I would also avoid anything the banks offers. Banks are like insurance companies.
Invest in regular mutual funds and look at their history. Even if the market collapses it will also recover. They always do. If it doesn't then even having money in a protected fund is not going to do you any good.
You would be better off buying can goods and ammunition.
Hey,
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Hope it helps.
Binary trading is notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: ( http://forexsignal.kyma.info ) I definitely recommend subscribing to this site in particular. I was a bit weary of binary trading from all the bad hype they receive but this site is pretty legit. This course explain everything you need to start a very profitable trading activity. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules
Just go for something inbetween. Look at balanced
or asset allocation funds. Over the long haul they
are some of the best.
You should diversify. This is a long term investment you're considering.
I am going to be investing in an RRSP with money being withdrawn from my account biweekly.
I plan to do this for the next 15-20 years. Should I get a typical mutual fund that the banks offer (low to high risk) or a protected mutual fund (your capital is guaranteed but the interest rate is extremely low--presently 1.25%)? I was only able to find one bank so far that offers protected mutual funds.
So basically it is a choice between a higher interest rate and risk or a low interest rate and no risk. Someone suggested to me that I get a protected mutual fund in case the market collapses.
Please advise.
