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I live in London,ON, CANADA. Does anyone know of any investments that anticipate a certain rate of return....


... p/month, that can be compounded month-to-month? For example; assume I invested 30k in Jan. 2008. Every month, this money appreciated by 10%, with the percentage increase being combined to the principal for the following month (compounded interest). If my math is correct, I should have about 90K by Jan. 2009. So.... Does anyone know if such investment options exist in my province? If yes, would this be considered a high risk investment? Are there better investments out there then what I have spoken of? Basically, I like the idea of earning 10% interest on 30k p/month because in a year's time, it would be 10% on 90K, at which point I could consider telling my boss to go f__k himself. Therefore, an investment that could put me into a position like this would be ideal, but the investment "risk" factor would need to be low to med.. Please, I need a professional opinion on what is actually out there before I go and meet with some financial advisors. Thanks.

Whoa ! Don't go at the boss just yet ! When you hear of monthly "interest" of 10%...it only means you're getting 10% interest and the monthly PART of that will go to your account...not !10% PER month. ( Your 30K will be 33K in 2009.... sorry.)
Since you are in Canada, look into the Canadian Royal Trusts...one of them HTE...if you buy at today's prices will pay about 17% ...with 30k you could afford about 1390 shares...they would pay you about $ 420. per month ( or over 5k for the year.....but there is also the chance that that share price will go up, adding more to what you have at the end of the year) But nowhere near the 90 you need to squash the boss!

I do not know of any in your area but I know of an investment club that makes a good monthly return and they allow you to roll the profits each month. The web site is http://www.freewebs.com/mnthighinvest Yes I use them and have not had any problems as their program is fairly rounded and the chance or risk for loss is reduced by the way they invest. No I do not make money from them by referring them, just trying to answer your question and help. Good luck no matter what you decide to do.

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