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Any Investments You Can't Lose Money In?

Discussion in 'Investments to Grow Your Business' started by Alaine, Mar 20, 2016.

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  1. azgold

    azgold Moderator MVP Member

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    Personally, I think it's good to have both short term and long term investments in your portfolio. Some low risk, some medium, some high. That way, you are not 'putting all your eggs in one basket.' Plus, you get a mix of returns and have something to fall back on.
     
  2. azgold

    azgold Moderator MVP Member

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    Yes. Here in Canada, we have Guaranteed Investment Certificates, which are protected by the Bank of Canada. I once purchased a $1000 GIC for a one year period...think I made $10. Of course, if you leave it for 5 years, you make a higher percentage rate of return. You can get them for periods of 30 days, right through to 5 years.

    Safe, safe, safe but s-l-o-w growing and very little return on investment. The upside is - little profit, little taxes. :)
     
  3. Online business on consignment or resellers. It requires you to invest your time but not your money (atleast not right away)
     
  4. lindholmgustaf

    lindholmgustaf Member

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    Nothing. Any investment comes with a risk. It's all up to you to understand where you put your investment and study to how to minimize the risks and gain profit instead.
     
    azgold likes this.

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