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Which Bond ETF Is The Preferred One To Invest $17,000 on Mon July 6/09

3K views 2 replies 3 participants last post by  Sampson 
#1 ·
My 5 year old Maple Trust GIC @ 4.55% matures for $17,000 on July 6/09.
I would like to reinvest proceeds in an ETF & note iShares & Claymore present a few choices & am looking for the highest return over next 5 years or so. I've recently retired in my late 60's.
Would I go far wrong in putting 50% in Claymore CBO 1-5 year laddered Corp ETF and 50% in Claymore CPB preferred shares ETF to boost returns? My asset allocation is currently 50% dividend stocks & income trusts and 50% bonds. Need quick suggestions for Monday ! Thank U.
 
#3 ·
My 5 year old Maple Trust GIC @ 4.55% matures for $17,000 on July 6/09.
The previous comment highlights the most important factor - risk.

You have to ask yourself why you are more comfortable with risk now than you were 5 years ago. Has something changed in your life that allows you to be able to eat a loss on your investments? If so then bonds, equities and other asset classes might be a better fit over GIC's.

I personally would not go for that 50:50 mix of the two holdings (but I'm not retired so its easy for me to say).
 
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