Investment with a lumpsum of 2 million+ CDN
Say, if you have 2 million+ Canadian dollars, and you want to have a relative safe way to invest this chunk of money so you can live off the interest without touching the principal.
What's a relatively risk-free (4-6% return per year) to do it in a long term? (Yeah, I know about savings account, term deposit, but the interest rate fluctuates too much over the years and the rate is crappy right now, so can't really do it year after year.)
One investment option I figure is that government bonds (that have excellent ratings), which yield around 2-6% a year.
Any idea?
__________________ 08 CBR600RR 03 IS300 Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you. |