an interesting quote from Business Week today (which speaks by itself!):

Stocks: Beware the Sucker's Rally

Have equities finally hit bottom, or is the market's recent rebound a trap for overeager investors?

Edward Palonek said...: Interesting, yet so true. The markets seem so volatile it can be quite difficult if not impossible for the inexperienced investor to navigate through these tough waters, by http://www.edward-palonek.com; 5:34 PM
Anonymous said...: Hi

I'm very happy to have found your blog. I don't see your email listed on the blog?
I'll be reading the book you recommended "The Naked Investor"

I want to invest 20k over 15 years, a 2000 initial deposit plus 100/month payments for 15 years. What/where/how is the best way about doing this? The purpose is just to save a lump sum of money that can be spent without any restriction in 15 years from now.

It's actually money I am putting aside for my son but i am extremely uncomfortable with all the restrictions of RESP's that I don't think it's worth the a measly tax break.

Any advice is much appreciated!; 8:00 PM
The Canadian Money Reviewer said...: I think RESPs are good .. the restrictions seem to ease off more and more.

I think index funds are still a good way to go. I always recommend to follow the Money Sense magazine Couch Potato approach. Make sure you have some bonds in there.; 10:46 AM

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