How does one achieve a 10% return on investment in Canada? Is it realistic to expect such a high return in the current economic climate? What types of investments are likely to yield this kind of profit? Are there any risks associated with pursuing this level of return, and how can investors mitigate those risks? Are there any specific strategies or tips that can help investors reach their 10% ROI goal in Canada?
6 answers
Andrea
Thu Jul 25 2024
Index fund investing is a popular approach to stock market investing. By investing in a diversified portfolio of stocks, index funds offer investors the opportunity to capture the market's overall return without having to pick individual stocks.
Caterina
Thu Jul 25 2024
Stock picking, on the other hand, involves selecting individual stocks with the potential for outsized returns. This approach requires a deeper understanding of the market and the ability to analyze companies' financial statements and other relevant information.
CryptoPioneer
Thu Jul 25 2024
Investing in the private credit market is an attractive option for those seeking superior returns. This alternative investment strategy offers access to a diverse range of opportunities, including direct lending to businesses and real estate projects.
Filippo
Thu Jul 25 2024
Junk bonds, also known as high-yield bonds, offer investors the opportunity to earn higher returns in exchange for taking on more risk. These bonds are typically issued by companies with lower credit ratings and higher debt levels.
Lorenzo
Thu Jul 25 2024
Gold has proven to be a reliable store of value over the long term. Over the past 20 years, gold has returned 9.6% annually, making it a compelling investment option for those looking to hedge against inflation and market volatility.