funds. $5K of cash in my firearms safe (80% CDN and 20% USD). $50k in a savings account. $80K split between a one year GIC, HISA and CASH ETFs. It works for me.
Are there any legitimate communities that help each other make solid safe but profitable investments and stuff? I want to avoid memes, trolling, etc. I just want an earnest group that helps the working class accrue some wealth and I Don't wanna deal with memery and stuff. I don't want the HODL memes, I don't want any of that. Just an earnest group that can provide intelligent choices for investments. I know it's a hail mary and like asking for a golden goose, but I just wanna get some guidance from people who actually care about helping others build themselves up. I'm not talking becoming a millionaire, but just some solid investments that aren't just an ETF or GIC or whatever.
\> 2.8 interest rate Invest it. You're literally getting that money for free. You can borrow it, put it into something like a CD (USA) or GIC (Canada) for guaranteed returns exceeding the borrow rate. Being said - I'd take on a little risk like you have. It makes literally 0 sense to pay off your mortgage, try to delay payments at that rate for as long as possible.
I think it depends on the individual. Usually I would agree to ride out the waves, if retired or can’t afford a huge loss or dip for short term could easily buy a Tax free GIC. Yes lower interest but guaranteed until a potential crash is over. Then when the market gets more stable can easily buy stocks in a more stable market. Who knows with Trumps disruption in the global Market could get much worse. I have a lot in a Tax free GIC for now just being safe for the time being. Personally I think we’re in for some very rough waters ahead.
The USD has been devaluing slowly since Trump second. I gained(retained?) more wealth on a CDN GIC that my moderate gains in USD over 1 year ending Feb. I needed a 6% return to break even in USD. When the USD weakens the numbers go up. Wealth relatively unchanged.
Intel when it was 23 bucks. I had a GIC mature a couple days before I heard the government bought a big chunk. Was gonna drop 10k on it.... I didn't. Not life changing but woulda been helpful.
Even though it rebounded and I missed out on $1.7k, I’m still happy took it all out and put it in a GIC. But I will start DCA-ing into the S&P again minimally weekly
What do you mean? I'm helping her setting up her future instead of keeping her money in a GIC... what's wrong with that?
So where to put the hard earned money ? GIC ?
GIC’s are safe; currently decent 2% per accumulation period (100 days, cashable for myself). Compound and reinvest each accrual period. I’d stay away from bonds. Even 0.25 basis point increase in interest rates can cause a 2% downturn in a 100% bond fund. Except if you have a broker purchase an actual federal bond where the principal is protected.
Idk if you’re scared just do GIC . Nothing against it
A year?! Try like a month. Even if you bought now, markets historically return at a 9% average annually. If we’re at -5.8% YTD the fire sale is on! And if you’re truly that terrified there’s a fund for that; bonds, equities, bonds and equities! Have at it! At the LEAST put your money in a GIC so it doesn’t fall victim to inflation.
I mean some secret one you're not willing to share does not sound like a safe place to park money. In my mind that is GIC's, [CASH.TO](http://CASH.TO) etc. It sounds like you're talking about some stock that you expect to perform in the future.
In such a case, you'd put it in something like a GIC instead of in the stock market.
I moved a lot to cash as well but into capable GIC’s to keep pace with inflation
Trump has been devaluing the USD, approximately inversely to how much the DOW has gone up. If you were stuck in USD maybe. But to make money as a European you'd need to have made 12% to break even. CAD 7%. I lost money on a 5% USD GIC lol. That was my one 'for sure' investment. The numbers keep going up because the USD is worth less. The rest of the AI stuff I pulled out at a market high when I stopped understanding what was going on, and didn't trust it.
Guaranteed Investment Contract (GIC) for anyone else south of the border
Found out my dad has $1M in GIC's getting 4.5% like some kind of boomer retard instead of buying 0dte's smh
What I find interesting is that It doesn’t even make sense to sell BTC when it falls if you are in the red. Even if you buy BTC at a the very top of a cycle peak, and even under the most extreme declines of over 90%, if you don’t sell, you will see higher prices than what you paid within 4 years MAX. Nothing is guaranteed. But so far that has been true 100% of the time, and usually that happens much much sooner than 4 years. That’s just the max anyone has ever had to wait to realize profit, regardless of purchase price. And they would make a very healthy profit for waiting. Much more than if they had locked that same money in a GIC or a high interest bond etc. So if you treat BTC investments like a locked-in investment with a 4 year expiry, and ignore the price, history shows, at least so far, that you will make money 100% of the time. The potential profit is also ~100%, which is wild. So if you bought at $126K, and BTC crashed to $10K tomorrow. History shows you will see ~$200K by 2030 if you simply don’t sell it lol. That’s why these prices feel like a dang bargain to me.
