Hi All,
I am a newcomer to Canada. I have been working in the last 7 years in the gulf area as an petroleum engineer in one of the oil and gas service companies. The jobs' prospects for this industry is very slim in Canada and that is why I am thinking about investments. I have around 200,000 CAD in cash and I would like to know from your point of view what are the opportunities for me here in Canada as I am new and I don't want to keep spending and depleting this cash without a job or without an investment.
How can I start investing this money and receive a decent annual return on that. Any idea is welcomed.
* I would like to thank all the people here as I have learnt a lot during my PR process from this forum.
I am a newcomer to Canada. I have been working in the last 7 years in the gulf area as an petroleum engineer in one of the oil and gas service companies. The jobs' prospects for this industry is very slim in Canada and that is why I am thinking about investments. I have around 200,000 CAD in cash and I would like to know from your point of view what are the opportunities for me here in Canada as I am new and I don't want to keep spending and depleting this cash without a job or without an investment.
How can I start investing this money and receive a decent annual return on that. Any idea is welcomed.
* I would like to thank all the people here as I have learnt a lot during my PR process from this forum.