Originally Posted by AR_Six
Mayhaps I can make use of this thread.
I was thinking of doing this except making it 500 a month in the hopes of ending up with a down payment on a house or apartment at some point in the next few years. I get a raise every year so that number will creep up, but 500 to start seems reasonable. If I could make a decent return over the next few years, though, that'd be ideal. Wrinkle: I am Canadian eh?
Any advice appreciated.
100% serious: if you want to preserve the balance to tap in the next few years, there is simply nothing for a "decent return" at this time. Toss it into a high yield savings and have done with it.