Top Montreal investments you can make

Montreal-sunrise-min

Top Montreal investments – The Montreal economy looks a lot different than it did just ten years ago. Far from the city of ÀLouer and unemployment in the 1990s and 2000s, Montreal has become Canada’s top economic performer as part of a wider Quebec-based boom. There’s been growth everywhere, and for many Montrealers, the newfound prosperity is chance to start turning income into investments.

buying gold

Consider these top local investments to start building your portfolio.

1. Invest in Gold

The best way to turn money into wealth is gold. Everyone can tell that a recession is on its way, so stocks are out of the picture. You could stand to lose a lot of money right off the bat. But that doesn’t mean your savings account is the best place to park your money until there’s a recovery. You can buy gold instead.

Gold coins are a solid investment. Investment-grade bullion coins are an inflation hedge and a bet against the stock market – and the stock market inevitably takes a dive. It’s only a matter of time.

The best Montreal coin dealers are online. Online dealers allow you to buy gold in Canada at a lower premium than most local coin shops.

Want to save even more? While the Canadian Gold Maple Leaf is one of the most readily accepted coins in the world, thanks in part to the Royal Canadian Mint’s advanced Bullion DNA technology to prevent counterfeiting, you can buy gold in Montreal for lower prices by focusing on bars. Gold bars are cheaper to make, but the gold is just as valuable.

2. Invest in Montreal Real Estate

With strong population growth and a booming economy, demand is outpacing supply and home and condo prices are going up. For decades, Montreal real estate was pretty fallow ground. Property was cheap and vacancies were high.

Today, Montreal’s real estate market is tightening, and investing in a condo, income property, or home could turn into a profitable long-term investment. Given the story of the real estate market in Toronto and Vancouver, it’s likely that as investors turn their attention to untapped Canadian markets, Montreal will not be far behind. Montreal real estate today is a great value buy. Get it before you get priced out.

3. Invest in Tech Startups

You don’t have to be a Silicon Valley venture capitalist to invest in a tech startup. There are online platforms now that allow individuals to invest in early stage tech startups such as AngelList and SeedInvest. Crowdfunding is a unique way to invest. The risks are high, but so are the rewards.

Keep in mind that if you invest in a tech startup, it’s not going to be an investment you can trade like a stock or a gold coin. Once you put your money behind a company, you’re in it for the long haul. Do your research and invest in a company or a product you believe in.

Get investing. Whether it’s through a safe haven like gold, real estate, or a tech startup, you can take part in Montreal’s continued growth.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email


history of counselling therapy

A brief history of counselling therapy

The history of counselling therapy can be traced back to Ancient Greece when the Greeks first identified mental illness as a medical condition and not spiritual. Human beings have always found comfort in sharing their troubles with others. Many people have differing theories for the origin of counselling therapy. Below is a brief history of

Control on Online Casinos

Legislation – The control on online casinos

Gambling laws and control on online casinos is a very complex subject that is different in every country. You may find some countries that embrace the gambling world, whereas others do anything to completely ban it. Moreover, you can come across different jurisdictions that take on different approaches to online casinos. The US is one

snow storm alert

UPDATE – Snow storm alert – up to 25 cm expected

Snow storm alert – The first significant snowfall in Montreal this season is expected tomorrow Saturday, January 16, 2021. Total snowfall amounts will reach 15 to 25 centimetres by Sunday morning January 17, 2021. Rapidly accumulating snow will make travel difficult. Visibility may be suddenly reduced at times in heavy snow. High concentrations of fine

La Poutine Week 2021

La Poutine Week 2021 delivery edition

La Poutine week 2021 is From February 1st until February 7th and delivered by SkiptheDishes to help empower the Canadian restaurant industry, restaurateurs, servers, and foodies – all in celebration of poutine. This year, La Poutine Week is serving YOU – allowing poutine lovers to discover new venues and savour unique poutines, while providing the

COVID-19 testing and screening

COVID-19 testing and screening in Canada

Since the outset of the COVID-19 pandemic, the Government of Canada has used the latest science and evidence to inform our response. By collaborating with scientists and experts, we are ensuring the provinces and territories have the tools they need to make informed testing and screening decisions. As part of that effort, today, the COVID-19

snow storm alert

How to hire a snow removal company

Wintertime calls for people to start thinking about their home’s outdoor needs: how to remove the snow, how to clean the gutters, how to hire the best Canadian snow removal company near me? In an effort to keep your home safe and warm you may have to call in a professional to come out and

Mtltimes Subscription

The latest on what’s moving Montreal and the world – delivered straight to your inbox