There are definitely reasons to buy GICs: they provide security of capital and also generate some income. With interest rates reaching as high as 8% in the past two years, GIC returns right now are exceptional compared to the previous average of approximately 2% prior to the pandemic. Let's look at the history of GICs.
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For many years, GICs have been viewed as a safe-but-not-terribly-exciting option for those who didn’t want to play the rollercoaster game of …
Read article*This article is sponsored by EQ Bank If you’re like the average Canadian, you’ll get married and have children around the time you turn 30. …
Read article*This article is sponsored by EQ bank If you want to invest your money with low risk of losing it, guaranteed investment certificates (GICs) …
Read article* This article is sponsored by EQ Bank If you’re like most Canadians, the amount of risk you can take when it comes to saving for the future …
Read article* This article is sponsored by EQ Bank As world events cause stock prices to dramatically rise and fall, you might be wondering how to protect …
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