finizi anyone? | GIC | Discussion forum
I read in a newsletter about finizi.com where companies bid for your GIC money.
Has anyone heard of it/tried it?
Today I am depressed because I work so hard and see so little at the end of the day. I know there are so many without but I worked so I would at least be happy and comfortable. Now all I do is worry and feel like crying. Getting 2% on my GICs is dreadful and other avenues of income like mutual funds are just not the answer. I don't think anybody unless they are young, can make anything on GICs for income.
January 30, 2009
It's an interesting idea, but from their own table, the bids aren't much better than the regular rates that are offered. Still, something to keep in mind as rates rise (if they ever do!).