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#1
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Yeah, that "could" happen. But my point was that you can't just go out and get a 20% yield. Luck is a big factor.
You could win a lottery for example, pay off some debt, maybe buy a car because your current one is a clunker, and use the excess to say catch up on some badly behind RRSP's and invest the rest in some investment scheme of your favour ... and then watch as it disappears at 20% to 25% just like everyone else's savings are disappearing. Just sayin' ... Your mileage may vary, but I'm just sayin' ... that's all.
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-- Tony My next hobby will be flooding my basement while repeatedly banging my head against a brick wall and tearing up $100 bills. Whee! |
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#2
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There's always Kiva to invest your money in - you put money in, you choose who to lend it to, they pay it back, you take your money out (or re-lend). 100% of what you put in. I've been 'investing' money like this for almost 2 years. You make no financial interest, but it feels good to help someone out, and it's doing better than the market by far - LOL
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