| NATO |
I'm getting to the age where I'm realizing that if I hold off too much longer with my saving for the future, the money won't earn me nearly as much interest.
I've heard that ING Direct is a good company to check out. I'm not the most financially knowledgeable person, so I'd prefer something where I can set it up to withdraw money from my account automatically.
You guys have any suggestions? i'm not talking huge amounts of money, maybe $250 per month, just to get something started.
Thanks,
Nate |
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| kevito_ |
| How old are you and how long do you wish to lock in the investment? |
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| NATO |
| I'm 24. I'd like to just have an account that I would continually add to for the next number of years, possibly up to 10-15 years. |
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| anschutz_93 |
ING pays great interest.
A lot of the commercial retail chains have an savings account type thing which pays better interest than any bank. I believe its locked in for the term so its not where you put your rainy day fund (If you pull out you get no interest).
My grandpa got me investing in Indian Banks (No, not the casinos... Banks in India). Dividends and steady returns. Its a safer bet than resources IMHO.
But you know what happens when you take investment advice off the interwebz... |
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| Beerking |
| Just start an RRSP in mutual funds, don' think 10-15 years down the road..think more like 40. You can afford to go broke now, loose money (ie put into savings) but when you are 65 you are gonna as need much money as you can get. |
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