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I'm probably preaching against the choir here, but I've become quite disillusioned with the stock market. It seems to no longer have any correlation to reality (assuming it ever did). Other than real estate, what are other good avenues to explore?

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[-] Rentlar@lemmy.ca 1 points 1 year ago

The stock markets goes up and it goes down, it just do that sometimes.

In a high interest environment such as now, Guaranteed Investment Certificates are a solid choice. Over the long term it is typical to expect a 4% growth rate in investments. Right now even the big banks are offering 100 to 500ish day GICs for around 4% interest, and some other banks are offering north of 5%. It's worth looking into.

this post was submitted on 10 Jul 2023
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