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Best and safest investment

Barca

Active member
Sep 8, 2008
2,062
4
38
EQ Bank offers a daily checking account that pays 2.3% - not that great, however no risk involved.
I don't have a problem with putting money into a deposit product, but calling Equitable "no risk" is a stretch. Just look what happened to Home Trust 2 years ago.

Deposit enough to be covered by CDIC insurance, ok, that's no risk. Anything above the insurance amount, you re relying on the credit worthiness of the company.
 

faveone

This is just a hobby
May 1, 2002
874
802
93
GTA
I've been buying silver from GoldenBullionSuppliers, PMX and any wholesaler that has good prices. Anyone check price of silver today? Has gone up 25% since my last post! Not sure if anyone listened to me when I suggested a stock a few years ago which took off? I suggested silver a month back. Telling you it will double within a year especially if the media in the USA starts to use the word 'recession' ! You've been advised! :)

And I believe in holding Bullion (bars, rounds, coins) NOT certificates. When the time comes I want to make sure I have it in hand. You can never know what's going to happen to the banks. Those who believe that banks would never close their doors are just blind! I've personally seen it happen twice (I was in Europe at the time it happened). To think it wouldn't happen here is just naive. How many of you heard about the 'bail-in' that happened in Turkey just a couple years ago? If you think it can't happen here then I've got news for you... government has recently changed the laws so that they can!

http://www.mondaq.com/canada/x/747150/Financial+Services/Canadas+BailIn+Regime+Now+in+Force
 

faveone

This is just a hobby
May 1, 2002
874
802
93
GTA
Silver hit high of $26.19 in trading today! :applouse:
 

WULA

Well-known member
Aug 12, 2012
604
384
63
Gold bullion and gold producers (GDX).

US Treasury bonds (TLT).

Cash.

It is a weird time to try to invest wisely. And gold and bonds may be in for a short term pullback.
 

Ceiling Cat

Well-known member
Feb 25, 2009
28,188
1,102
113
Well, so much for the big banks being a safe investment. Man, it's been a rough few weeks.
When safe stocks are down that is when you get in and invest for the future.
 

Insidious Von

My head is my home
Sep 12, 2007
38,084
6,421
113
Well, so much for the big banks being a safe investment. Man, it's been a rough few weeks.
Depends on which bank you invest in. TD put money into the American economy during the Financial Meltdown (primarily Morgan Stanley), they have reaped handsome rewards from it. There are TD ATM's all across NYC, some have told me California as well. Bank of Nova Scotia has moved up - although Tangerine sucks. RBC has moved down which surprises me, they took the biggest hit in September.
 

niniveh

Well-known member
Jun 8, 2009
1,107
198
63
Investing longterm in CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technology is the future to cures and transplants, and like BITCOIN will bring in huge benefits. The problem with this technology in the past is the time and expenses to the tune of $20 million in patent challenges in the USA. However, in the Europe this technology has advanced, so now is the time to start doing your research in this respect.
bver_hunter:
CRISPR is promising technology in oncology but good science doesn't always yield high returns and it certainly is not for the faint of heart. If I had bought CRSP in May 2018 (when you posted) @ $68.91 I'd be down 45% today ($37.91). Just by fortuitous comparison BCE a year ago in Oct 2018 was $50.95 and closed last week @ $64.11 or a gain of 26% (plus a dividend of 5%). Hind sight is always 20/20 and there are of course no guarantees for the future. And there are a dozen reasons why these two stocks are apples and oranges and as I said a fortuitous comparison. Cheers.
 

niniveh

Well-known member
Jun 8, 2009
1,107
198
63
If you invested in CRSPR just hold on and enjoy the breakout. Over $54 today and headed for $65 according to one analyst.
 

Spacealien2

Well-known member
Apr 29, 2012
1,838
177
63
Heaven
This is hilarious, but I found a stock that is immune to the coronavirus.

Peloton (PTON). Made 6k off it yesterday already. Bought about 100x out of money calls.

To be fair PTON has been 100% predictable in the past month or so. Up and down every week. Safe investment.
 
The more you put into bonds the safer.
It could not be easier
Huh? What about duration risk? Today in the US we are at all-time low interest rates and not that different in Canada. If you buy a nice "safe" 30 yr US Treasury Bond and for every 1% increase rates you lose about 16.9% unless held to maturity (and continue low rates) - other factors equal.

Just to get to long-term averages rates would have to increase 4-5% with huge bond losses. Today we have artificially low rates mostly since there is about $14 Trillion of NEGATIVE yielding soverign debt so any positive rate is better than negatives in much of the world.

For every 1% increase in interest rate bonds would lose about 1% times duration - other factors equal.

Bond holders have had a great ride in the last 10-years making money on the declines in rates. Today the risk of higher rates over the next few years is far greater than even lower than all-time low rates currently in my view.
 

black booty lover

Well-known member
Oct 21, 2007
9,738
1,653
113
Worst advice on this thread.

Crypto currencies will not end well. Bit-coin is nothing more than a way to transmit money and there are lots of ways to do that. The only reason bitcoin grows in value is because other people are willing to pay more due to the FOMO factor. Eventually, the bottom will fall out of the pyramid.

Hope people took my advice here, and this crypto currency crash will continue and never rebound to anything significant because maybe people are finally realizing it's not money, and nor does it produce anything?
 

guyfromtdot

Active member
Jul 6, 2015
173
26
28
Tried and true. Never fails. Was given this advice years ago. Want to know what to invest in? Take a look at where you spend your money every month. Note these are mostly safe and slow growers but many/most pay dividends!

Rogers'Bell - your monthly communication bill isn't going away folks!
TD/RBC/CIBC/Scotia - they get your money every month in fee's etc
Costco/Walmart/Loblaws/Home Depot/etc.. take a look and you'll see that each and every one of these major retailers have been killing it for years !!
Hydro companies... do you have a choice but to pay your hydro bill?
Gas companies - every major gas company has done amazing year over year! Price of gas is $1.37 litre?!?!

Then you have your emerging tech companies. Anything to do with renewable energy will pay off!

Apple/Amazon/Microsoft? even at $1000 a share they are stlll good investment! Why? because they aren't going anywhere! Couple of years ago a friend talked me into 'trying' Apple. Bought 60 shares at $500. Went to $700+ and then split 7 to 1 and today it's back up to $180! Where is it going to go? Probably $500 again I hope !! LOL !!
The US is bringing up talk of CBDC's what will the banks do in that case? If crypto is a race to the bottom with fees. Does that change your opinion at all
 

faveone

This is just a hobby
May 1, 2002
874
802
93
GTA
The US is bringing up talk of CBDC's what will the banks do in that case? If crypto is a race to the bottom with fees. Does that change your opinion at all
Not really. Look at what's happened with oil prices. Imagine if you bought company like Birchcliff even 6 months ago? Prices are going just one way... up
 

guyfromtdot

Active member
Jul 6, 2015
173
26
28
Not really. Look at what's happened with oil prices. Imagine if you bought company like Birchcliff even 6 months ago? Prices are going just one way... up
Why not really? Do you know what a CBDC does? Issued by the fed all you would need to do is usedthe proper wallet to access your CBDC. I dont see where banks play a role in that world
 
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