What to invest in this Spring?

[X-Files]

Is it a good time to invest in Market Linked GICs?

Or better to wait a few weeks & see if the market drops more & then dive in?

"[FONT=&quot]Capitalize on the growth potential of the world’s leading stock markets without risking your principal investment":[/FONT]

https://www.td.com/ca/en/personal-banking/products/saving-investing/gic/market-growth/

https://www.cibc.com/en/personal-banking/investments/structured-notes/market-linked-gics.html

https://www.scotiabank.com/ca/en/pe...vestment-certificates/market-linked-gics.html

https://www.rbcroyalbank.com/investments/marketsmart-gics.html

https://www.bmo.com/pdf/term/GGIC_RSPTandC-Eng.pdf

https://www.bmo.com/pdf/term/BCGIC_RSPTandC-Eng.pdf

 

[MrBetitall]

we're going 30% lower across the board so stay in cash till this thing shakes itself out. #TrumpVirus has a way to go, calling the biggest public health crisis of our lifetimes a "hoax" is going to cost us all a lot of chicken scratch Im afraid

 

[Bruins4Life]

I dont see why you would buy these products. Earn "up to XYZ". I too would just hold onto my cash if I was this worried.

 

[brendanjack]

I like Sysco there balance sheet is huge there stock tanked big time think there is value here they deliver food everywhere

 

[rolltide]

stick with what you know. asian massage parlors

 

[thekeyman]

waiting to see this get less a pandemic than it is right now,then jump on a couple casinos which they always bounce back

 

[Enfuego]

waiting to see this get less a pandemic than it is right now,then jump on a couple casinos which they always bounce back

William Hill.

 

[thekeyman]

William Hill.

Stations is usually a good one to

 

[X-Files]

we're going 30% lower across the board so stay in cash till this thing shakes itself out.

When will that be? In a few weeks, or months, or in 12-24 months after a vaccine is available & being widely taken?

 

[X-Files]

I dont see why you would buy these products. Earn "up to XYZ". I too would just hold onto my cash if I was this worried.

Because cash sitting in the bank is making me about 0.1% (virtually nothing, not even keeping up with inflation) whereas those products have significant upside potential, some even also coming with guaranteed minimum percentages much larger than 0.1%. And because i prefer to leave my "gambling" to something i know, sports betting, not something i don't know, i.e. the stock market & individual sports. And prefer to play it safe with my other funds. And though bank reps have recommended i invest in the stock market & do so while "risking my principal investment", i can't handle all the ups & downs (such as this down time now). Hence the OPs statement : "Capitalize on the growth potential of the world’s leading stock markets without risking your principal investment". I have enough at risk already in offshore sportsbooks. Make sense?

 

[cloverleaf]

CVS (Health) has announced plans to hire 50,000 fulltime and temporary employees
across the country. The company is offering bonuses and benefits to those hired.

Stock is $52.83 at this moment. Anyone researched CVS and if so...would you buy?

 

[X-Files]

I read Amazon is going to hire 100K new workers.

 

[powerz]

Because cash sitting in the bank is making me about 0.1% (virtually nothing, not even keeping up with inflation) whereas those products have significant upside potential, some even also coming with guaranteed minimum percentages much larger than 0.1%. And because i prefer to leave my "gambling" to something i know, sports betting, not something i don't know, i.e. the stock market & individual sports. And prefer to play it safe with my other funds. And though bank reps have recommended i invest in the stock market & do so while "risking my principal investment", i can't handle all the ups & downs (such as this down time now). Hence the OPs statement : "Capitalize on the growth potential of the world’s leading stock markets without risking your principal investment". I have enough at risk already in offshore sportsbooks. Make sense?

Consider opening a Tangerine High interest account and you transfer cash back and forth between your traditional back They will give a decent interest rate and no fees I probably make about $1000 year in interest.- Let me know if you want a referral cause they would give me $50. I have had a Tangerine account for over 5 years, use to hold tax money, vacation funds , extra savings etc....out of sigth out of mind.....I even have a have a monthly auto transfer from my traditional bank for forced savings.

 

[X-Files]

Consider opening a Tangerine High interest account and you transfer cash back and forth between your traditional back They will give a decent interest rate and no fees I probably make about $1000 year in interest.- Let me know if you want a referral cause they would give me $50. I have had a Tangerine account for over 5 years, use to hold tax money, vacation funds , extra savings etc....out of sigth out of mind.....I even have a have a monthly auto transfer from my traditional bank for forced savings.

Thanks powerz. I wasn't aware of this Canadian bank. I'm seeing an offer of 2.5% for the first 5 months, certainly way higher than what i'm presently receiving in a savings account:

https://www.tangerine.ca/en/products/saving/savings-accounts/tax-free-savings-account

 

[slapshot]

I like Sysco there balance sheet is huge there stock tanked big time think there is value here they deliver food everywhere

But nobody is dining out so orders are way down

also stadium schools and parks closed

 

[thekeyman]

CVS (Health) has announced plans to hire 50,000 fulltime and temporary employees
across the country. The company is offering bonuses and benefits to those hired.

Stock is $52.83 at this moment. Anyone researched CVS and if so...would you buy?

