If I was your parent and made that much effort to get you a almost free ride to school and you didnt take it? I would be pissed.

 

GE, Caterpillar, Oxidental Petroleum, Halliburton. Nuff said.

 

pornography duhh

 

Whatever you do, just make sure the yield beats inflation. Consumer Price Index figures will be released on April 19, at 8:30am. Any questions? [sm=icon_rock.gif]

 

I like dividend paying stocks... A good trust will earn 15+ % a year... and it gets paid to you in dividends. Spending money! Or, reinvest the dividends... and it'll just keep growing!

 

well first off he's not trying to give me a free ride by any means. $10,000 isn't going to pay for 4 years of living.

But you're saying if you gave your kid $10k to help him pay for food, and instead he worked hard and paid for food himself, and turned around and invested that 10k and doubled it before he was out of college, you'd be pissed at him?

 

what about them?

where can i find these consumer price index figures?




can you tell me a little more about this?

 

well look at some trusts... these are all Canadian.
bte.un-t
sdt.un-t
nvg.un-t
day.un-t

All of those stocks will pay a dividend every month... it's just like, a cheque that they cut to you every month. The stock prices themselves are very stable... because the dividend value is what people are after when they buy it. bte-un-t has gone up a lot, however... it was down to like 11 bucks a share, and today it's over 20 I believe. On top of that, it's dividend used to be 15 cents a month, now it's 18 cents a month I think (per share).

Often dividends will work out to 15 or so % a year, and the stock can also grow... increasing your profits if you decide to sell. I just think trust stocks are safe, and I love dividends.

Dividends are paying my monthly payments for my audi.

 

Does anyone think investing into a condo might be a good idea? I could looke for 1 of 2 things:

1) Just any condo (obviously would search for one that has potential to increase in value) could be purchased, and simply rented out for 2 years (1 year at a time i suppose), which should cover any payments I would be making. That way, i would have ownership of something but wouldn't have to be paying for it for the first couple of years (i have 2 years of prepaid dormitory paid to live in during college anyways). 2 drawbacks: would need dhunk of money in the bank in case of emergency/problem, and would need to be able to find tenants right away. Is it too risky?

2) Find some condos that are being built, and draw a contract to close on them when the construction is finished. After construction is finished I could put it up for sale for a larger sum then I paid, or rent it out, depending on how much it has appreciated in that time frame.


Thoughts? Opinions?

 

I think a condo would be a potential for a lot of hassle... and you might not want to be affording so much time and energy into your investment. Finding renters, cleaning the place if they trash it... it's eventual sale... just a lot of potential involvement. You'll be busy with school... and how far away from this condo would you live? Might be a pain in the *** if you had to run back and forth between you and it. I thought about buying a cottage and renting it... but it would have been much, much worse. Every weekend I'd have to run up to the cottage to clean it, and ready it for the next renters. Awesome money in it, though... as rentals are weekly, and $$$.