Secure Investments That You Can Make

One of the deterrents of investing is how unstable the markets can seem. Many people are not willing to place their hard earned money in ventures that they are not even sure are going to succeed. The dismal state of the economy only proves the mistrust that many people view investment with. This fear of financing, however, can prevent many people from making a profit in the long run. There are, thankfully, methods to invest your money and limit the amount of risk that you face. Here are some of the ways you can invest with some measure of security:

Gold

Many investors advise people to begin buying gold. This is because, compared to many other commodities, this precious metal is actually stable. The value of gold has been quite consistent for many years. It is certainly a more established investment than currency. It also requires minimal risk. Once you have purchased a few ounces of gold, there is no immediate threat to your investment.

You can simply wait until you wish to sell the precious metal. When the prices are high enough, you can sell your amount of gold for a handsome profit. This type of investment ensures that there is no continued risk to your venture at all. As you have physical ownership of the commodity, you are entirely in control of what happens to it.

Savings Account

One of the advantages of a savings account is the liquidity that it offers. Few other investments or commodities can be accessed quite as easily as a savings account. Most banks allow you to withdraw a specific amount of money, at least six times a month. The more you have in your savings account, the more interest you earn. This is also a great method to encourage saving.

To make the best of a savings account, shop around for the highest interest rates on your savings. It is important to note the minimum required when opening the bank account. You should also check how much you are required to have in your bank account at the end of each month. To ensure that your income is truly safe, you should invest in a bank that is a part of the Canada Deposit Insurance Corporation (CDIC). Authorities such as these will insure the savings that you place in the account. This will allow you to protect your savings from unforeseen events.

Canada Premium Bond

The Canada Premium Bond (CPB) is guaranteed by the Canadian government. These bonds can be bought at most financial institutions throughout Canada. You can purchase one for as low as $100. Once you have bought a certain number of bonds, you will receive interest on this investment every year until the bond matures.

You can then redeem your original investment. This method offers you a great way to earn a little extra money, depending on how much you have invested. As this venture is guaranteed by a government entity, there is reduced risk.

Investment does not always have to be a gambling game. There are often times when you can remove the risk from the equation and make a stable investment.

 

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4 Common Myths About Cruises

For a lot of people, cruises aren’t exactly their go-to holiday. That’s why for most of us, everything we know is second-hand and hearsay. I’m here to set the record straight on a few things I hear folks say that are keeping them from trying what could be the best holiday of their lives.

They’re Expensive

It’s true that cruises can be costly—this is what keeps a lot of people from trying them—but they don’t always have to be. You can get great deals on trips with all kinds of destinations if you’re willing to be flexible, because cruise companies offer deals on late bookings. Any profit they can make is better than an empty cabin, after all. You can easily find lots of deals like this on Bolsover Cruise Club.

You’ll Get Seasick

If you get motion sick at sea, it’s all down to the way the waves jostle the boat, and this scales down the larger a ship is. It’s easy for the ocean to toss a little dinghy this way and that, but in larger boats you’ll notice it less and less. Well, you’re average cruise ship is bleeding enormous! We’re talking mind-bogglingly big, so even if you can’t stomach being in a car or on a place, you’ll usually be fine on a cruise liner.

They’re Overcrowded and Claustrophobic

Like I said, these boats are big, and they don’t use all that space for golf courses and climbing walls. In my experience, cabins on cruise ships are spacious and comfortable. There’s not much to the rumours of crowding either—though there are a few popular spots, of course—but if that’s a concern there are always more intimate experiences available on smaller river cruise ships. These can also be a little cheaper, so they make for a worthwhile option for any traveller.

They’re ‘Do Nothing’ Holidays

If you just want to kick back and relax in the sun, cruises have you covered, but that’s not all they offer. Cruise ships come loaded with all sorts of amenities from sports equipment to cinemas, and a lot of it is available to use for free, so if you like to keep mind and body active you’ll find it almost impossible to be bored while you’re aboard.

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7 Green Canadian Scholarships to Apply For

Wouldn’t it be great to save money in college while also proving to the world how environmentally conscience you are? Well, you can by applying to green scholarships! The aim of these awards are to promote eco-friendly practices to the next generation so that our planet will stay safe and healthy for the foreseeable future. If you’re a Canadian citizen who’d like to reduce educational costs while also increasing your environmental activity, below are 7 earth-friendly scholarships from various companies and organizations.

The Brower Youth Awards

This scholarship is open to youth between the ages of 13 and 22 living either in Mexico, Canada or the United States. Each year six winners will be awarded a $3,000 cash prize in addition to a week long trip to the San Francisco Bay Area to participate in camping, media engagements and environmental conferences. The Brower Youth Awards wish to encourage students to either engage in sustainability projects, offer environmental analysis or earth-friendly ideas to help make the world a better place. The deadline is May 18.

Gaspard Keep Canada Green Online Scholarship Contest

Gaspard, the maker of academic regalia, is offering 11 scholarships to eligible students; one worth $2,500 and the rest $1,000. All you have to do is complete a series of online trivia questions found on the site www.keepcanadagreencontest.ca. The trivia questions are all based on the environment and are meant to be educational and fun. The deadline is April 10.

The Bill Mason Memorial Scholarship Fund

Provided through Paddle Canada and running since 1990, the Bill Mason Memorial Scholarship Fund will award $1,000 to help lower the educational costs of “tomorrow’s environmental stewards”. There’s no official application form to submit, rather, you must provide a cover letter and confirmation of eligibility in addition to answering six questions that must be mailed to the organization (side note: if you want to remain a good environmental steward, there’s eco-friendly printing paper offered from various companies that use recycled material). The deadline is September 30.

Canadian Youth Environmental Leadership Scholarship

Cenovus Energy, a Canadian oil and natural gas company, will award a $5,000 scholarship to two Canadian students with at least 2 years of undergraduate study completed. In addition to the monetary award, the scholarship also allows the opportunity for paid summer employment, mentor-ship and invitations to annual gatherings with stipends.

Air & Waste Management Association Scholarships

This organization offers a number of scholarships per year to students pursuing earth friendly careers. You’ll find international scholarships as well as local and chapter scholarships available. Also, in addition to winning funds for school, you’ll also be featured in EM magazine for environmental managers if selected.

Apprentice Ecologist Initiative

The Nicodemus Wilderness Project sponsors this scholarship worth $850. To be considered you must create an environmental stewardship project (something that benefits the environment like reforestation or a recycling operation), take photos of your activities, write an essay and upload that onto the website. The deadline is December 31.

Annie’s Sustainable Agriculture Scholarships

Annie’s is a company that provides organic foods (no GMOs, synthetic preservatives, pesticides, etc) promoting a healthy and eco-friendly lifestyle in the US and Canada. They offer annual scholarships with two award amounts: $2,500 and $10,000 each that can definitely help lower the cost of college expenses. They believe in being transparent with their earth-friendly business and so offer sustainability reports every year to prove they’re good environmental stewards.

 

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