It sounds a bit high if you ask me,especially during this time that the market is getting killed,....just compare them with walgreens ,rite aide,and get a idea at least

 

[Bruins4Life]

Because cash sitting in the bank is making me about 0.1% (virtually nothing, not even keeping up with inflation) whereas those products have significant upside potential, some even also coming with guaranteed minimum percentages much larger than 0.1%. And because i prefer to leave my "gambling" to something i know, sports betting, not something i don't know, i.e. the stock market & individual sports. And prefer to play it safe with my other funds. And though bank reps have recommended i invest in the stock market & do so while "risking my principal investment", i can't handle all the ups & downs (such as this down time now). Hence the OPs statement : "Capitalize on the growth potential of the world’s leading stock markets without risking your principal investment". I have enough at risk already in offshore sportsbooks. Make sense?

You are clearly a playing safe as possible investor. And that's fine. So I'm not sure why you are asking about these ultra conservative avenues when u have already decided to take that route.

 

[Ricboff]

Is it a good time to invest in Market Linked GICs?

Or better to wait a few weeks & see if the market drops more & then dive in?

"Capitalize on the growth potential of the world’s leading stock markets without risking your principal investment":

https://www.td.com/ca/en/personal-banking/products/saving-investing/gic/market-growth/

https://www.cibc.com/en/personal-banking/investments/structured-notes/market-linked-gics.html

https://www.scotiabank.com/ca/en/pe...vestment-certificates/market-linked-gics.html

https://www.rbcroyalbank.com/investments/marketsmart-gics.html

https://www.bmo.com/pdf/term/GGIC_RSPTandC-Eng.pdf

https://www.bmo.com/pdf/term/BCGIC_RSPTandC-Eng.pdf

longer term horizon? u wont panic if u see red in your account after u buy? just buy the GIC if you're risk averse?


the banks r using your fear to grab your money on a product that caps gains, which it will pocket . 'Without risking your principal investment '? lol , comforting isnt it. Most of these , i beleive, require u to hold until a maturity date, if u bail early all u get back is the prinicipal, make sure u read the fine print

the banks r getting clobbered, just as they did in 2008. They are yielding over 6-7%, think about that. Dividend yield is taxed advantagously, a GIC is taxed as interest, u keep less; so a higher yield and taxed less. Do you see the big six going bankrupt over this pandemic? Will man survive this pandemic? If you dont see the banks going under and feel man will survive this virus then why not invest directly in bank stock? If you're not comfortable picking an individual stock then buy an etf has them all (zeb.to..yielding 6%) .Its yield is distributed monthly...cash bro


are we at the bottom? who knows, ...can nimble in segments

i got a hunch that gap at $26 will fill in time



never easy to 'buy low and sell high'...



just my two cents. All depends on risk tolerance, not sayig to buy here ...u asked so offering food for thought . Drop into your bank and ask them questions............gl

 

[X-Files]

You are clearly a playing safe as possible investor. And that's fine. So I'm not sure why you are asking about these ultra conservative avenues when u have already decided to take that route.

I'm wondering when would be the best time to jump into the market with those products & which of them is preferable. Some offer 50% participation, but the BMO Blue Chip GIC 100% participation & was doing well (up about 12%) until recently. Now my bank indicates it's only up about 5% after about 3 years of a 5 year term. Told my banker before the crisis hit i'd like to have cashed out at a 12 % profit, but alas it is not redeemable before maturity. So it's a bit of a crapshoot that things will be going well when the cash out date arrives, as opposed to a crisis with market crashes as now. That said i may be open to the possibility of more risky market ventures with a small % of overall capital.

 

[X-Files]

longer term horizon? u wont panic if u see red in your account after u buy? just buy the GIC if you're risk averse?


the banks r using your fear to grab your money on a product that caps gains, which it will pocket . 'Without risking your principal investment '? lol , comforting isnt it. Most of these , i beleive, require u to hold until a maturity date, if u bail early all u get back is the prinicipal, make sure u read the fine print

the banks r getting clobbered, just as they did in 2008. They are yielding over 6-7%, think about that. Dividend yield is taxed advantagously, a GIC is taxed as interest, u keep less; so a higher yield and taxed less. Do you see the big six going bankrupt over this pandemic? Will man survive this pandemic? If you dont see the banks going under and feel man will survive this virus then why not invest directly in bank stock? If you're not comfortable picking an individual stock then buy an etf has them all (zeb.to..yielding 6%) .Its yield is distributed monthly...cash bro


are we at the bottom? who knows, ...can nimble in segments

i got a hunch that gap at $26 will fill in time



never easy to 'buy low and sell high'...



just my two cents. All depends on risk tolerance, not sayig to buy here ...u asked so offering food for thought . Drop into your bank and ask them questions............gl

Thanks. Lots to consider there & things i need to learn about. My intuition tells me you're right & investing in the safer products of the OP is not the sharp play in the long term game. Though i'm not sure i'm in this world that long, lol. Also what about the BMO Blue Chip GIC (see the OP) which gives 100% participation with no downside (initial investment guaranteed). So in 5 years if the stock goes up 100% a 10K investment gets back another 10K? An average 20% profit per year? And this can be put in a Tax Free Saving Account in Canada. Though i'm not sure how the bank can afford to give back 100%. Only if it goes up more than 100 (which seems unlikely)? How do they make any profit? Especially when 1% is guaranteed while the stock may end up in the negative.