Canadian investing questions?

Question:

anyone know a mutual fund, stock, savings account or anything that i could get 10-15 percent compound interest back annually in canada.

There are no guarantees in investing..

But,the best way for most canadians to invest, is to buy your mutual funds at the bank you deal with.
They all sell mutual funds on a no-load basis (so sales charge or redeeming charge)

go talk to them, ask about past performance, to get an idea of what each one returned in the past, This will not tellyou about the future, but will give you an idea of the differences in return of different funds.

A good Canadian Blue chip equity fund, over the long term will return 10-12% per year compounded it dividends and income are re-invested. (the bank will explain)

other types of funds may show better returns in the past, (gold, oil, Natural resources) but tend to be more volitile (risky)

The bank will do a risk analysis on you and devise an investment plan for you.

I have been buying lately the following big dividend payers:

ERF PWE

both pay annual dividends 10 to 12%

Be sure to do your own research..

Canadian investing questions?

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