cross-posted from: https://programming.dev/post/28035609

From my reading so far I’m looking at ETFs with WS, and that I should start with the TFSA. Am I on the right track and what do you recommend?

  • HonoredMule@lemmy.caEnglish
    2·
    2 days ago

    Seconding GICs. I think market uncertainty is pretty much at peak right now, and there are a lot of GIC options that trade between guarantee and potential – but the closest they come to “risk” is having the money locked in for some period. Short of civilization collapsing, your money will grow.

    • Rentlar@lemmy.ca
      1·
      2 days ago

      Short of civilization collapsing, your money will grow.

      Exactly, this is how I get over the what-ifs and worry related to risk as someone more averse to it. If I lose 50% of what are supposed to be my stable investments, I probably have other bigger problems to deal with than my investments.