Personal Finance

Recommend 3 ETFs to buy for long-term growth ($10,000)

  • Last Updated:
  • Dec 16th, 2013 9:25 pm
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Feb 15, 2008
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peter1977 wrote:
Dec 15th, 2013 11:04 pm
Thanks all for advice, but way too many factors to consider it seems... no wonder people just park their money in real estate these days...
Yeah, much to their detriment. As it is very difficult to find RE that is truly cash flow positive over the long term with all maintenance/depreciation included. So there is great opportunity if you bother to consider "the factors".
TodayHello wrote:
Oct 16th, 2012 9:06 pm
...The Banks are smarter than you - they have floors full of people whose job it is to read Mark77 posts...
[OP]
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Nov 30, 2013
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Arviat
Mark77 wrote:
Dec 15th, 2013 11:09 pm
Yeah, much to their detriment. As it is very difficult to find RE that is truly cash flow positive over the long term with all maintenance/depreciation included. So there is great opportunity if you bother to consider "the factors".
Is there a good source, or a series of books, that you recommend?
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Feb 15, 2008
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Calgary
peter1977 wrote:
Dec 15th, 2013 11:17 pm
Is there a good source, or a series of books, that you recommend?
What are you looking for? General investment books? Confirmation of whatever ideological slant you may have? I mean, everything you read is going to have some bias or another to it. The key is to develop a toolset to evaluate stuff on its merits. This can include both raw analytical tools, as well as the psychological toolsets.
TodayHello wrote:
Oct 16th, 2012 9:06 pm
...The Banks are smarter than you - they have floors full of people whose job it is to read Mark77 posts...
[OP]
Member
Nov 30, 2013
239 posts
47 upvotes
Arviat
Mark77 wrote:
Dec 15th, 2013 11:21 pm
What are you looking for? General investment books? Confirmation of whatever ideological slant you may have? I mean, everything you read is going to have some bias or another to it. The key is to develop a toolset to evaluate stuff on its merits. This can include both raw analytical tools, as well as the psychological toolsets.
Where do I park my money, given I don't have so much time to learn about all these factors, but want to find an aggressive but wise investing strategy?
Deal Addict
Oct 29, 2010
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peter1977 wrote:
Dec 15th, 2013 11:37 pm
Where do I park my money, given I don't have so much time to learn about all these factors, but want to find an aggressive but wise investing strategy?
That's a nice place to start.
http://canadiancouchpotato.com/
Jr. Member
Apr 26, 2010
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Burnaby
Mark77 wrote:
Dec 15th, 2013 9:21 pm
VCE, yeah, the Vanguard fund (that should track XIU/XIC, etc.). But what's VFC?
Sorry, I meant VFV.TO (Vanguard S&P 500 ETF (CA))

So 50% towards VCE.TO and 50% towards VFV.TO would be my investments if I had $10,000 to spare.
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Apr 26, 2010
129 posts
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Burnaby
peter1977 wrote:
Dec 15th, 2013 11:17 pm
Is there a good source, or a series of books, that you recommend?
Millionaire Teacher and The Little Book of Common Sense Investing is a good start.

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