I was pleased with the reaction and comments I got on my first post in the lounge and wish to get your opinion on this!
I am 29yo, at this age my biggest income is generated from the number of hours I do at work. I started investing with a bank in a mutual fund, I took a mix of portfolios; low, moderate and high risk ones. since 18 months the results are shit.
I heard this many times, in the market you have to look for the outcomes of your investment in long term not a short term perspective.
Last month I learned about online banking institutions, oaken financials, and to my luck they have this GIC at rate of 2.75% (sounds juicy compared to the cheesy 0.4-0.75% offered by TD, scotia, or other banking institutions.
I signed up with them and so far everything seems good.
My question for you is, Lets say you have a 100k$ or more, what are your investment strategies, how to hit big, hoping not to be hit big at the same time.
i know many of the girls I met in the business might be interested to know about this as well.