GIC Rates Up | Simplii Financial | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
March 26, 2020
6:45 am
GR
Member
Members
Forum Posts: 700
Member Since:
September 15, 2017
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Simplii raised GIC rates. For example, 1 yr 2.20%.

https://www.simplii.com/en/rates/gic-rates.html

March 26, 2020
7:13 am
canadian.100
Member
Members
Forum Posts: 1054
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

GR said
Simplii raised GIC rates. For example, 1 yr 2.20%.

https://www.simplii.com/en/rates/gic-rates.html  

With inflation around 2.2% and after income tax on the interest, from an economic point of view, this return is a "guaranteed loss" in both capital and buying power.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.