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  5. CASH: Not having the ability to look into a crystal ball and see the future [Global X High Interest Savings ETF]
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Q: Not having the ability to look into a crystal ball and see the future: How would you invest 500,000 CAD with a 6-month time frame in mind and the realization that there are capital gains and other factors to consider. Investment appetite is mildly-conservative.
Thanks for your ideas. Lesley
Asked by Lesley on June 03, 2024
5i Research Answer:

With a six-month timeframe we would not want to take any risk at all. It is too short for equity exposure. It is too short for bond exposure, other than very short term T-Bills. It brings us right to the US election fallout, whatever that might be. We would only be comfortable with a GIC here, or a high interest savings ETF such as CASH.