Interesting. I had a look at mcap weighted staples versus discretionary (GIC classification) alongside XLY/XLP. Over the last month it confirms what you're saying (the ETFs are fairly representative). Over a year, on the other hand, mcap weighted staples seem to diverge from the ETF performance positively. I'd have to dig deeper to understand exactly why. But it would suggest that the XLP's negative performance over 12 months is not very representative of the sector. Analysis here: [https://www.sharestep.co/pub?tid=ts\_mkrfd10v](https://www.sharestep.co/pub?tid=ts_mkrfd10v)
Dude, GIC wants to hire you.
There are thousands of banks in the US and just as many fintech companies already, whatre you trying to solve here? Higher rates? People with anything more than 10k and risk-averse already put money into High-interest savings, GIC/CDs, Money-market funds, bonds. If your finance literacy is only at the level of a savings account and basic interest rates you are not going to have a good time, maybe read more books on that first.
**You walked through a minefield and survived. Do not walk back in to pick up a quarter.** During my 14 years at the institutional desks, I have seen this movie a dozen times. It usually ends with the trader giving back 120% of the profits. You asked how to stop. Here is the cold reality: **You cannot trust your willpower right now.** Your dopamine receptors are fried. You are addicted to the volatility, which is why you feel sick. **The "Institutional" Kill Switch:** You need to remove the *ability* to trade, not just the desire. 1. **The Transfer:** Monday morning, transfer that $120k out of your active trading account. Move it to a boring, separate savings account or buy a locked GIC/T-Bill. 2. **The Downgrade:** Call your broker and ask them to **remove Options Permissions** from your account. Tell them you are taking a break. Make it technically impossible to click "Buy" on a 0DTE. 3. **The "House Money" Fallacy:** Do not say, *"I'll just keep trading with $10k and bank the rest."* * You will lose that $10k in two days. * You will then feel "down," and you will unlock the $110k to "win it back." * You will go to zero. **The Truth:** You didn't learn how to trade this month. You caught a lucky tailwind in a high-volatility environment. That is not a skill you can replicate; it is a luck streak that *will* end. **My Verdict:** You beat the final boss. You cleared the debt/buffer you needed. The game is over. **Turn off the console.** Take the $120k, pay your bills, and go for a walk. You won.
Honestly if you are that worried I’d be out of the market all together. GIC’s and bonds would be better, but if your time horizon is long enough I wouldn’t worry about a market crash
That’s the joy of laddering - it evens out the rates over years. For newest ones I’m getting about 3.6-3.75 but I have some old ones at 2, and a few at a juicy 5.1!! When I buy a GIC below 2.5 I buy as annual interest payout hoping to reinvest at better rates, anything higher I buy as compound annual.
nice, according to google finance the current dividend yield is 2.81% funny how if you go back 30 years and walk into a royal bank they would be trying to selling you shitty mutual funds and GIC's when all you had to do was buy their own stock lol.
Transfer your funds to your bank account and lock it in a GIC for 6 months to a year. That is something you can do within a week. Having your broker revoke options trading is a good start and I recommend seeking out a therapist who specializes in gambling addiction. You have some restraint and self awareness so I have hope for you. Make sure you have someone you can reach out to like a friend or family member in case you feel the urge coming on to gamble.
It's a Guaranteed Investment Certificate. You can buy them from things like that bank. They'll pay you out \~4% per annum and lock your cash up. You literally cannot touch / use it / sell the GIC in the meantime. Once the GIC reaches maturity (after the end date) you get all your money back + the interest on it. Think of it like giving a loan to the bank. You can't ask for the money back. They just give it back to you after the period is up (with the interest).
Thanks for advice. What is GIC? I'm finding the right search results. Sounds like CD?
It's a lot harder to leverage / risk things like a home / physical assets. If you buy a car (and pay cash) - you're not gonna leverage that. You just have a smaller account and a nice car now! It's poor financial advice to buy a new car - but perhaps for you that is EXACTLY what you want to do. Basically things that build equity (that are NOT connected to the stock market) are what you want to invest in. Because you can't just take that money and throw it back into the market. \--- Segregating accounts DOES help too. I find I size bets relative to how much is on the portfolio. So I have a bank account with some cash (safety net) and my degen brokerage account. If I have everything in one spot it's easy to go "eh - it's just a small percent of the folio. What could go wrong? 0DTEs!" and I'll toss like 50k at them. But if the account is only 50k... I don't do that. \--- I find I always risk relative to what is in the portfolio. \--- Another thing you can do (ontop of segregating accounts) is to lock up some capital in things like a GIC. You can buy them and you'll get your money back in 6 months / 1 year (or whatever). In the meantime you can't use it.
