Hi, i am planning to invest some $ to for long term but not sure what to buy now…just a few thousand to start now and will be a monthly contribution base. I am in Canada and using Royal Bank services. Thanks for any suggestion.

 

  • $so fresh so clean$ 11:57 pm on March 10, 2010

    no load growth and income stock fund

  • Space Invader101 11:58 pm on March 10, 2010

    As I’ve always said on YA, find a large cap / blue chip fund that pays dividend income distrubutions.

  • Nick P 11:58 pm on March 10, 2010

    I agree with the previous answer. Additionally, since almost all funds are doing badly, a low-cost index fund makes more sense. Check out the SPDR S&P Dividend ETF (SDY). It won’t give you high returns but it is safer and low cost.

  • linlyons 11:58 pm on March 10, 2010

    today? put it in the bank and earn your .24% interest.

    when the market turns around, maybe a Vanguard fund.

    something to do with stem cell research maybe.
    btw, this is not the forum to get investing advice.