Questions about opening a Roth IRA -- particularly, does it matter where I open it? If so, Fidelity vs. Vanguard? [more inside]
posted on Apr 6, 2008 - 13 answers ![]()
College savings: Does the government care how you spend a college savings plan in Canada? [more inside]
posted on Jan 29, 2007 - 7 answers ![]()
CanadaFinancialFilter: What's the best way to invest in an RESP? [more inside]
posted on Nov 14, 2005 - 13 answers
What is the best thing to do with a small amount of money, around $5,000? Savings interest is almost a joke, CDs look attractive or maybe even mutual funds. Preferably the safer the better, as in investing it all in a high-risk mutual fund and losing it would make me cry. I've checked out "Investment FAQ" and it seems as if CDs are the best. I know little about investing but making money doing nothing intrigues me. What would be an expected return on such an investment? Is it even worth locking the money up for something like $10 a month?
posted on Mar 3, 2004 - 20 answers