Dnes namerih mnogo hubava temа po kojato sporihme kade da investira chovek ako predpochete da ne dade downpayment a da investira drugade.
Eto vi vazmoznostite koito sa s minimalen risk.
S drugi dumi ako ne razbiate ot finansi i ne iskate da zagubeite pone investiraneto.
Bg Montreal napisa:
Canada Savings Bonds buyers are selling themselves shortС две думи повечето неща са с по-голяма възвращаемост от 5-6% ГАРАНТИРАНО
Old habits die hard -- that's the polite explanation of why people waste their time and money buying Canada Savings Bonds.
The fall issue of CSBs are on sale through Nov. 1 and they're bound to attract the usual attention from ultraconservative savers and patriots who feel compelled to lend their money to the federal government at below-market interest rates. Others may be inclined to look at CSBs because the stock market suddenly looked shaky in the past few days.
CSB sales are way down from their mid-1990s heyday, but Ottawa will still probably sell a few billion dollars' worth this year. Can you really afford to indulge yourself in this old habit, what with interest rates as low as they are?
The correct answer is no, which is why you should at least consider the six CSB alternatives covered in this edition of the Portfolio Strategy column. Before we get to the details, let's take a quick look at the current rate environment.
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Inflationary pressures caused in part by rising energy prices have driven up short-term rates so that the latest CSB series pays 2 per cent this year, compared with 1.5 per cent 12 months ago and 1.55 per cent for savings bonds issued earlier this year. Canada Premium Bonds, which are less liquid in that they are cashable for a 30-day period only once a year, offer 2.25 per cent this year, 2.5 per cent in 2006 and 2.75 per cent in 2007.
As always, CSBs are being sold with the commitment that their returns will be increased if market conditions warrant. But why wait when there are so many other places you can save and invest with returns that are as much as a full percentage point or more higher than CSBs? Here's a look at some of these vehicles, with one-year returns used as a point of comparison. The risk level of each investment is rated on a scale of zero to five, with zero being totally secure like CSBs and five meaning you could lose some of your principal due to market fluctuations.
High-interest savings accounts
Risk rating: 1 (Reflects the minor risk of investing an amount in excess of the $100,000 covered by bank deposit insurance.)
Lowdown: For most people, this is the CSB alternative of choice. These no-fee, no-frill savings accounts offer vastly higher rates than both CSBs and traditional bank savings accounts, and they're super safe because the banks and credit unions offering them are covered by Canada Deposit Insurance Corp.
Where to go: If you check the Cannex Financial Exchanges website at http://www.cannex.com and look at deposit accounts, you'll find a chart comparing the rates on savings accounts at more than three dozen banks and credit unions. Notice that larger institutions such as Bank of Nova Scotia and Bank of Montreal are at the low end with rates of 2 per cent, while ING and American Express offer 2.4 per cent and small players like Achieva Financial are at the upper end with rates of as much as 3.1 per cent. Achieva is an on-line division of Manitoba's Cambrian Credit Union.
The mechanics: You can move money in and out of a high-interest account by telephone or on the Internet. Some accounts give you a bank card.
Pro: Convenience, safety and good rates -- the whole package.
Con: Not ideal for people who won't try electronic banking.
GICs from your bank
Risk rating: 1 (Reflects the minor risk of investing an amount in excess of the $100,000 covered by bank deposit insurance.)
Lowdown: Just as you can negotiate mortgage rates down, you can haggle over higher returns on bank GICs. As ever, you'll have more leverage if you do a lot of business at your bank or promise to bring in some new business.
Where to go: The bank branch where they know you best.
The mechanics: Play it this way -- tell your bank you're giving it the chance to nail your business by offering a rate bonus, but if need be you'll go elsewhere.
Pro: Familiarity.
Con: You're better off with a high-rate savings account from the point of view of rates and convenience.
GICs from other sources
Risk rating: 1 (Reflects the minor risk of investing an amount in excess of what is covered by bank and credit union deposit insurance.)
The lowdown: Don't hesitate to buy a GIC from a small bank or credit union with high rates as long as it's a member of either Canadian Deposit Insurance Corp. or a provincial credit union deposit insurance plan.
The mechanics: You can buy these GICs directly from the financial institution, through a deposit broker or through an investment adviser. Also, some discount brokers offer GICs from a wide variety of lenders.
Pro: The highest rates you'll get for super-safe investing.
Con: Your money's locked in.
Government bonds
Risk Rating: 2 (Reflects the fact that bond prices can fluctuate.)
The Lowdown: Federal and provincial government bonds are safe enough that most pension funds are loaded with them, and yet there's still an element of risk here. Unlike savings bonds and GICs, bonds are traded on the open market and thus can rise and fall in price. If interest rates were to shoot higher, then your bonds would fall in value. Is this a problem? Not if you intend to hold to maturity, when your capital is returned to you in full.
The Mechanics: You'll need a brokerage account to buy bonds, either full-service or discount. You might well get a better deal from a full-service broker, particularly if you have a large account. Remember, commissions are invisibly folded into the price you're quoted to buy a bond. The more you get the price down, the higher the yield you'll receive.
Pro: Lots of choice and flexibility to get balance risk and return.
Con: Bonds are trickier to understand than you might think and they're not available over the counter at a bank.
Bond and mortgage funds
Risk rating: 4 (These funds will fall in value if rates rise.)
The lowdown: The underlying investment in these funds is a basket of short-term bonds used to produce monthly income that unitholders can either receive in cash or have reinvested. If rates rise, the value of the fund's units could fall (this is happening right now), even while the income continues to flow. Falling rates would boost the fund's value. These funds don't "mature" like a bond on a set date and pay your money back, so don't buy them if that's what you're after.
The mechanics: These funds are offered by most fund companies.
Pro: Accessible.
Con: Again, if interest rates were to soar, the unit value of these funds would take a hit.
Monthly income funds
Risk rating: 5 (You're in the stock market with these funds.)
The lowdown: These funds are more of an income-generating vehicle than a CSB-like savings product, but they're still worth a look for less risk-averse types because of the way they package bonds, income trusts and dividend stocks into a well-diversified package that pays income on a monthly basis.
The mechanics: The banks dominate this category with some solid products, but all the big fund companies are now in the game as well.
Pro: Solid returns and diversified.
Con: Rising rates could hurt somewhat and a downturn in the income trust market would weigh on funds with heavy exposure to this asset class.
Just say no to Canada Savings Bonds
Here's how six CSB alternatives compare on the return they offer over a one-year period. The current series of CSBs pays 2 per cent.
Savings accounts: 2 to 3.1%
Bank GICs: 2.2*
GICs from alternative banks, credit unions: up to 3.2%
Federal and provincial government bonds: up to 2.6%
Short-term bond and mortgage funds: 3%
Moja komentar :
Eto tova e sigurno
Az ne vidjah 5- 6 %
Pozdravi
Hullboy
