Investing

GIC’s

All You Need to Know About Investing in a Canadian GIC

One of the products Canadian banks want to sell to you is a Guaranteed Income Certificate (GIC). Whether you’ve heard about it before or not, a GIC should definitely be part of your asset portfolio. Our job at Learning Bull is to tell you everything you need to know about GICs, from the terms to […]

gic


WHAT ARE THE BEST GIC RATES IN CANADA?

We are all aware of how the COVID-19 pandemic led to a recession in the Canadian economy. It affected every sector so deeply that Canada saw its highest unemployment rate in several decades. In these uncertain times, savings play a huge role in every person’s life. With so much uncertainty in the job market, stock market, […]

GIC

A GIC or a Guaranteed Income Certificate is exactly that. It is a secure investment with very low risk. And since it is guaranteed, you need not worry about losing your investment. A GIC is a lot like a savings account – you basically deposit a sum of money into it and earn interest on […]

GIC

Retirees: Should You Invest in GICs?

So, if you are retired, check out these features of Guaranteed Investment Certificate before investing in GIC. The key is not to go overboard.

RRIF

Can GICs Beat the Inflation Rate?

Guaranteed Investment Certificate (GIC) is a safe investment option as it offers a fixed interest rate, irrespective of the market conditions. However, it does not beat inflation rate.

Can GICs beat inflation rate_