Canadians: best guaranteed rate of return investment available? - GoFuckYourself.com

quiet · 10-17-2004, 10:48 AM

the highest guaranteed return (minimum amount of cash required is not an issue)... can you give me a qualifying, verifiable link?

whoever can give me a no bullshit web link to the very highest guaranteed return on capital available in Canada - i'll send 50 bucks via paypal. make sure you can accept paypal from a creditcard-funded account first. a little experiment of mine. it's all about numbers, whoever can find the highest verifiable for all to see.

i'll let this thread run for 2 days and see where it ends up...

cheers

AndrewKanuck · 10-17-2004, 11:57 AM

Craps table. 888.com if you want to play online.

xclusive · 10-17-2004, 12:04 PM

http://www.gtarealtor.ca/bestroineighbourhoods.htm

There is nothing better than real estate...

Rollin Studios · 10-17-2004, 12:07 PM

Grow Op

WarChild · 10-17-2004, 12:11 PM

Hey Quiet there's something I wanted to talk to you about. How can I get ahold of you? Email? ICQ? (mine's 97374780)

WiredGuy · 10-17-2004, 12:14 PM

I'd love to see some serious posts as well, got some cash I'd love to lay away. Preference to invest in USD but must be available for Canadians to invest.

WG

johndoebob · 10-17-2004, 12:16 PM

Try google answers, there are dedicated researchers.

answers.google.com

KCat · 10-17-2004, 12:37 PM

Hook up with a good mortgage broker. You can get up to 14% by lending money as a second mortgage, secured by the property. A lot of people are taking the equity out of their homes these days to pay off credit cards etc.

You can set this up via a self-directed RRSP as well.

Steen2 · 10-17-2004, 12:40 PM

Talk to a good lawyer and accountant

quiet · 10-17-2004, 12:41 PM

Quote:

Originally posted by WiredGuy
I'd love to see some serious posts as well, got some cash I'd love to lay away. Preference to invest in USD but must be available for Canadians to invest.

WG

exactly.

EscortBiz · 10-17-2004, 12:41 PM

Quote:

Originally posted by Steen2
Talk to a good lawyer and accountant

or stock broker or financial advisor

and get fucked out of money

yys · 10-17-2004, 12:42 PM

Pick yourself up a weekend Globe and Mail. They list the highest rates in the country for GIC's every week.

Peoples Trust has the highest 30 day(2.35%/$5,000; 2.45%/$50,000) and 1 year rates(3.1%/$5,000)

Achieva Financial has the highest 5 year rates(4.55%/$1,000)

GIC's are a money loser outside of an RRSP or RIFF though; there was a paper that came out of York U last March about it. You can check it out here The Erosion Effects of Income Taxes and Inflation on GIC Investment Returns

Keep the $50 if these are the highest rates anyone finds.

Steen2 · 10-17-2004, 12:52 PM

Quote:

Originally posted by EscortBiz
or stock broker or financial advisor

and get fucked out of money

Note the "good"

FlyingIguana · 10-17-2004, 01:03 PM

why go for guaranteed and get shit rates? i wouldn't even recommend that for retired people.

get a diversified portfolio to minimize risks and take home a higher return. get a good financial planner who deals with high net worth clients or go with hedge funds

FlyingIguana · 10-17-2004, 01:04 PM

Quote:

Originally posted by Steen2
Talk to a good lawyer and accountant

what the fuck would they know about investing?

quiet · 10-17-2004, 01:05 PM

Quote:

Originally posted by yys
Pick yourself up a weekend Globe and Mail. They list the highest rates in the country for GIC's every week.

