A Closer Look at Guaranteed Investment Certificates

Investors are led to believe they pay no fees when investing in Guaranteed Investment Certificates (GICs). The truth is that the interest you are paid on a GIC is much less than what the bank earns when they subsequently invest your money in loans or mortgages.

Feel free to contact me or visit my website for more information.

Douglas J. Bodtcher                               
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

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This entry was posted on Thursday, June 6th, 2013 at 3:58 pm and is filed under Edmonton, Investing, Statistics, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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