High savings, bonds, GICs, stocks. GARBAGE! Get physical gold and silver.
Gold has outperform them all and Silver is the next great investment for the average person.
I had 5K in my TSFA, I was getting about $4 per month. I had 20K in a high interest savings account which gave me $20 per month.
Dont get an RESP account, instead buy as much silver as you can afford and it will at least triple when ur kids go to post-secondary. If you invested 30k in gold 10 years ago, you would have 180k today.
Don't kid yourself. Savings bonds lose money because inflation is greater than the interest rate.
Stocks seem to gain fpr a while but then implode when bubbles burst. "Investment" is a scam in itself. The money man is trying to sell you something.
The Bonds, GIC's, TAX FREE SAVINGS ACCOUNTS have to increase MORE than the TIME VALUE of money. Some "savings" vehicles are actually guaranteed MONEY LOSERS too.
lol
SellMeLies 2 weeks ago
High savings, bonds, GICs, stocks. GARBAGE! Get physical gold and silver.
Gold has outperform them all and Silver is the next great investment for the average person.
I had 5K in my TSFA, I was getting about $4 per month. I had 20K in a high interest savings account which gave me $20 per month.
Dont get an RESP account, instead buy as much silver as you can afford and it will at least triple when ur kids go to post-secondary. If you invested 30k in gold 10 years ago, you would have 180k today.
dPain261 3 weeks ago 2
Don't kid yourself. Savings bonds lose money because inflation is greater than the interest rate.
Stocks seem to gain fpr a while but then implode when bubbles burst. "Investment" is a scam in itself. The money man is trying to sell you something.
Txsray 4 weeks ago
Computers are money losers. lol That is ridiculous. Some of us make good money through the comp. Not good info at all.
bullshit3118 3 months ago
3 auto makers are pissed!!!!
rkisho 4 months ago
i had to watch this for school work XD
GalacianMapler 5 months ago
Looks like Howey Mandell.
bparker65 9 months ago
How come this is so simple yet most people cannot understand the message. Learn how to manage money better at ApplyingWealthEducation com
TheMegaDrewster 10 months ago
The Bonds, GIC's, TAX FREE SAVINGS ACCOUNTS have to increase MORE than the TIME VALUE of money. Some "savings" vehicles are actually guaranteed MONEY LOSERS too.
(CANADIAN)
DarArchibald 11 months ago
i like it
abnormalkano 11 months ago
Loved the video. Simple but effective message. KidsAndMoney net
gkrienke 1 year ago
Respect!!
DonatoViper 1 year ago
This vid needs more views!
GO FUNNY MONEY MAN!
MathIsAwesomess 2 years ago
Kudos. this deserves more views.
avengerofsocks 2 years ago