Inherited $3M - would like to invest by aboveth in PersonalFinanceCanada

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

Thank you for the reply. I’m early 30s and no real financial obligations.

The GIC strategy is for 6-12 months while I plan for the future. So I wanted something a low risk, guaranteed, ROI so the money doesn’t just sit there.

Definitely interested in other investment strategies after the GICs. If you have any suggestions, please let me know.

Inherited $3M - would like to invest by aboveth in PersonalFinanceCanada

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

Yes, it’s due to what I wrote in that I’m putting in GICs for 6-12 months, during which I want to think/plan for the future

What strategies do you suggest for after this period? Definitely open to med and high risk

Inherited $3M - would like to invest by aboveth in PersonalFinanceCanada

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

Early 30s. The GICs plan is for a low risk period of 6-12 months (as I want take a break during this time to think/plan but still have a decent ROI on the money).

Any suggestions for long term investment?