Peoples Trust has the highest 30 day(2.35%/$5,000; 2.45%/$50,000) and 1 year rates(3.1%/$5,000)

Achieva Financial has the highest 5 year rates(4.55%/$1,000)

GIC's are a money loser outside of an RRSP or RIFF though; there was a paper that came out of York U last March about it. You can check it out here The Erosion Effects of Income Taxes and Inflation on GIC Investment Returns

Keep the $50 if these are the highest rates anyone finds.

http://www.moneysense.ca/rates/gic_l...able/index.jsp

maxjohan · 10-17-2004, 01:13 PM

http://money.howstuffworks.com/bank8.htm

IF you want to make bank

AndrewKanuck · 10-17-2004, 01:27 PM

If you want to talk seriously, I'd be glad to give you the ins and outs of real estate/rental properties and where some hot zones are. Investment isn't too low, but still great ROI if you hit the right location. I've got 5 rental properties split into triplexes now, so total of 15 rental checks each month - all properties are next to one another, on a street about 3 minute walk from 2 universities, and 10 minutes from the hospital. Hospital staff is about 50% of the rental, the rest is students.

Location is key if you're looking for sort of long-term investment. If you're looking for short term, get into real estate for development (un developped land, turn it around and flip it for profit).

FlyingIguana · 10-17-2004, 01:31 PM

Quote:

Originally posted by AndrewKanuck
If you want to talk seriously, I'd be glad to give you the ins and outs of real estate/rental properties and where some hot zones are. Investment isn't too low, but still great ROI if you hit the right location. I've got 5 rental properties split into triplexes now, so total of 15 rental checks each month - all properties are next to one another, on a street about 3 minute walk from 2 universities, and 10 minutes from the hospital. Hospital staff is about 50% of the rental, the rest is students.

Location is key if you're looking for sort of long-term investment. If you're looking for short term, get into real estate for development (un developped land, turn it around and flip it for profit).

where are your properties located?

AndrewKanuck · 10-17-2004, 01:33 PM

Quote:

Originally posted by FlyingIguana
where are your properties located?

Halifax. I'm looking at purchasing the other 4 houses on the street now, and also looking into another University city in the Atlantic's.

quiet · 10-17-2004, 01:34 PM

this thread was started with one thing in mind. guaranteed % return. so far nothing.

FlyingIguana · 10-17-2004, 01:35 PM

Quote:

Originally posted by AndrewKanuck
Halifax. I'm looking at purchasing the other 4 houses on the street now, and also looking into another University city in the Atlantic's.

lol, i was thinking immediately of the halifax area, went to smu. real estate is so cheap there compared to toronto

AndrewKanuck · 10-17-2004, 01:36 PM

Quote:

Originally posted by quiet
this thread was started with one thing in mind. guaranteed % return. so far nothing.

You want guaranteed return? Lock your money in on a GIC/Bond. With great risk comes great reward - get into real estate.

EscortBiz · 10-17-2004, 01:36 PM

Quote:

Originally posted by quiet
this thread was started with one thing in mind. guaranteed % return. so far nothing.

the bank is your answer, most everything else will either require work on your end and if it doesnt and the % is anything to talk about its very risky

Anyone who says real estate requires no work is a total idiot

AndrewKanuck · 10-17-2004, 01:37 PM

Quote:

Originally posted by FlyingIguana
lol, i was thinking immediately of the halifax area, went to smu. real estate is so cheap there compared to toronto

Yeah, the town houses are incredibly cheap - but they need work to turn them into rental's - unless you rent out the whole house to a frat...which I'm sure would be a lot more of a hassle then my current model

WarChild · 10-17-2004, 01:39 PM

Quiet is there any way someone (myself) can contact you off this board? I'd like to ask you something but don't want to post it publically.

WiredGuy · 10-17-2004, 01:39 PM

Quote:

Originally posted by quiet
http://www.moneysense.ca/rates/gic_l...able/index.jsp

These are for Canadian Dollar investments right?
WG

AndrewKanuck · 10-17-2004, 01:40 PM

Quote:

Originally posted by EscortBiz
Anyone who says real estate requires no work is a total idiot

You can make real estate very *low* work, but not *no work*. If you know people, and can trust them, you can easily have someone manage the property for you and you just sign the checks at the end of the month.

quiet · 10-17-2004, 01:43 PM

Quote:

Originally posted by EscortBiz
the bank is your answer, most everything else will either require work on your end and if it doesnt and the % is anything to talk about its very risky

Anyone who says real estate requires no work is a total idiot

no doubt eb. but i'm still on the lookout for something slightly better (not much), but still containing a fixed rate of return.

quiet · 10-17-2004, 01:45 PM

and i already have loads of money in real estate. i enjoy real estate. i'm not talking about real estate in this thread.

