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Email this9:20 pm
February 16, 2013
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Just received this email tonight - the cashable one year term looks interesting!
9:21 pm
September 15, 2017
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Email text:
Rate Update
We're excited to share that effective Thursday, November 18, our term deposit rates (both registered and non-registered) are increasing.
Our term rates (effective November 18) are as follows:
1-year term - 1.50% average
2-year term - 1.60%
3-year term - 1.95%
4-year term - 1.80%
5-year term - 2.20%
The quarterly breakdown of our 1-year term will be as follows:
The first three months: 1.35%
Months four to six: 1.45%
Months seven to nine: 1.55%
The last three months: 1.65%
9:35 am
January 12, 2019
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.
Those ⬆ new rates all constitute significant increases ❗
Source ➡ https://www.highinterestsavings.ca/profile/hubert-financial/gic-rate-history/
But I keep reminding myself that we can't forget about Canada's most recent inflation rate; October @ 4.70%.
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Eg: (1 Year Rate @ 1.50%) - (Inflation @ 4.70%) = -3.20%
We're going Backwards ... Real Fast 
- Dean
" Live Long, Healthy ... And Prosper! "
8:02 am
September 11, 2013
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Even faster than your calculation, Dean, if you have to pay any taxes on your 1.5% rate!
8:31 am
April 2, 2018
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Grab 1.5% while it is still there. Remember EQ's offer for 3 months 1.5%? It lasted about 2-3 weeks...
11:33 am
October 21, 2013
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One year rates at the deposit brokers have all fallen a bit this week although still higher than Hubert.
6:49 am
November 18, 2017
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Remember, folks, that compounded (not but not interest-payout) escalator terms will pay less than the "average" term rate because the earliest (lowest) interest payments will provide less interest to compound than later (higher) ones. Always do the math year by year to get the total earned interest.
RetirEd
RetirEd
2:19 pm
January 12, 2019
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Dean said
.
Those ⬆ new rates all constitute significant increases ❗
Source ➡ https://www.highinterestsavings.ca/profile/hubert-financial/gic-rate-history/But I keep reminding myself that we can't forget about Canada's most recent inflation rate; October @ 4.70%.
Eg: (1 Year Rate @ 1.50%) - (Inflation @ 4.70%) = -3.20%
We're going Backwards ... Real Fast
Dean
Bill said
Even faster than your calculation, Dean, if you have to pay any taxes on your 1.5% rate!
.
Taxes (and death) go without saying, but a reminder ⬆ never hurts.
Sadly ... in the end, we're all just a bunch o' Losers. 
- Dean
" Live Long, Healthy ... And Prosper! "
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