Dec 04
Insurance Guaranteed Investment Certificates (GIC’s) operate similar to that of a GIC offered by your bank or financial institution. For example, you invest $1000 into a GIC for 1 year at a rate of 5%. At the end of the year you now have an investment worth $1050. So, why would you want to own …
Jan 12
Invest with security With the ups and downs of the market, many clients have been looking for security within their investment portfolios or at the very least, how to reduce risk within their portfolios. One of the more popular options available to reduce risk is a guaranteed investment certificate (GIC). GIC’s allow an investor to …
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