Reader Interactions


  1. I have a fair amount of my money invested in index funds but I also keep a fair amount in a high interest savings account for my eventual home purchase. Of course with the price of real estate in Canada, I’m not sure if “investment” is the term I would use.

    • Haha. Yeah, I typically don’t view my primary home as an investment, even in the U.S. You have to live somewhere. So, unless you have roommates, it takes money and doesn’t make money. I’m glad to hear that you’re investing in index funds. That is primarily what we do as well.

  2. Choose right one Stock Investing ideas and invest in “Blue Chips” high liquid Shares (not penny), to get 20%+ of annual return with low risk and diversification.

  3. Hi Laurie,
    Very well said – “Investing that money properly has the potential to make it grow exponentially”. In the fast pace life if anyone wants to make the future financially strong then it is necessary to start saving and take smart decisions of investment. Buying a home with a down payment can make you a homeowner. You can plan to give it on rent or you can live happily in it. Doing a research on your rental property is of utmost importance. You can also look for mortgage broker to get the best mortgage rate on purchase of a residential or commercial property.

  4. What do you think about investing in virtual money?

    • This type of investment does carry some risk, of course. In fact, it may be more risky than many other investment options. Before investing in any type of virtual money or cryptocurrency make sure you understand those risks. Diversification would probably be wise. Also, since this is a relatively new way to invest, if you are at all unsure it might be a good idea to consult a financial advisor first.

  5. What about putting the money in a CD? I thought of doing it for 5 years so at least I would get interest.

    • A CD can be a great way to get a return on your money and is one of the safer investments. However, the returns are usually much lower than what you could get investing in real estate or the stock market. For instance, some banks offer CD’s for 1 year at 2.5%. However, many crowdfunded real estate companies provide over 10% returns as do some index funds. However, there is more risk involved. So, really you have to invest the money in a way that aligns with your risk tolerance.

  6. What are the best investment resources for baby steppers?

    • Well, everyone’s needs and investing budgets are different, so you might have to scope out more than one avenue until you find the one that is right for you.

      Good luck in your investing efforts!

  7. Is buying a condo in a Wyndham Resort a profitable investment, or are they not telling us about hidden costs?

    • There are way too many factors involved for me to know that. For instance, What is the market like there? What is the cost in comparison to other properties and what is the state of the real estate you are considering? You would have to do some homework to determine if it is a good investment or not.

      I hope some of this helps you make some sound real estate decisions. Good luck!

  8. There are different types of Index Funds. Which ones provide the best rates with no risks involved?

    • As you know, the rates can vary and change often. In addition, there is always risk involved. You just need to compare and see what you like the best before investing.

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