Quote:
Originally posted by quiet
i wish i could put money somewhere (any amount) and get a nice, simple, ultra low risk, ultra low maintaince 10% annual return. year in, year out.
that would be absolutely beautiful.
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this isn't exactly "ultra" low risk, but i'll throw it out there anyways..
have you taken a look at income trusts? i've been finding and buying high yield income trusts (10+% on just the cash distribution) and holding them in one of my self directed RRSP accounts. they're providing a good solid yield on just the cash distribution, and their unit values have all appreciated since i bought them.
there are many mutual funds who take this approach if you want to get a little more hands off. if you go the self directed route, to deal with volatility, you can throw some stops in at 10% below your book value or whatever you're comfortable with. unless something drastic happens like a cash distribution is raised/lowered, there isn't much volitility anyways.