These days, a popular investment vehicle seems to be what the financial industry terms increasing (”Escalating or Accelerated”) rate Guaranteed Investment Certificates (GIC).
The idea behind these GICs is that the longer you hold the GIC, the higher the interest rate earned in those later years. Typically, you will earn less money at the beginning than [...]
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Archive for February 20th, 2006
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Recent Entries
- Paying Down Your Debt - Back in Style?
- Market Timing: “Missed it by THAT much!”
- Consistent Money Machines (aka the Banks)
- Quicken XG 2006: Should You Upgrade?
- Filling My Asset Allocation
- Book Comments: Four Recently Read Books
- Book Review: The Insider’s Guide to 52 Homes in 52 Weeks
- Stocks outperform Treasury Bills? In the long run.
- My Current Asset Allocation
- Primary Residence as an Asset? Another View.
Recent Comments
- Eric in Filling My Asset Allocation
- Eric in Filling My Asset Allocation
- Ben Lawler in My Current Asset Allocation
- Jeremy Wong in About DIYfinances
- Anonym in Consistent Money Machines (aka the …
- Sam in Calculate Effective Yield of a GIC
- Dave in Paying Down Your Debt - Back in Sty…
- average_joe in Filling My Asset Allocation
- Average_Joe in Calculate Effective Yield of a GIC
- Jenny in Filling My Asset Allocation
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