In early 80s I got 19.5% on a one year GIC
You can buy a GIC or bonds - both of which have comparable rates. You don't have to put it into an annuity - that's a poor investment decision at 20 for the rest of your life. It's literally the worst use case for your money when you're young. \--- You can generate \~4.5% give or take with GICs & you will generate an average of \~7% compounding via index investing. You'll have over $7m in 30 years using an expected average annual return of \~7% - which is more or less inline with what you get via throwing it into the S&P500. \--- You're leaving so much money on the table by taking the $1k a month
All depends on financial situation, time frame, and emotional calmness. If its from inheritance then take time to greive. If you need it to get a house or something in a couple years GIC. If you have high interest loan pay that shit off. Otherwise you can either lump sum or dollar cost average (basically invest x amount every week or month) into Voo/vti/vt.
Crypto has a lot more in common with the dot com crash then AI/indexing do. GIC is an automatic loss as it won't keep up with inflation. There are ETFs like CBIL if you need to keep a cash reserve but 1/3 seems a lot.
Indexes are now heavily concentrated and liquidity is thinning. I suggest u either stick to ur GIC or 0DTE SPY
5/10 years same like GIC investments. Changing investments for better rate of return is tricky
Risk management implies your portfolio should always be positioned for a correction/crash. At 70ish I have a nest egg of government insured GIC’s (cash). I am holding my SP500 but putting more into a quality dividend oriented index fund that theoretically will “pay you to wait” out a correction with healthy dividends. Dollar cost averaging is designed to take advantage of corrections. Reinvested dividends does this automatically. That’s my thoughts.
The bigger question is what determines a “safe investment”? safety in investing isn’t just about numbers or volatility, it’s about who else is in the game with you and what their goals are. Every investment vehicle whether it’s a stock, bond, or even a GIC, represents a network of human intentions.
>Doesn’t this mean that it’s better to invest in S&P 500 rather than a GIC even for the short term (under 5 years)? Yes - simple answer Caveat - it depends on your risk tolerance. As you can tell by the various people afraid that the market could be down 40-50%, people have wilding varying tolerance to risk and volatility. However, if you look at the data, the market rarely falls apart like that beyond huge events like GFC. The more likely outcome is that the market continues to go up with some occasional corrections when values have been over extended or something unexpected happens. The next possibly negative triggers are the supreme court decision on tariffs and what the administration will do to make up for the lost revenue and the scare mongering and any stupid shit the administration might do into the mid-term elections in 2026.
Because over 3 years S&P 500 could be down 40%. Are you ok with having 40% less in three years? >it seems like at 6M (+19%), 1Y (+13%), and 5Y (+91%) the interest is significantly better than a GIC. The MOST RECENT six month, year, and five year periods were very good.
Depends on how inflation affects you in particular. Core inflation in Canada is 3.2%, but I only shop on sale for groceries & grab gas when it’s cheap, and don’t buy much in the sugar/confectionary segment. My GIC probably keeps my nose above water: CIBC Cashable Escalating Rate 1 year: 2.250% 2 year: 2.500% 3 year: 3.000% 4 year: 3.250% 5 year: 3.500% Yield 2.899%
If only GIC can keep up with the IRL inflation.
I have some cash in short term redeemable GIC’s. Keep up with inflation and I can take them out on 30 day’s notice. Kind of an emergency fund really
I have continued, although at a slower pace, with equity investing. Timing the market and all that... The one change I am making is setting aside extra cash savings for a lump sum payment on the mortgage. I figure everything else in the world can go up/down, crash, etc., but my mortgage is the one thing that I can directly control to an extent. The return looks different, but I think of it as locking in your mortgage rate as GIC. Is this optimal? Probably not, but it also can't lose. My mortgage will be xyz-dollars less. I wouldn't likely go this route in a 'normal/boring' market, but we are where we are.
I would say for people holding cash is STUPID AS F***. At least put it in a GIC/money market! It’ll help offset inflation
Just treat it as a relatively expensive tuition fee and move on. One of the best advice I’ve gotten regarding investing is that the best investments are the ones that you barely need to think about or doesn’t disturb your daily life. For some people that is going all in on a meme coin, and for some that is putting it all in GIC.