KRL · 10-17-2004, 01:50 PM

Canadian Premium Bonds Year 3 - 3.20%

5-Yr Non-Redeemable GIC's - 3.56%

FlyingIguana · 10-17-2004, 01:50 PM

Quote:

Originally posted by quiet
no doubt eb. but i'm still on the lookout for something slightly better (not much), but still containing a fixed rate of return.

if you want better you'll be taking on risk.

KRL · 10-17-2004, 01:51 PM

You might also want to browse the links off the official Canadian CDIC list.

http://www.cdic.ca/?id=5

quiet · 10-17-2004, 01:52 PM

Quote:

Originally posted by KRL
Canadian Premium Bonds Year 3 - 3.20%

5-Yr Non-Redeemable GIC's - 3.56%

can do better than that with other basic gics...

cool1 · 10-17-2004, 01:53 PM

Have you had a look at Investor Group

KRL · 10-17-2004, 01:53 PM

RBC (Royal Bank of Canada) has a 10 year non-redemable GIC at 3.90 % right now.

speakthetruth · 10-17-2004, 01:57 PM

Chat boards. Partner up with a fellow pot head for bonus bucks.

KCat · 10-17-2004, 01:58 PM

Quote:

Originally posted by quiet
this thread was started with one thing in mind. guaranteed % return. so far nothing.

If you become a private lender with a mortgage broker, you do get a guaranteed rate of return, in the ballpark of 14%. You set the terms & decide which loans you want to approve & which you don't. Never lend more than 75% of the equity of the home & the risk is minimal.

KRL · 10-17-2004, 01:59 PM

Quote:

Originally posted by quiet
can do better than that with other basic gics...

Well you have to consider the institution behind it also.

Don't you have a financial advisor? With the size of your load, I'd recommend getting one on a full time basis.

GTS Mark · 10-17-2004, 02:02 PM

I'm looking for some investment money for a 2nd mortgage on a commerical/residential rental property we are looking at buying. We're looking for 150k Canadian investment.

I'm offering 10-11% interest on this money plus the risk is low since you will have registered chattel on the property.

I don't know if this is of any interest to you but it's a pretty rate in comparison to what the banks want to offer.

DH

EscortBiz · 10-17-2004, 02:07 PM

Quote:

Originally posted by DrinkingHard
I'm looking for some investment money for a 2nd mortgage on a commerical/residential rental property we are looking at buying. We're looking for 150k Canadian investment.

I'm offering 10-11% interest on this money plus the risk is low since you will have registered chattel on the property.

I don't know if this is of any interest to you but it's a pretty rate in comparison to what the banks want to offer.

DH

this is a cool deal

JohnnyUtah · 10-17-2004, 02:08 PM

For something secure, talk to your financial advisor about debentures: secure, fixed % but your money has to be locked in for a number of years. The higher the years, the higher the %.

Hydro Quebec had some a while ago that were paying 8%
But you money was locked up to 2015.

Its up to you mate...

Definition for those who wanna know a little more:

Companies can issue a series of debentures or debenture stock which essentially means secured loan stock. The document or instrument creates indebtedness owing by the company to the holder, usually carrying interest and maturing on a particular date when the principal amount is repaid. Debentures tend to be secured by a floating charge and/or a collection of fixed charges over the company's assets.

Steen2 · 10-17-2004, 02:10 PM

Not no risk but my accountant highly recommended GIC w/ stock options. She said she's averaged 20% over the years.

