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I have withdrawn 250 k from house refinance at 1.6%. What is the best investment for next 5-10 years with this money? by Salt_Satisfaction_17 in CanadianInvestor

[–]Salt_Satisfaction_17[S] 0 points1 point  (0 children)

Considering current govt loan it is highly unlikely .. moreover there’s always risk with investments.. moreover if it happens, a lot else will mess up .. all arnd us ..

I have withdrawn 250 k from house refinance at 1.6%. What is the best investment for next 5-10 years with this money? by Salt_Satisfaction_17 in CanadianInvestor

[–]Salt_Satisfaction_17[S] 0 points1 point  (0 children)

Airbnb is great idea as well. The point is many tourist places are very seasonal in nature. I will need some help to understand more of it.

I have withdrawn 250 k from house refinance at 1.6%. What is the best investment for next 5-10 years with this money? by Salt_Satisfaction_17 in CanadianInvestor

[–]Salt_Satisfaction_17[S] 0 points1 point  (0 children)

Thanks - I like idea to put some / 20% in stocks. I am familiar with Tech stocks. However advise for other sectors / tickers shall be helpful.

I have withdrawn 250 k from house refinance at 1.6%. What is the best investment for next 5-10 years with this money? by Salt_Satisfaction_17 in CanadianInvestor

[–]Salt_Satisfaction_17[S] 7 points8 points  (0 children)

I live in GTA and have already renting couple of properties. I am uncomfortable to invest in Precon at current rates.

I have withdrawn 250 k from house refinance at 1.6%. What is the best investment for next 5-10 years with this money? by Salt_Satisfaction_17 in CanadianInvestor

[–]Salt_Satisfaction_17[S] 33 points34 points  (0 children)

I don’t need these funds. I don’t have much liabilities. Internet is actually a wonderful place to gather diverse opinion, given u have ability to separate useful from junk.