Investing my tax return.

[el_fefes]

Hello all,

I am getting around $1700 back from the gov't and I want to invest it. I have an RRSP with work already and a TFSA with my bank... I've been wanting to start investing in stocks or something that will generate more money...

What would you guys recommend? Btw I'm a noob at stocks.

[Nigel Mansell]

Put it all on black

[Euro_Trash]

Originally posted by el_fefes
I've been wanting to start investing in stocks

What would you guys recommend? Btw I'm a noob at stocks.

First invest in some books, never hurts to learn before investing

[TYMSMNY]

You know, books are a great way to start but even before that... you can play your "stock games" inside a RRSP and TFSA. Both of them can be SELF-DIRECTED, just ask your bank (may require opening up another account with bank). No need to use your tax return to do so.

[Xtrema]

TD Waterhouse and others have free seminars. Don't hurt to learn before jumping in.

[el_fefes]

Sweet, thanks for the replies guys. My GF's stepdad has been investing for a while. Looks like he will help me out.

I didn't know you could do trading inside a TFSA...I'll look into it.

Yeah I definitely need to get a grasp on trading.

[e36bmw///]

nm

[Dilmah]

Originally posted by Nigel Mansell
Put it all on black

Normally I'd agree, but today I leaning more towards red!

[CHICHARITZHI]

[QUOTE]Originally posted by Nigel Mansell
[B]Put it all on black RIMS ...

[natejj]

Originally posted by Dilmah


Normally I'd agree, but today I leaning more towards red!

Tried this twice this weekend, lost $20.