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Email this12:58 pm
September 30, 2017
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Bud said
dont post deposit broker stuff without FI name.
Any written site rules against such posting? If not, I respectfully disagree
... It's just a lead for anyone seriously interested enough to verify and pursue. Their page led me to believe these offers are insured. The deposit broker experience from other members collectively I found here are valuable.
1:27 pm
January 12, 2019
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hwyc said
I like this one -> 2.05% for 3-yr GIC (25K min) spotted today on https://gicwealth.ca/
Fast forward a month and a half, and it's ⬆ now @ 2.15%. And I also like their 2.5 year (30 month) GIC @ 2.00%. Most of their GIC rates are even beating out Oaken right now ❗
But sadly, no ones GIC rates come even close to the present Inflation Rate of
~ 3%. And it gets worse ... factor 'Income Tax' into that, and we're all Big-Time Losers.
- Dean
" Live Long, Healthy ... And Prosper! "
1:36 pm
September 30, 2017
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I had some 
2:57 pm
April 14, 2021
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Dean said
But sadly, no ones GIC rates come even close to the present Inflation Rate of
~ 3%. And it gets worse ... factor 'Income Tax' into that, and we're all Big-Time Losers.Dean
That is always the case. IMO, GIC shouldn't be regarded as investment instruments. Instead, they should be thought of as measures to minimize or reduce the rate of loss to purchasing power from inflation. They will not get you ahead of the game, but simply keep you treading water (if you are lucky).
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