Where to invest $15,000

josh1979 · 08-04-2009, 05:48 PM

Some background:

- No debt, no mortgage
- max'd out on RRSP and TFSA

I'm looking to start a non-registered investment account with my online broker and would like to invest about $15,000. I'm looking for moderate risk / moderate gain. I'd be investing for two or three years minimum (likely longer term). I'm leaning away from GICs and more toward ETFs.

Any suggestions would be great.

moneygardener · 08-04-2009, 07:23 PM

Your time horizon is too short for any equity exposure. If you want to buy ETFs, I would stick with bond ETFs. If you are sure that your time horizon for the money will be longer than 5 years, I would include equity exposure, but still a moderate amount (10-40%).

CanadianCapitalist · 08-04-2009, 07:32 PM

I'd personally put short-term investments in GICs or Bonds maturing when I need the cash. Even bond funds are risky over short time periods.

$1600 Gold by 2011 · 08-04-2009, 09:07 PM

Gold is still a steal here. Gold bullion/coins for low risk/moderate reward especially for your time frame. And you don't have to worry about taxes!

If you insist on putting money in an unregistered account or don't like gold because it doesn't generate income then buy a large cap gold stock and keep writing covered calls on it every month.

yyzvoyageur · 08-04-2009, 09:19 PM

Quote:

Originally Posted by $1600 Gold by 2011

Gold is still a steal here.

Isn't gold at an all-time high?

$1600 Gold by 2011 · 08-04-2009, 10:09 PM

Quote:

Originally Posted by yyzvoyageur

Isn't gold at an all-time high?

Nominally, maybe. Gold will continue to rise on the back of the falling USD.

CanadianCapitalist · 08-05-2009, 08:43 AM

Quote:

Originally Posted by $1600 Gold by 2011

Gold is still a steal here. Gold bullion/coins for low risk/moderate reward especially for your time frame. And you don't have to worry about taxes!

If you insist on putting money in an unregistered account or don't like gold because it doesn't generate income then buy a large cap gold stock and keep writing covered calls on it every month.

I have to disagree strongly with this suggestion. Money you'll need to access over the short term belongs in the safest possible instruments such as GICs or Government bonds with matching maturities. It doesn't belong in extremely volatile asset classes where you run a significant risk of a capital loss.

furgy · 08-05-2009, 09:28 AM

Moderate risk/gain ?

I'll echo the above opinions and say that gold is not a good investment , unless your stocking up on guns , ammunition and canned goods in your underground bunker.

GIC's and gov. bonds are low risk and low gain.

Well managed REIT's , they will give you a much better return than GIC's or Government bonds and are still very liquid when you need out.

Just do your due dilligence , IMO , REIT prices wont go lower than they have already , you will be paid well to own them and still have a good shot at capital gain.

thedividendguy · 08-05-2009, 03:10 PM

To keep things simple, you could look at ING Direct.

To be in equities you need to be committed to long term, and if things tank (think 2008) then you may all of a sudden become a very long-term investor!

Rickson9 · 08-06-2009, 02:35 AM

Quote:

Originally Posted by josh1979

Some background:

- No debt, no mortgage
- max'd out on RRSP and TFSA

I'm looking to start a non-registered investment account with my online broker and would like to invest about $15,000. I'm looking for moderate risk / moderate gain. I'd be investing for two or three years minimum (likely longer term). I'm leaning away from GICs and more toward ETFs.

Any suggestions would be great.

You should invest where you have an advantage. If you are knowledgeable in bonds then you invest in bonds. If you are knowledgeable in stocks, then you invest in stocks. If you don't have any advantage then you should invest in a low-fee index or GIC. Since your time horizon is 2-3 years, then I would suggest a GIC.

08-04-2009, 05:48 PM	#1
josh1979 Junior Member Join Date: Aug 2009 Posts: 1	Where to invest $15,000 Some background: - No debt, no mortgage - max'd out on RRSP and TFSA I'm looking to start a non-registered investment account with my online broker and would like to invest about $15,000. I'm looking for moderate risk / moderate gain. I'd be investing for two or three years minimum (likely longer term). I'm leaning away from GICs and more toward ETFs. Any suggestions would be great.

08-04-2009, 07:23 PM	#2
moneygardener Member Join Date: Apr 2009 Location: Brantford, Ontario, Canada Posts: 73	Your time horizon is too short for any equity exposure. If you want to buy ETFs, I would stick with bond ETFs. If you are sure that your time horizon for the money will be longer than 5 years, I would include equity exposure, but still a moderate amount (10-40%). __________________ the moneygardener -shovel ready

08-04-2009, 07:32 PM	#3
CanadianCapitalist Administrator Join Date: Mar 2009 Location: Ottawa, Ontario Posts: 886	I'd personally put short-term investments in GICs or Bonds maturing when I need the cash. Even bond funds are risky over short time periods. __________________ Canadian Capitalist -- A Canadian Personal Finance Blog

08-04-2009, 09:07 PM	#4
$1600 Gold by 2011 Member Join Date: Jun 2009 Posts: 98	Gold is still a steal here. Gold bullion/coins for low risk/moderate reward especially for your time frame. And you don't have to worry about taxes! If you insist on putting money in an unregistered account or don't like gold because it doesn't generate income then buy a large cap gold stock and keep writing covered calls on it every month. Last edited by $1600 Gold by 2011; 08-04-2009 at 09:13 PM.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

08-05-2009, 09:28 AM	#8
furgy Member Join Date: Apr 2009 Posts: 90	Moderate risk/gain ? I'll echo the above opinions and say that gold is not a good investment , unless your stocking up on guns , ammunition and canned goods in your underground bunker. GIC's and gov. bonds are low risk and low gain. Well managed REIT's , they will give you a much better return than GIC's or Government bonds and are still very liquid when you need out. Just do your due dilligence , IMO , REIT prices wont go lower than they have already , you will be paid well to own them and still have a good shot at capital gain.

08-05-2009, 03:10 PM	#9
thedividendguy Junior Member Join Date: Jul 2009 Posts: 11	To keep things simple, you could look at ING Direct. To be in equities you need to be committed to long term, and if things tank (think 2008) then you may all of a sudden become a very long-term investor!