OK, So if you had $5000 in expendable cash to invest into something...
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renegade x
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Hookers and Blow!!! What the hell is wrong with you guys 
ferniesnow
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We are not talking about a lot of money. So, I would give it to my wife and I'm sure I would get a good return; whether it be in laughs and giggles, a good story for the years to come, or whatever........In my life style it would be well worth the investment.....
kimrick
RIP Fellow Sledder
Netflix!
Take a look at their track record on the stock exchange.
Pretty impressive.
Every day a video store closes I rub my hands together and get this greedy feeling.
Take a look at their track record on the stock exchange.
Pretty impressive.
Every day a video store closes I rub my hands together and get this greedy feeling.
gates559
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Gold and silver hands down. Bit coins could also be a good choice but are pretty risky.
I would buy two ounces of gold and the rest in silver. Cheapest bullion you can get. No etfs
stock market could pay off big right now as well but is also very high risk with the state the economy is really in.
I would buy two ounces of gold and the rest in silver. Cheapest bullion you can get. No etfs
stock market could pay off big right now as well but is also very high risk with the state the economy is really in.
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Braddock54
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Blackberry. Without a doubt.
whoDEANie
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Bitcoins seem really risky to me. Then again, I'm not much of a gambler. Overall, gold prices are on a downward trend at the moment, so it is likely to continue declining. If you are in for the long haul, it might be a good time to buy gold. If you want to make a quick buck, you might want to shy away from gold for the time being. I'm no economist, but some of the more investment savvy S&M'ers might be able to help you out if you let them know whether or not you intend to make a long term investment.
gates559
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This is very true and there are plenty of predictions that precious metals will continue to fall, there are equal number of predictions that it will skyrocket.
Investing is always a big gamble no one knows what will happen. Its nearly impossible to predict, usually the opposite of what you expect will happen.
sumx54
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My grandfather always told me "gold will ALWAYS remain the last and only currency in the world when it all goes for sh!t" ... Should have listened to him while gold was cheaper than weed. But Noooooooo.... Puff puff pass.
whoDEANie
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No kidding, eh? I don't have 1oz of gold even though I was pretty sure gold would skyrocket at least 10 years before it happened. Friggn'n retarded I am for not following my own advice. Even more retarded, I lost a third of my pension earnings because I was too lazy to go to the bank to transfer as much as possible into gold right after the market crash. Gawd, I'm sure laziness is the single most expensive luxury a guy can afford himself!
SavageCanuck
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If you do not have a TFSA you should put it in one as far as what you want to risk in your TFSA thats up to you.RRSPs are turds
moyiesledhead
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gates559
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i hate tax free savings accounts. Pay tax now or defer it till later. Taxes only go up, not down. You will loose in the long run.
your money is locked in and if you want it you pay big to get it.
summit1974
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if you can get 12% on an investment your money will double in 6 yrs.You want high risk gold or silver is not a good idea.Gold has to double in value to double your money.I would say you missed the boat on the bitacoin thing.I would buy shares in Esso.
gates559
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Esso is just as risky, a large spill next week would send their stock down and it takes a long time to recover. All investments are risky!
Bnorth
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You said TFSA but then went on to describe an RRSP.
somethingnuw
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wait i thought they couldn't touch tax free saving account? That's the point their tax free? When i pull em out isn't the money mine? Your explanation is why i don't buy RRSP's... I have two kids anyone have an opinon on RESP's? Boys are 3, 10 months and one in the oven!
Sorry if i stole this post just seemed like it was going in the right direction with the last few answers
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omullinger
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