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Old 04-14-2016, 12:33 AM
micvanlen micvanlen is offline
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Join Date: Apr 2016
Posts: 16
Default Re: Invest For Your Future

You'll hear almost any investor talk about diversification, but most mention it in the context of the different types of funds. I think diversification should also apply to the types of investments. Most people think about RRSPs or mutual funds or bonds or money market stuff, but there are a lot of other types of investments. For example, rental properties, franchises, other cash-flow businesses that don't need have owner operator requirements. My advise is to allocate your capital in a balanced way across multiple types of investments. What I like most about rental properties or small businesses is they pay cash. This adds to your capital vs your equity. Food for thought
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