GIC News


Extreme Income Alert: How to Get a 9.7% Yield From Bank of Montreal
The Motley Fool Canada
And while investors wait for Canada's economy to improve, the banks are paying dividends of up to 5%. In a world where negative interest rates are very much a thing, these yields are attractive to income investors. Income investors who are willing to ...

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How to Turn Your Savings into a High-Income Stream
The Motley Fool Canada
Are you unsure about what to do with your savings because interest rates are so low? Guaranteed investment ... That's not enough to cover the long-term inflation rate of 3%, which means if you're putting your money in GICs, your purchasing power is ...


How Investing in Stocks Differs From Investing in GICs
The Motley Fool Canada
Guaranteed Investment Certificates (GICs) allow you to earn interest, and you're guaranteed to get your initial investment back at maturity. The interest rate of a GIC is around 2%. Usually, the longer the term, the higher the interest rate. However ...

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Make Extra Money With 3% More Returns
The Motley Fool Canada
I recently saw a Canadian bank offering a GIC with a 2% rate of return. However, Canadian banks, such as Toronto-Dominion Bank (TSX:TD)(NYSE:TD), provide dividend yields of at least 4% today. Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) yields 5%.

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New Investors: It's Dangerous to Invest Like This
The Motley Fool Canada
To ensure capital preservation for the year, Ann should put her money in a short-term GIC instead. Yes, interest rates are low, so the money saved may not be enough for her vacation. In this case, she'll need to raise her savings rate if she wants the ...