|
Hey Red, if you decide to invest in stock, try choosing a company that will pay dividends on what you have bought.
It's like if you paid me $10 now, and I paid you $1 a month for as long as you let me hold your $10. That way, your money will be working for you and you'll have income from it as well.
If you'd like, you can check out Robert T. Kiyosaki's book "Rich Dad, Poor Dad", or anything in the Rich Dad series.
I don't know what the tax laws are like in Canada (like income tax), but your best option though, is to find a tax exempt investment. Like a Roth/IRA or a Variable Universal Life insurance policy.
__________________
"I don't know that I ever wanted greatness, on its own. It seems rather like wanting to be an engineer, rather than wanting to design something - or wanting to be a writer, rather than wanting to write. It should be a by-product, not a thing in itself. Otherwise, it's just an ego trip."
Roger Zelazny
|