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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
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.
I'm in the same position as you and have done the same. I'm currently keeping in a GIC and looking at some hysa. We need it for a house either this year or next year, it's not worth the risk keeping it in the market. The market is way too volatile and could even end up in a deep recession/depression.
You're doing exactly what you're supposed to do - longterm money should stay in the markets if you don't need it for a long term. Short term money like anything you plan to use for a downpayment is good in HYSA or GIC style guaranteed (lower) return investments because you don't want to expose money you need in the near term to the risk of market volatility (in case the market and your personal timing don't overlap well).
I have 80% invested in IYK which is consumer defensive. Then I have value picks like Intel and google. Simple and effective. Will be rolling with this for the next few months. If there’s trade deals I will jump back into SPY or QQQ. I don’t mind leaving potential gains on the table. It’s all about risk management right now. I also have a GIC due to mature in August. I will have more cash by then.
Lost about $15k in stocks so far. About 65% of my investments are in GICs averaging about 4.25% overall. Best GIC is 5.5% and lowest is 3.28%
Apologies, I’m in Canada so what you say may very well be true for your situation. For me, cash and GIC’s are the way to go until the path steadies somewhat. Funny how so many are worried about inflation while happily losing major gains every week these days. Risk of inflation with my full portfolio seed fund intact still seems wiser.
Basically a CD (Certificate of Deposit) in US; GIC is the Canadian version.
I liquidated in March and is all cash. Probably gonna park my money in gold and GIC until midterm in US in 2026.
Im a 21 year old Canadian. With your income, are you able to max contribute to both the tfsa and fhsa? You mention you have little to no expenses. 3,000 saved in a month. After max contributing both accounts, you can put a little in your RRSP (though not really worth the tax benefit considering you also have the FHSA) but otherwise, save cash. Perhaps in GIC’s. If you intend to use that FHSA soon, you could also use extra cash for a larger down payment, or to help cover moving expenses
from the 110, I'd put 90k in s&5 500 for safe investment, and 10k in bitcoin, and 10k in QQQ. you're young, you can afford to lose 10-20k, but you wont be able to make such risks in your 40-50s. for the 10k that is for emergency, put it in a cashable GIC, so you still earn interest on it.
>Anyone who is the least bit risk averse and is able to pull back on investments are doing so. I dumped all my index funds when the market went green last week, shifted into a GIC with 6 month maturity. No confidence in the markets right now. Chaos and uncertainty is the kiss of death for investment dollars.
I'm terrified one level higher, GIC over index fund.
Unless you're willing to do some real estate or be an entrepreneur, over the long term that leaves the stock market. Cash unfortunately is good for the short term, but terrible for long term, even if it's a GIC or HYSA, you won't retire with just that. If you have a long term horizon (15+ years) before ever needing to touch your investments, you should be fine. The longer you remain invested, the better the success rate.
If you need it in a couple years you want it in a savings account or a GIC.
I hope he learns lessons. I feel bad for him. Hope he will be more disciplined with money. Start learning about Investment from the beginning and go slow with investment. GIC will be a good start if he does not want to loose anymore money. Then move on to ETF. There are many good advices from the FIRE group chats. Most of them have conservative and long term plans with investment. Good luck.
As an American, I wish I could do your GIC. I have no idea what it is, but at least I’d get off this ride haha
They couldn't even make it illegal for Congress to stop trading stocks. I'm a Canadian. All my TSX and US stocks are shitting the bed right now. I might just cash some stuff out and move it to a GIC (Canadian Guaranteed Investment). Kind of like a bond, but it isn't a bond at the same time.
How dangerous is a tweet , well yesterday someone tweeted that Trump would pause the tariffs for 90 days. The market went up by 2.4 trillion. Even Bloomberg and CNBC reported on the tweet as great news. But the tweet was fake. Tweet since taken down. Markets down again. Dangerous times we are in. My brother has pulled out and put all into GIC . Myself unsure l know if l speak with my F.A he will encourage me to hold. What a delimma.
How dangerous is a tweet , well yesterday someone tweeted that Trump would pause the tariffs for 90 days. The market went up by 2.4 trillion. Even Bloomberg and CNBC reported on the tweet as great news. But the tweet was fake. Tweet since taken down. Markets down again. Dangerous times we are in. My brother has pulled out and put all into GIC . Myself unsure l know if l speak with my F.A he will encourage me to hold. What a delimma.
How dangerous is a tweet , well yesterday someone tweeted that Trump would pause the tariffs for 90 days. The market went up by 2.4 trillion. Even Bloomberg and CNBC reported on the tweet as great news. But the tweet was fake. Tweet since taken down. Markets down again. Dangerous times we are in. My brother has pulled out and put all into GIC . Myself unsure l know if l speak with my F.A he will encourage me to hold. What a delimma.
