Looking for something super high risk for my RRSP (401k equivalent). crypto is where my money is so don't really care for this, just want it to do something. its been sitting there in cash for 6 months. don't want penny stocks, but happy for any sort of high risk deals. happy to spread across 2-4 different ones. fire off some suggestions.

roulette?

Sure. CZR?

Pick some stocks with high volatility in the options market.

the peoples champ

approx how much money?

and it's funny that your non super high risk stash is in crypto.

Buy the dip on NLY

So let’s say we go into a recession and I own mid-large cap etfs in my Roth. What is the damage I’m looking at? I would guess my account could be 50-70% of its current value at a worst case scenario. Sounds correct?

1) Don't give a range as a "worst case scenario." It irks people who believe that phrases should have meanings.

2) If so, either you are close to retirement and you will make a sad face or you are far from retirement and will be able to purchase stuff at a discount and make a happy face. If not, then...

True or false: for stock portfolios, recession only hurts ppl close to retirement

Only reason I ask, is bc I treat my Roth now only as cash for a future first home purchase. I’m on the path to maxing my 401k contributions by 32-33 and really don’t think too hard about retirement right now. Basically my Roth is going to be raided for a first home purchase. Just wondering what my downside is because I feel just holding cash would be meh.

Also I have a pension that is funded by employer that is pretty juicy. Goes to 8% contribution after 20 years with company so I really have no worries about retirement. I fee maxing out a 401k + pension funds till 60-65 will lead to a juicy rtmt balance.

Also when I phrased first question, I’m obv not touching 401k or re-allocating based on my fears of a recession on the horizon. I would say I invest fairly aggro in 401k based on age range (maybe have 2-3% in bonds and rest in equities). I feel
No reason to own a higher % of bonds and find risk fine as I’m 30.

Investing your future home purchase money is fine as long as you don't do anything stupid* with these investments and are happy with the possibility that you might have to put off that home purchase for quite a while if stocks go on sale. This doesn't describe most people.

Most people find holding cash to be "meh" after a decade-long bull market. After a crash, cash feels like the right thing to hold.

*Stupid = fiddling with your investments based on damn near any reason you will come up with as an excuse.

What kind of portfolio? For a retirement fund, it might hurt if you were intending on taking some $ out for a qualified reason (first time home down payment, you're actually retired, etc) For a HSA, it might hurt if you have an unexpected large healthcare expense. For a 529, it might hurt if you suddenly decide you want / need to go back to school. And so on.

But the reality is when it comes to portfolio building / tax optimization, your view should be very rational, calm, and macro-based. If this is the case, recessions aren't really a big deal — just a mild speed bump that may take some small lifestyle adjustments to deal with properly — because they generally exist over such a short time frame in relation to your overall strategy.

Assuming a constant rate or increasing rate of contributions over time and that valuations do actually affect future returns, it helps the young investor.

If we take into account that people generally avoid investing when valuations drop, then it negatively affects both the young and old.

Some land; no debt; plenty of guns & ammo; and access to internet porn.

Your life will rumble on no matter what the swings in the market.

I have some space in my TFSA and wondering what to buy.

Here's what I am trying to get:

1) A position I do not need to baby-sit or manage, and can hold for at least 3+ years
2) Something that is a likely a higher risk/growth bet (my timeline is multi years, possibly decades) where the additional risk I expose myself to on by having this position for yrs will (hopefully) beat the S&P 500. Maybe a name or something in tech, cannabis or health?

If something like this is too much work, just basically buy SPDR ETF trust or something?

...And for why I'm somewhat resistant to that idea? I already have a lot of exposure to market as whole, but my thought process is why not try to go after higher beta on the tax free part of my portfolio. Thanks for any suggestions!

Wait for 3iq bitcoin fund to launch. Hopefully before end of year.

Was finally approved by OSC the other week.

Had no idea this was a thing yet. Total fees look like 1.5% for the privilege to custodian BTC? Could be worse I guess, given it's a tax sheltered account. Either way that's good news Canada is moving forward on that -- I thought we were still ~1y+ away on that.

I'm a total newb to investing. Will this be available on TSX / NASDAQ ? How do you go about buying it?

Tsx-v maybe, but ya

Whats the deal with fidelity?

Is there any timeline for average Joe w/ an account to buy/sell bitcoin?

https://3iq.ca/3iq-corp/3iq-files-the-bitcoin-fund-ipo/

is this for canada only?

No. Just like NYSE and NASDAQ aren't for USA only.

Hi, any advice greatly appreciated.

Country you live in: UK
Income: £21k
Risk Tolerance: 8/10. I can suffer short term losses if there's money in it long term.
Timeframe for investment 5-10 years. Long term.
Debt: Student debt which I am not earning enough to pay a penny on (even doing overtime). So effectively no debt.
Any other information you might have that would help us:
Just married, wife wants 1-2 holidays abroad a year. No plans for kids. Play poker make about £50-100 a month grinding low stakes. I rent (off my mother, we pay 675 p/m for a property worth 900-1050). Put 500 into savings a month. Got 3k in savings, wedding now completely paid off.

I would like a trip to vegas in the next 5 years and ultimately some property