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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Welcome to my first book review!
To get this series started, I thought I would begin by reviewing a book that would motivate users to take charge of their own financial futures. “The Naked Investor – Why Almost Everybody But You Gets Rich on Your RRSP” (ISBN 0-14-301623-7) written by John Lawrence Reynolds.
The purpose [...]

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I am an average Joe Investor just like everybody else. However, in February 2005, I became fed up with being a passive participant in the management of my own finances. At that point, I decided to take control of my own finances.
No more blindly accepting the propaganda of the financial institutions. No [...]

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