> How do I maximize return on my emergency fund? No. You don't look to maximize returns on emergency funds. You look for ways to protect your principle, mainly from inflation erosion. > With interest rates so low for most savings accounts with major banks, what are people doing to grow their emergency fund? No. Interest rates are only low in traditional savings accounts, as they've usually been. CDs, Bonds, HYSA, and Money Markets all offer a reasonable rate of return right now, while offering you protection to that principle. > It feels wasteful to have it sitting in the bank, but I need it to remain accessible in case of emergency, hence why I can’t lock it up in the stock market or a GIC. Yes, kinda... but no. It would be wasteful to leave the bulk of your emergency fund in a traditional savings account. It is unlikely you'll experience an emergency of such magnitude that you need 3-6 months of spend that is liquid right this second. I'm not a high income earner, and I live a LCOL lifestyle. Personally, I'll keep $1,000 to $1,500 in my traditional savings account. That is more than ample immediate liquidity. I keep it pretty simple from there. CD ladder and HYSA. I can transfer money from the HYSA in 3ish business days. If I need money from the CDs, then all I sacrifice is a couple months of interest.
Not unless their T-bills or GIC’s, depending on where you live. Bond value drops when people sell, even though you’re getting more yield, the value of the share dropped. To make up for that loss, money will be pulled from everywhere.
The market goes up. The market goes down. Faster than you think. If you're happy with the lump sum of money, and want to take a more risk adverse approach, there are plenty of options. You won't see the same kind of gains, but you'll also be able to sleep at night. Do some research on GIC laddering (zero risk, 1-4%) or find a favourite ETF / mutual fund (low risk, 5-10%). Investing is not a one size fits all approach. You don't need to aggressively roll the dice on options or pick individual companies on a market. Invest to your risk tolerance. Again. You stand to miss out - but being able to live life without constantly being scared your inheritance is going to vanish may be well worth that.
AI Bubble Bursting according to Government Investment Corporation of Singapore (GIC) Chief Investment Officer (CIO).
Canada has a bunch of stuff kinda like this in market linked GIC’s but I would say the terms are worse, protection better of course. It’s actually a decent sounding product
Bro my ETF's are up 6% just this month, you were better off with a GIC lmao.
There are multiple factors: Dollar getting smoked...Gold is valued is USD, cheaper USD, more gold you can buy The world is going to shit...Gold is a safe haven, when shit hits the fan, people buy gold Interest rates are coming down...When interest rates come down, people are less likely to hold things like bonds, money in savings accounts, GIC's etc as their rate is shit...it is a better bet to buy gold because it will appreciate Inflation...when shit gets more expensive, so does gold. The price of gold outpaces the rate of inflation I am sure there are a few other reasons...like behind the scenes things...these are just the basics. It is kind of a perfect storm at the moment for GOLD
One day in 7th grade math we had a substitute teacher. Instead of teaching math he talked about stocks. I was fascinated from that point on, but didn't have any money to invest. This was also before discount brokers and trade commissions were something like $50, plus a $1/8 per share odd lot fee. There was no point in buying a share or few like that. Still interested, I religiously watched Wall Street Week with Louis Rukeyser, but still didn't have money to invest. In the 1980s I became aware of no load (but not index) mutual funds. I bought a few issues of Money Magazine and Kiplingers to learn about and select them. I started putting $50 a month in some of them - Funds like Monetta and Twentieth Century Ultra. At that time you didn't buy them from a broker. You sent money directly by mailed paper check to the fund company. I did ok with those. I don't remember how good, but I would remember if I lost money. Somewhere around the 1990s my company started offering a 401K. I put in 6% to get the 3% match. The funds they initially offered weren't very good and I did not understand them. I recall putting most of the money in a GIC fund. It was paying about 6% so that wasn't terrible. In the late 1990s I became aware of Motley Fool. The Motley Fool guys would show up for spots on TV. By then I had Internet and looked at their stuff. For a long time they were promoting the Dogs of the Dow portfolio. I was interested but did not commit. The key thing I learned in their DoD discussion was that there were discount brokers now. I opened an account with eTrade which had $10 trades and started thinking about what to buy. I bought and sold Sears, AOL, Nextel, Cisco. I don't remember them all. I didn't make or lose much. I really didn't know what I was doing. I don't recommend Motley Fool for anything now and haven't looked at them in years. In my mid-40s I found myself making more money than I spent. My