Official Short-term Investments Thread

[szw]

Any ideas for good investments right now? I just wanna put my money somewhere so I won't spend it, and also earn some more with it.

[pinoyhero]

Tough question, after the year the market has had its tough to think things are going to stay hot, if your not too market savy I would head to your bank and have them profile your risk tolerance for a mut. fund.

[szw]

Dont know much about financial stuff at all...any recommended books to start learning? There were just too many out there and I couldn't decide which good books to buy (or online reading material)?

[pinoyhero]

Originally posted by szw
Dont know much about financial stuff at all...any recommended books to start learning? There were just too many out there and I couldn't decide which good books to buy (or online reading material)?

I would prefer to answer this in my question thread so others can see it but in any case, depending on your level of education to this point a decent start would be the canadian securities course. Even if you don't want to pass or take the test the books are quite useful for entry level finance.

[Shaolin]

You might want to talk to your broker and see what kind of tips they can give you. Like pinoy says, on your spare time try taking the CSC.. I'm telling you now, the course is intense.

[Davetronz]

I am one sorry unit, my parents deal with all my investments.
I know how much I have, and thats about it...

[roopi]

www.investopedia.com

Check out some of the beginner tutorials maybe?

[Weapon_R]

Buy some land in bearspaw

[3G]

go to the bank and ask for the highest interest paying account!

[pinoyhero]

Originally posted by Mx6GtTurbo
go to the bank and ask for the highest interest paying account!

Yes do that and they might give you .5%!

[4G63Power]

Originally posted by pinoyhero


Yes do that and they might give you .5%!

you can get quite a bit more than that

[3G]

Originally posted by pinoyhero


Yes do that and they might give you .5%!

Originally posted by 4G63Power


you can get quite a bit more than that

I've been hearing people are getting 5% and shit depending on the amount

[Weapon_R]

A place on 16th avenue (small financial place) is giving 4.5%, but you have to lock it in for 5 years. It's pretty worthless.

I locked in at First calgary at 10% for 5 years in 1999 - those were the good old days.

[szw]

Yeah I can get 5%, i'm looking for something a bit more.

[Paul]

man, i got some really hot stock tips right now, but not having my CSC i can get in a lot of trouble for offering advice. Do some research on a company that you have interest in, start an account with a discount brokerage and start investing. Learning on your own is the best way, i will have my Finance Degree at the end of April, but almost everything i have learned is through personal experience. One such discount brokerage you can try is Action Direct through the Royal Bank, but you'll first have to be approved. Try your local Bank branch as they will likely have services to offer you similar to these.

[pinoyhero]

Originally posted by Paul
man, i got some really hot stock tips right now, but not having my CSC i can get in a lot of trouble for offering advice. Do some research on a company that you have interest in, start an account with a discount brokerage and start investing. Learning on your own is the best way, i will have my Finance Degree at the end of April, but almost everything i have learned is through personal experience. One such discount brokerage you can try is Action Direct through the Royal Bank, but you'll first have to be approved. Try your local Bank branch as they will likely have services to offer you similar to these.

There are no issues with recommending stocks, you can't get into trouble. If you had your CSC and you started giving tips to people, claiming that you were certified you would probably get into even more trouble. Post your hot stock, lets see it...

The problem with trading your own portfolio is that you have to have enough money to cover your fees, trading a small account is tough.

[Paul]

Aber, mines diamonds in the NWT, ownership of 40% of Diavak partnership. Expectations that their kimerlite pipes hold nearly 10% of the worlds diamonds. 2 major player's trying to buy them out as they can't afford to let this little company become a major player in this market (de Beer's and Rio Tinto). They have already made contracts to sell diamonds to Tiffany's (and already sold some). Canadian diamonds are of the best quality.

Ticker: ABZ on the TSX

Gonna retire when the stock hits $60.00

[4G63Power]

Originally posted by Paul
Aber, mines diamonds in the NWT, ownership of 40% of Diavak partnership. Expectations that their kimerlite pipes hold nearly 10% of the worlds diamonds. 2 major player's trying to buy them out as they can't afford to let this little company become a major player in this market (de Beer's and Rio Tinto). They have already made contracts to sell diamonds to Tiffany's (and already sold some). Canadian diamonds are of the best quality.

Ticker: ABZ on the TSX

Gonna retire when the stock hits $60.00

I regret not buying when they were at $20 bucks, but I was in school and had little money to invest at the time

[89coupe]

Here is a better buy. BME on the TSX they have a 1000BOE/day Nisku well shut in until tied into facility. They are drilling two more wells on the same play. This will more then double their production. Watch the stock hit $2.00 or more by next summer.

They are trading at $1.06 right now...you do the math

[Paul]

my average share price on Aber was 16bux, been holding for a couple of years. I think one of the companies is getting ready to buy it