How dangerous is a tweet , well yesterday someone tweeted that Trump would pause the tariffs for 90 days. The market went up by 2.4 trillion. Even Bloomberg and CNBC reported on the tweet as great news. But the tweet was fake. Tweet since taken down. Markets down again. Dangerous times we are in. My brother has pulled out and put all into GIC . Myself unsure l know if l speak with my F.A he will encourage me to hold. What a delimma. Trump is manipulating the markets. The only thing Trump knows how to do is steal that he does well give him 4 stars for that. He is financially illiterate.
How dangerous is a tweet , well yesterday someone tweeted that Trump would pause the tariffs for 90 days. The market went up by 2.4 trillion. Even Bloomberg and CNBC reported on the tweet as great news. But the tweet was fake. Tweet since taken down. Markets down again. Dangerous times we are in. My brother has pulled out and put all into GIC . Myself unsure l know if l speak with my F.A he will encourage me to hold. What a delimma.
Cash everything out and put it in a 5yr GIC.
We did the same thing and put some in GIC's. Did this before this shit show so didn't lose. So thankful right now because are close to retiring.
I think his 60/40 is fine, I think 30/70 is too agrgessive or not aggressive enough. 60/40 is still considered somewhat safe. I think 60/40 is a good middle ground. Good advice, I am not disagreeing with you. He could put new money into something safer, GIC, 30/70 portfolio.
I'm a Canadian investor as well. I was already restructuring my investments (retired and living off them). I've pulled everything and not reinvested significantly. If you've read history the upcoming months could be horrific. That said, I am now looking at diversification, especially in Euro and GBP denominated assets. I am sitting mostly in USD, and that is risky. I will probably put money into some Canadian banks (stable equity) a limited play in Euro equity (defence focus) and the rest will sit in GIC and other relatively secure investments. Yes, I will miss the bottom of the current market before I move back, but I am prioritizing preserving capital. The reality is we could see negotiations and moderation by Trump and then today might be the bottom for the markets. But, I suspect this won't be over this month, or possibly this year. This is a unprecedented change. No one knows what will happen and anyone who tells you to stick to your usual strategy.... they are probably trying to keep you invested with them. This will be a recession year, and I pray, but won't bet against, a genuine depression. Withdrawing from equity, risky securities, is not a crazy idea based on where Trump seems to be going.
I'm canadian and I just got out of the markets today they're all waiting until tommorow when the market opens to get out but I'm not screwing with this, I'm holding my bitcoin but that's it, keep stuff in GIC's and take the steady ride I dont even know much about investing and this seems obvious tariffs arent going to help the economy at all especially canada
Ugh. Wish I’d cashed out every equity I had that was in the green in early Feb instead of just some of it. I’ll still hold the likes of Apple, NVDA, Gold, T-Bills, S&P & NADSAQ 100 ETF positions that I only entered recently, along with some commodity-ish stuff but uggggh…should’ve just locked in 6% GIC rates 2 years ago and let it be.
Thank the Lord cheesus crust I have a large portion of capital in a GIC. It's going to offset this horror.
This makes me feel better about my comparably insignificant losses. Now you are forever going to be High yield savings account and GIC, bonk. You will be back
Pet insurance is by definition a negative sum game. You will on average be paying far more into it than you’ll get back. It’s only meant for people who can’t afford a sudden big bill. You’re much better off setting money aside yourself if possible. That’s said, $TRUP stock doesn’t seem like a good place to hold vet funds imo. Way too much volatility. I have an account where I invest all the funds I have set aside for my dog, but it’s in GIC’s, money market, etc where if I need to pay $6k tomorrow for emergency surgery I know the money will be there.
Ya I was gonna buy a GIC Friday and I just figured the rates are so low I'll just sit on cash.
I've been investing for about 15 years. Other dips I've rode but this one is built around a lunatic who is changing his mind day in and day out so I don't really feel like there is an upside risk ie, there is no chance to MAKE money. So I sold on Friday and moved to a high yield GIC. Will it be the best idea ever? I dunno, but I have a busy job, and 2 busy kids under 4. I don't have time or energy to watch the markets constantly to time dips. Now I know I can sleep at night now worrying about waking up to 5 years of gains gone. That to me is worth A LOT more than a little upside when the markets go back up.
I got another 100k loaded in a GIC for other potential opportunities and 60k on hand for expenses and emergencies .
