I am in need of some advice and I thought this was a good place to start!
I am a teacher living in Toronto, currently renting and saving in hopes of the 20% housing crash everyone is predicting!
I have a modest amount of $$ saved and it is currently earning almost nothing( 1.5%) in my ING direct TFSA.
I have done some research about what I should be investing my money in but have found the whole thing overwhelming and frightening, and when I have asked for assistance at the financial institutions with which I bank, they are most unhelpful.
What in the world should I be doing with my money? Is it worth paying an advisor, or is it something I should challenge myself with? Where would I even begin finding an advisor?
I am lost.
Any advice is greatly appreciated.