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Good options for HISA and TFSA
August 30, 2026
12:16 pm
Dean
Valhalla Mountains, British Columbia
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AltaRed said

You could do a lot worse than educating yourself with various aspects of https://www.finiki.org/wiki/Main_Page a financial wiki for Canadians put together by the collective wisdom of members of 'The Financial Wisdom Forum'. Even if you eventually consider a financial advisor, you will go into it a lot more knowledgeable than being led by the nose with wizardry and industry euphemisms.  

Link ➡️ https://www.financialwisdomforum.org

    Dean

sf-cool " Live Long, Healthy ... And Prosper ! " sf-cool

August 30, 2026
12:49 pm
Y.S.
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Although it's a nice 2.8% savings rate at Oaken, the availability of this money may be constrained by:
- no eTransfers out, other than those that the bank originates to your linked financial institutions (no personal eTransfers, as we might consider the term generally).
- hold times on deposits at the receiving bank may upset your schedule.

Effectively, if you need regular and immediate access to your money, Oaken might not work as the only savings option for some expenditures.

Writing as someone whose financial knowledge was below the minus mark - and remains, sadly, barely above this - I attribute my remarkable solvency in part to this forum. Check out some archival topics. Maybe contributors can recommend some. (I completely understand your experiences with the Trillion Tabs of Dubious Definition...)

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