Best way to invest over the long term?

[deviddiya]

I have 80k that I have to invest/lock in until hit retirement age of 55. I have not yet sat down with a broker or financial advisor. I reside in Canada and primarily deal with td Canada trust. I was wondering what I should invest in over the long term to get the greatest return. What would be a safe estimate on return in twenty years? Your opinions are appreciated.

[Cal]

The answers that you will get here will be a little more helpful if you post a little more info. Do you have a pension plan, do you have any other investments/debts, what is your current tax bracket etc...

You may want to consider opening a TFSA as well to shelter some of this money from tax dollars.

[crazyjackcsa]

Invest in pie. I like it. I'm heavy and long in pie. They say "pie are square", but I've always found them to be round.

[Belguy]

Look into setting up discount brokerage account at TD and investing in either their efunds or in ETF's using the model portfolios at www.canadiancouchpotato.com OR find a FEE ONLY financial advisor (one who earns nothing on the products which he or she recommends to you and not a bank salesperson) for recommendations on which dividend stocks to buy from solid companies who you feel will be around for the long term and who have a history of increasing those dividends over the long term. A dozen or so such stocks, diversified by sector, should suffice. Also, you need to establish an asset allocation between cash, fixed income, and equities that you can live with and which will allow you to sleep well at night.

[Navigate Sensibly]

Jeez Belguy, you offer such wonderful advice with this comment. And yet, you kept on posting about fallacies with couch potato portfolios and whatnot. How come? You need to follow your own advice.

Look into setting up discount brokerage account at TD and investing in either their efunds or in ETF's using the model portfolios at www.canadiancouchpotato.com OR find a FEE ONLY financial advisor (one who earns nothing on the products which he or she recommends to you and not a bank salesperson) for recommendations on which dividend stocks to buy from solid companies who you feel will be around for the long term and who have a history of increasing those dividends over the long term. A dozen or so such stocks, diversified by sector, should suffice. Also, you need to establish an asset allocation between cash, fixed income, and equities that you can live with and which will allow you to sleep well at night.

[Navigate Sensibly]

invest in pie. I like it. I'm heavy and long in pie. They say "pie are square", but i've always found them to be round.

wtf??????????????????????/

[GoldStone]

wtf??????????????????????/

It's called mockery. The type of response you get when you ask a silly question without doing any homework.

[crazyjackcsa]

Goldstone has it. Ask a stupid question, get a stupid answer.

[MoneyGal]

crazyjack: I've been meaning to post this speed limit sign for you: http://www.flickr.com/photos/toddevans/5753140837/

[Toronto.gal]

You may want to consider opening a TFSA as well to shelter some of this money from tax dollars as well.

I think the OP may be referring to a LIRA account, in which case, the retirement funds can't be withdrawn.

My advice is not to rush, but to read [articles/books] before you start investing.

There are plenty of solid/high quality investment products with extreme low valuations at the moment.

A little tolerance for new members is better than mockery.