EscortBiz · 10-17-2004, 02:11 PM

Quote:

Originally posted by Steen2
Not no risk but my accountant highly recommended GIC w/ stock options. She said she's averaged 20% over the years.

is she hot?

quiet · 10-17-2004, 02:12 PM

of course i have a financial advisor. has nothing to do with this thread though.

dh - sounds interesting...

KRL · 10-17-2004, 02:14 PM

Some solid old money private wealth management firms that handle international clientle.

Bessemer Trust (Phipps Family)

http://www.bessemer.com/

Wilimington Trust (DuPont Family)

http://www.wilmingtontrust.com

Rockefeller & Co. (Rockefeller Family)

http://www.rockco.com

JP Morgan Private Banking Group

http://www.jpmorgan.com/pages/jpmorgan/privatebank

WarChild · 10-17-2004, 02:17 PM

I have a project in Costa Rica that includes an operating and established hotel, casino, bar, restaurant and titled beach front (private beach).

130% return on investment over 5 years via 26% dividends per year. At the end of 5 years you can convert your shares to common stock, sell them at fair market value or covert them to debt financing buyout. Deal secured by land and other hard assets.

If absolutely no growth was shown, the ROI over 5 years would be 230%.

Dcat · 10-17-2004, 02:20 PM

It's very simple ...

Join, or sit in on a meeting at your local real estate investors club. Tell them that you have to money to invest. You will easily find people there willing to give you anywhere from 10-35% return on your money. Best of all, it will be backed by real estate. I have a friend that became a multi-millionaire many times over just having local realestate investors use his $$$. No work involved, except for signing a few docs .. ;)

Don't overlook the power of the advise I am giving you!

The best part is once they pay you back, you will have formed a relationship, and they will want (read: beg you) to repeate the process .. simply lend it out again..

EscortBiz · 10-17-2004, 02:22 PM

Quote:

Originally posted by Dcat
It's very simple ...

Join, or sit in on a meeting at your local real estate investors club. Tell them that you have to money to invest. You will easily find people there willing to give you anywhere from 10-35% return on your money. Best of all, it will be backed by real estate. I have a friend that became a multi-millionaire many times over just having local realestate investors use his $$$. No work involved, except for signing a few docs .. ;)

Don't overlook the power of the advise I am giving you!

The best part is once they pay you back, you will have formed a relationship, and they will want (read: beg you) to repeate the process .. simply lend it out again..

how long you usally wait for pay back?

yys · 10-17-2004, 02:24 PM

FYI, the best rates are never posted; whats posted is for your average joe investor. When I was working at Nesbitt we could get our clients 50-100 basis points more then the posted rates on GIC's and B.A's. Same thing goes for mortgages. We partnered up with a real estate finance company outside the bank who would beat any quote for one of our clients if we aked them too.

You've got lots of coin I gather so just ask your banker/advisor what they can do for you. They should be able to beat anything available to the general public if they know what their doing and consider you a 'valuable' client.

10-17-2004, 10:48 AM	#1
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	Canadians: best guaranteed rate of return investment available? the highest guaranteed return (minimum amount of cash required is not an issue)... can you give me a qualifying, verifiable link? whoever can give me a no bullshit web link to the very highest guaranteed return on capital available in Canada - i'll send 50 bucks via paypal. make sure you can accept paypal from a creditcard-funded account first. a little experiment of mine. it's all about numbers, whoever can find the highest verifiable for all to see. i'll let this thread run for 2 days and see where it ends up... cheers __________________ we'll miss you our friend. RIP

10-17-2004, 11:57 AM	#2
AndrewKanuck Confirmed User Join Date: Jan 2004 Location: Cleveland & Atlanta Posts: 6,706	Craps table. 888.com if you want to play online. __________________

10-17-2004, 12:04 PM	#3
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	http://www.gtarealtor.ca/bestroineighbourhoods.htm There is nothing better than real estate... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

10-17-2004, 12:11 PM	#5
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Hey Quiet there's something I wanted to talk to you about. How can I get ahold of you? Email? ICQ? (mine's 97374780) __________________ .

