While GICs bear certain similarities to other investment products like mutual funds, bonds, CDs, and time/term deposits, they remain distinct from other types of investment vehicles. So what is a GIC? A Guaranteed Investment Certificate is a financial product, usually presenting virtually no risk to the investor’s principle, with the potential for returns. Minimum GIC investments usually start… Read More »
For cat lovers what could be a better housewarming gift than having a furry feline delivered right to your new home? 🙂 The largest bank in Eastern Europe called Sberbank Rossii is offering this unique service right meow. 😀 For a limited time only anyone who signs up for a mortgage with this lender will be able to choose one from a selection of ten different… Read More »
I recently saw a list of financial milestones on The Money Pincher. Ideally all 30 in the list should be achieved when one turns 30 years old 🙂 I still have a few more years to go before turning 30, but I thought it would be interesting to give it a shot anyway 😀 The milestones I’ve already hit are written… Read More »
It’s the first day month of Autumn 🙂 It’s hard to believe another month has gone by already. The U.S. economy grew at a brisk 4.2% in the second quarter of 2014, and Canada’s increased to 3.1%, which is the fastest pace since 2011. Consumers are spending more, exports are up, and stock markets are reaching all times… Read More »