With a 6-year time frame and a preference for moderate to low risk, you’ve got some solid options. A mix of equities and bonds through broad market ETFs (like VFV or XEQT for growth and ZAG or VSB for stability) could be a good balance. If you’d rather keep things simple, something like VGRO (80/20 stocks to bonds) or VBAL (60/40) could work as a set-and-forget approach. If you’re prioritizing capital preservation, a GIC ladder could lock in decent returns while keeping liquidity at different intervals. On the other hand, if you’re open to alternatives that offer stable yields without stock market volatility, something like Kasu could be worth looking into. It provides access to risk-optimized lending markets, which can generate higher returns than traditional savings options while still keeping risk in check. Some people also like REITs for real estate exposure without the hassle of owning property, or structured yield products that give some market upside while protecting against downside risk. It really depends on how much growth vs. stability you’re looking for.
I went from 100% diversified to 100% GIC thank god got off the nvdia train in time, I just can’t see how I would put money in the market right now
That is a tall ask. I'll try. There are three things you care about: price, coupon, yield to maturity (ytm). ytm is the annualized return you will get if you hold the bond to maturity. |Bond|Maturity|Price|Coupon|YTM| |:-|:-|:-|:-|:-| |Bell|2035-03-16|112|6.1|4.50| |Chevron|2050-05-11|69.56|3.07|5.27| |Brookfield|2035-06-14|60.325|0|4.98| The brookfield one is the simplest. You pay $60.325 today for $100 on the maturity date. That bond will pay you nothing to hold it but in the future it will be worth $100 and you paid \~$60. No income until then. Easy. It works almost exactly like a GIC. You put your money in and in 2035 you get that. The Bell bond has a coupon greater than market value. Price is > 100; yield to you will be 4.5%. So if you buy $5000 future value, you will pay $5600, but you'll have a coupon for $300 a year. So paying above market reduces the YTM so the bond yields you \~market rates. The Chevron bond is below market value so you pay a discount. $3478 but you get $5000 in 2050. The yield if you held that would be the sum of coupons + increase in face value to 100. Thus it's 5.27% yield to you. There are some nuances, but the brokers make money on the spread; there's a bid price and an ask price. That's similar to how currency works. You pay the ask price. When you sell the market pays you bid price. There's always a gap.
Pay off debt. Put remainder in a cashable GIC ladder for a year while you think, make plans and get advice. Properly,Set up your wills, POA, insurance, ADD, LTC etc See a fee only CFP and get clear understood independent advice before doing ANYTHING ELSE. One plan might be: Invest the rest with a market etf with minimal fees. Eg 750 at 6% for 20 yrs to retirement should yield 2.4 M$ that can generate an income of 96,000 per year safety. Maximize the use of TSFA AND RRSP accounts to hold your investments and maximize tax savings. Learn about all this stuff before doing it.
It’s just how I chose to describe my preferences, I feel like people (not so much you, but other commenters) took that way too seriously. I have savings accounts, and am constantly waiting for the first of the month to see how they did. I often have foreign currencies in my PayPal account, and I really get a kick out of watching the equivalencies change, trying to decide when to exchange it. I previously had a TFSA that was split between GIC’s and whatever the other option was, and they were both too slow and too low for me (I made less in comparison to my regular savings). I guess basically, I just want to watch numbers tick up.
You know it's been a rough patch when you check in to see what GIC rates are.
Same here all out and a nice 5.25% GIC due in 2.5 years. Building up my cash account for forthcoming deals that most people are saying won,T hapen anytime soon. OK I do me you do you is what I think to myself at the moment. Thinking of Jesse Livermore and the hotel closet he ended his days in.
I just sold all my stocks, holding cash in HISA and GIC’s for now, also have Real Estate. I know I might be missing out on gains, but that’s my level of risk and this instability is alarming.
Gold will go down if the war between ukrain and russia end. If op want safe ,just put in GIC.
I presented a series of facts and how I came to the numbers I did. There is nothing misleading about anything I have said. You keep talking about risks but are yet to provide any rationale. There are risks with any investment that isn't a GIC. I merely provided a breakdown of their financial situation and explained the tools I used to come up with valuations. You are entitled to disagree but i have not with held any financial information that could lead to my post being "misleading" This was never intended to be a comprehensive DD on rvsn, it is a comprehensive analysis of their financial situaion and adds something new to the research has been done on this company and is public all over the forums. I can and will update this post to include a link to the comprehensive pile of dd that has been done. Have a nice day 😊
That's not what I meant. I would lock it into a GIC for the year. or some portion of it. I can get 4% but that's sort of low. Still better than my conservative mutual fund which went down by 40$ this year. garbage.
Probably try to convince him to set a portion of his cash in the banks GIC to make him a believer. I mean it’s crap interest on the GIC and it’s no where near the investment yields from let’s say stocks or mutual funds. But he may need to “make believe” before he’s a believer.
If you truly don’t need an emergency fund, you might be better off putting it to work. But if it helps you sleep at night, a high-yield money market fund or short-term T-bills could be better than that weak 0.85%. No need to lock it in a GIC unless you’re okay with less flexibility.
I put $100 into a 5-year GIC once. I made $1.