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Cameron Chambers
  • Specialist
  • Brampton, ON
12
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34
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Investing Money to Invest Money?

Cameron Chambers
  • Specialist
  • Brampton, ON
Posted Apr 21 2021, 05:58

Hello!

So I’m a young lad who has been saving money towards a down payment for my first property.

Is it worth investing this money into some bonds or etfs while I’m still saving for the next year or so? (I plan on contributing to my Self directed RRSP to use my first time home buyers plan).

I’ve never invested in the stock market as it doesn’t seem as safe as investing in RE (I suppose I may be naïve)

What do y’all think? Implement investments in etfs/bonds, or just keep saving until I can put it towards a property?

THANK YOU

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