10-17-2004, 12:14 PM	#6
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,482	I'd love to see some serious posts as well, got some cash I'd love to lay away. Preference to invest in USD but must be available for Canadians to invest. WG __________________ I play with Google.

10-17-2004, 12:07 PM	#4
Rollin Studios Confirmed User Join Date: Sep 2003 Location: USA Posts: 518	Grow Op

10-17-2004, 12:16 PM	#7
johndoebob Confirmed User Join Date: Mar 2004 Posts: 3,405	Try google answers, there are dedicated researchers. answers.google.com __________________

10-17-2004, 12:37 PM	#8
KCat Confirmed User Join Date: Sep 2002 Location: PNW Posts: 2,204	Hook up with a good mortgage broker. You can get up to 14% by lending money as a second mortgage, secured by the property. A lot of people are taking the equity out of their homes these days to pay off credit cards etc. You can set this up via a self-directed RRSP as well. __________________ ~ 300+ FHGs, 100,000 pics to use plus a rockin' Video of the Day download! ~

10-17-2004, 12:40 PM	#9
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	Talk to a good lawyer and accountant __________________ ICQ: 2262.73945

10-17-2004, 12:42 PM	#12
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	Pick yourself up a weekend Globe and Mail. They list the highest rates in the country for GIC's every week. Peoples Trust has the highest 30 day(2.35%/$5,000; 2.45%/$50,000) and 1 year rates(3.1%/$5,000) Achieva Financial has the highest 5 year rates(4.55%/$1,000) GIC's are a money loser outside of an RRSP or RIFF though; there was a paper that came out of York U last March about it. You can check it out here The Erosion Effects of Income Taxes and Inflation on GIC Investment Returns Keep the $50 if these are the highest rates anyone finds.

10-17-2004, 01:03 PM	#14
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	why go for guaranteed and get shit rates? i wouldn't even recommend that for retired people. get a diversified portfolio to minimize risks and take home a higher return. get a good financial planner who deals with high net worth clients or go with hedge funds

10-17-2004, 01:13 PM	#17
maxjohan Confirmed User Join Date: Dec 2002 Location: Sweden Posts: 7,219	http://money.howstuffworks.com/bank8.htm IF you want to make bank __________________ I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls...

10-17-2004, 01:27 PM	#18
AndrewKanuck Confirmed User Join Date: Jan 2004 Location: Cleveland & Atlanta Posts: 6,706	If you want to talk seriously, I'd be glad to give you the ins and outs of real estate/rental properties and where some hot zones are. Investment isn't too low, but still great ROI if you hit the right location. I've got 5 rental properties split into triplexes now, so total of 15 rental checks each month - all properties are next to one another, on a street about 3 minute walk from 2 universities, and 10 minutes from the hospital. Hospital staff is about 50% of the rental, the rest is students. Location is key if you're looking for sort of long-term investment. If you're looking for short term, get into real estate for development (un developped land, turn it around and flip it for profit). __________________

10-17-2004, 01:34 PM	#21
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	this thread was started with one thing in mind. guaranteed % return. so far nothing. __________________ we'll miss you our friend. RIP

10-17-2004, 01:39 PM	#26
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Quiet is there any way someone (myself) can contact you off this board? I'd like to ask you something but don't want to post it publically. __________________ .

10-17-2004, 01:45 PM	#30
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	and i already have loads of money in real estate. i enjoy real estate. i'm not talking about real estate in this thread. __________________ we'll miss you our friend. RIP

10-17-2004, 01:50 PM	#31
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Canadian Premium Bonds Year 3 - 3.20% 5-Yr Non-Redeemable GIC's - 3.56% __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-17-2004, 01:51 PM	#33
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	You might also want to browse the links off the official Canadian CDIC list. http://www.cdic.ca/?id=5 __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-17-2004, 01:53 PM	#35
cool1 sex is good Join Date: Sep 2001 Location: Carman, MB Canada Posts: 24,939	Have you had a look at Investor Group __________________

10-17-2004, 01:57 PM	#37
speakthetruth Confirmed User Join Date: Jul 2004 Posts: 400	Chat boards. Partner up with a fellow pot head for bonus bucks.