checking account just kept growing. It had gotten to mid five figures. I did some soul searching about what to do. I concluded that I wasn't investing enough for retirement. I upped my 401K contribution to the max and continued that, plus maxing a Roth IRA, until I retired at 60. I don't recall what I invested in the 401K or Roth. My recollection is growth and balanced mutual funds. The 401K did not have index funds then and I was unaware of them for the Roth. Then the financial crisis happened in 2007/2008. I lost mid-six figures in the 401K. But I was busy living life and did not change the 401K contribution or holdings. Consequently I was buying good companies in the funds at drastically depressed prices. I made a boatload of money buying low as the market recovered over the next five years and continued a raging bull market up until now. By 2009 it didn't appear that the economy would go dystopian and totally collapse. It occurred to me at the time that some household name companies stock prices were depressed with the overall market. I decided these companies were just depressed with the market and they wouldn't be going out of business. I bought Walmart, McDonalds, Caterpillar, and AT&T. They recovered over the next few years for a nice profit. Caterpillar was the standout at 500% gain over 3-5 years. I still didn't know much about index funds. Finally, \~2022 after too many years of not knowing what I was doing I discovered this and the Boglehead forums and learned of the three fund portfolio. I spent weeks reading and researching and was convinced. I sold all of my managed mut funds and single stocks and went all index funds (VTI and VXUS) and bonds. I am well into retirement so I am about 25% index funds, 75% bonds and other fixed income. That's not a recommended allocation, but I have my reasons for it. Basically, I won at life. It was time to stop playing and preserve capital. I now make more money with a small pension, SS, and the investments than I did while I was working. Life is good. It was a long journey that was not optimal. I could have made a lot more money. I don't waste time and angst with regrets over how much more I could have made. The only thing I can do is decide what to do now.
I would love to know how he got a million dollars to invest in the 1st place. Wow he could have just put that in a GIC w the high rates and done ok. Guess we will never know if this is a true story.
the thing about this is: there is nowhere else to put your money...who in the fuck would put their money into a GIC that does not even beat inflation? Savings account, yeah ok, for what? 1% return if you are super lucky? Stock market it is.
God I hate banks. They won't let you turn off auto-renew of a GIC without it maturing first. Then you have to call in turn it off
Look up GIC ladders. You still want some bonds, but don't have to give up socks entirely.
Not sure how you come up with "lost more money" when it was a gain. What about if you bought BTC at $5? BRK-A cumulative gain over the last 60 years is 5,500,000% BTC over the last 14 years is 20,000,000% completely demolishing BRK in a fraction of the time, wonder how much money they lost against GIC. Can't fix regard, it's from inbreeding.
If you bought Bitcoin in mid December and held till now, you’ve actually lost more money than if you just put it in a no risk GIC yikes
Just a reminder that if you bought BTC in mid December and held till now you actually have lost more money than if you just put it in a no risk GIC.
Thanks. I’ve been looking at (believe it or not) a few GIC’s that pay over 3% and can be redeemed. If nothing else, keeping up with inflation
How soon will you need this money? My investing strategy may differ from yours, but I invest now as a 22-year-old and only take my money out if I realize a crazy gain, or for when I am retired at 70 years old. If you are looking into saving for a car or something then put it in a high interest savings account or GIC. Always do your own research is one thing I will tell my friends who come to me. I am not a professional!
Everyone will always say there is a recession looming, But PE ratios do matter- the market will have a crash eventually, And generally speaking you should invest what you can afford to lose- if you can't afford to lose it, do GIC.
GIC, garunteed income- but you can't sell out until it matures- safer than any other prospect with exact predictable returns.
Are you stupid or? Ordinary people have plenty of opportunity to buy GIC's or T-Bill's or index funds or whatever the case is. If you're too stupid to do so, then there isn't much to say. It's the idiots that are getting left behind, and rightfully so.
I'm losing 3k right now, and I can afford it. My money is in ETF, Mutual fund or GIC. I was enjoy the community energy and was hoping to at least break even. Now I'm a long term investor... and it's not lost until you sell it, right?
What’s misleading? I ‘m not asking for advice. I’m just stating that I believe one can own this single stock and prosper. That’s my personal investment strategy when it comes to stocks. I also own GIC’s. I guess I placed my comment in the wrong thread. I meant to place it the single stock portfolio thread.
