RRSP Eligible Investments

Are you sick of under performing stocks and mutual funds? Many of our investors are as well and that's why they have decided that our fixed interest rate investment products are a great alternative to conventional investing.

Did you know that mutual fund companies charge a management expense ratio or MER...which is fine and I don't have a problem with people making money...but the problem I have with it is that they charge it whether you make money or not!!

So, let's think about this. Are they in the business of making you money or keeping your money? I believe that through their eyes, their only job is to keep your money in their account so that they can charge it a fee and not actually make you any significant money. Does this sound fair to you? Does this sound like an investment?

Did you know that even an average MER fee will eat almost 50% of your investment growth over time? Even on an above average investment return!!! That's because it's charged against the entire investment and not the growth. So if you put in $10k, at the end of the year you haven't made a dime and your MER for that "investment" is 2%which means they charge you $200...so at the end of the year you now have $9,800. Hmmm, doesn't really sound like a win-win investment to me. You take all of the risk and they get the reward.

Here is a concrete example for you:

Original Investment $10,000

Fixed Return: 8% over 20 years

Return Before Fees: $36,610

Management Expense Ratio: 2.5%

Total Fee Impact: ($17,980)

Account Total, After Fees: $18,629

Now, did you make any money in the stock market in the last 12 months? Probably not. Is your broker or fund manager telling you "Well, we didn't lose as much as everyone else". Is that helpful at all and am I supposed to be happy that I am down 20% but everyone else is down 25%?!? Are you concerned that there is more volatility to come?

Why not invest with HGREI?

At Higher Ground, we don't charge any fees on our fixed interest rate investments! If we say you're getting 10% - you get 10%!

Low risk and great returns with no hidden costs to eat away at your investment!