10-17-2004, 02:02 PM	#40
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	I'm looking for some investment money for a 2nd mortgage on a commerical/residential rental property we are looking at buying. We're looking for 150k Canadian investment. I'm offering 10-11% interest on this money plus the risk is low since you will have registered chattel on the property. I don't know if this is of any interest to you but it's a pretty rate in comparison to what the banks want to offer. DH

10-17-2004, 02:08 PM	#42
JohnnyUtah Confirmed User Join Date: Oct 2002 Posts: 826	For something secure, talk to your financial advisor about debentures: secure, fixed % but your money has to be locked in for a number of years. The higher the years, the higher the %. Hydro Quebec had some a while ago that were paying 8% But you money was locked up to 2015. Its up to you mate... Definition for those who wanna know a little more: Companies can issue a series of debentures or debenture stock which essentially means secured loan stock. The document or instrument creates indebtedness owing by the company to the holder, usually carrying interest and maturing on a particular date when the principal amount is repaid. Debentures tend to be secured by a floating charge and/or a collection of fixed charges over the company's assets. Last edited by JohnnyUtah; 10-17-2004 at 02:10 PM..

10-17-2004, 02:10 PM	#43
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	Not no risk but my accountant highly recommended GIC w/ stock options. She said she's averaged 20% over the years. __________________ ICQ: 2262.73945

10-17-2004, 02:12 PM	#45
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	of course i have a financial advisor. has nothing to do with this thread though. dh - sounds interesting... __________________ we'll miss you our friend. RIP

10-17-2004, 02:14 PM	#46
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Some solid old money private wealth management firms that handle international clientle. Bessemer Trust (Phipps Family) http://www.bessemer.com/ Wilimington Trust (DuPont Family) http://www.wilmingtontrust.com Rockefeller & Co. (Rockefeller Family) http://www.rockco.com JP Morgan Private Banking Group http://www.jpmorgan.com/pages/jpmorgan/privatebank __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-17-2004, 02:17 PM	#47
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	I have a project in Costa Rica that includes an operating and established hotel, casino, bar, restaurant and titled beach front (private beach). 130% return on investment over 5 years via 26% dividends per year. At the end of 5 years you can convert your shares to common stock, sell them at fair market value or covert them to debt financing buyout. Deal secured by land and other hard assets. If absolutely no growth was shown, the ROI over 5 years would be 230%. __________________ .

10-17-2004, 02:20 PM	#48
Dcat Confirmed User Industry Role: Join Date: Aug 2003 Location: Mexico Posts: 1,607	It's very simple ... Join, or sit in on a meeting at your local real estate investors club. Tell them that you have to money to invest. You will easily find people there willing to give you anywhere from 10-35% return on your money. Best of all, it will be backed by real estate. I have a friend that became a multi-millionaire many times over just having local realestate investors use his $$$. No work involved, except for signing a few docs .. ;) Don't overlook the power of the advise I am giving you! The best part is once they pay you back, you will have formed a relationship, and they will want (read: beg you) to repeate the process .. simply lend it out again..

10-17-2004, 02:24 PM	#50
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	FYI, the best rates are never posted; whats posted is for your average joe investor. When I was working at Nesbitt we could get our clients 50-100 basis points more then the posted rates on GIC's and B.A's. Same thing goes for mortgages. We partnered up with a real estate finance company outside the bank who would beat any quote for one of our clients if we aked them too. You've got lots of coin I gather so just ask your banker/advisor what they can do for you. They should be able to beat anything available to the general public if they know what their doing and consider you a 'valuable' client.