One year is very short. Just look for a GIC
You’re gambling with that time frame. GIC or HISA whatever rate is higher
I agree. Very dissapointing and I had big hopes too. Take a look at their website ----> [https://www.murano.com.mx/en/](https://www.murano.com.mx/en/) lol This is the last chance to sell this sinking ship at reasonable price. The SEPA deal is very toxic. If someone has commons, better to sell NOW. The SEPA takes the lowest price within 3 days and pays 96% of it to the company. It creates a perpetual bearish pressure. The stock price will go lower and lower and lower... The new cruise port and marina were just an idea, they never had money to build it. And no one will lend them anything because of shitty credit history. "Dreams" hotel will be finished in Q4, 2025 (616 keys) + GIC Complex in Cancun isn't finished yet.
I keep $5000 available for emergencies. Money that I need in the near future for home maintenance etc ($25k rn) I put in GICs. If I need it before the GIC matures I'll use my HELOC to bridge the gap. Everything else goes into investments.
Real wages were much higher in the 1950's up to the 1970's. People paid off their house in 5 years back then too. Banks paid 10% on GIC's.
Thanks for the help. My only future expenses would be maybe like rent/new car when mine breaks. Not thinking about it a house for a long time. If I did have an expense in like 3-5 years, what would you say I should put that money in then? A GIC, HISA?
Help choosing ETFs Hey all, 34 year old here with annual income of about 120k CAD. I have $50,000 that I threw into a redeemable GIC last December until I got my head on straight and figured out what to do with it. I would like to invest it all in ETFs, but am unsure specifically which ones and why. If any of you had 50Gs to invest, where would you put it? I bank with RBC and live in British Columbia if that makes a difference. I'm looking for specifics here if anyone is kind enough to share their knowledge. I don't know when I'll need to pull it out, but probably not for at least a couple years if at all. Hopefully it will just grow into my retirement money. Bonus question: I was doubling up on mortgage payments for the longest time because I just didn't know what to do with my money (mortgage rate is 5.22%). Is this a dumb idea and I should just invest the extra money rather than put it on the mortgage? Thanks all
No. there is no minimum entry level. However, download ACTUAL legit trading apps, either through your bank institution or dedicated app like Wealthsimple (Canada) or Robinhood (US) Its like opening a new banking account, get asked a shit load of question, then account gets approved in a few days, you transfer money, and bam, ready to trade. The only "entry" amount you need is the ability to buy full share, if a stock is priced at 100, be prepared with 100 to buy it. thou some offer "partial share" ETF is just pool of money that a shit load of people like you and me pooled into thats buying abunch of stocks. Things like VOO buys everything in the market to try and simulate the market growth. Remember: Never buy stock with what you can't risk lossing, because theres fking risk involved. If you want to grow money safety, buy bonds or GIC.
There’s some older research that mentions diminishing returns once you get tons of~25 stocks. There’s also ensuring you purchasing multiple companies across the GIC sectors ( https://en.m.wikipedia.org/wiki/Global_Industry_Classification_Standard ). But…! The problem is that less than 5% of the market drivers performance. Most stocks are losers and there’s no guarantee that even large, well-established companies will stick around ( remember Kodak, Blockbuster, Compaq, Pan Am, etc?). So unless you are especially skilled at stock picking, and no offense but you probably aren’t, you should buy funds with hundred of companies in them. The more the better. Ben Felix just did a detailed analysis of this in a video entitled ‘The risk of (individual) stocks’. It’s true that individual company success pays off huge but the risk is great.
PRPFX is recency bias with its success. If you're buying a house in 5 years, you need to take a GIC, HYSA, or money market fund. You can't afford to lose out your liquidity in any risk.
You could probably just put $3,000,000 in a GIC and it'll do well. I mean, anyone with that mind of a head start in life would have to try hard to fuk it up and succeed. For anyone else even if they're a novice investor they'd do Ok with that kind of capital. Naturally a Warren Buffet type would become very rich starting off with such a sum to invest.
What is your window to withdraw? Your timeline seems flexible but if you need that money in an instant then prevailing advice is you probably want a GIC, however, I would argue that even if something like XEQT or VFV (I'm Canadian) can have volatility, in a 3-5 year timeline, you're most likely going to beat the 3-5% per year that will offer. This year's big drop at the beginning of April just reduced XEQT/VFV to what prices were in the middle of 2024... Personally, if my timeline was 3-5 years but I anticipate having a 6 month window to withdraw then I would bet my money on Equity ETFs and then just make sure I don't withdraw during a "low".
Just put it into a high interest savings account or GIC . Hasn't hit bottom yet.