Guaranteed Investment Certificates (GICs) provide a fixed rate of return over a specified period, offering safety and predictability. While they yield more than standard savings accounts, GICs ...
I often default to the risk free rate of return or the 3 year GIC rate. Then use an optimistic return. If we look at the stock market, it’s commonly thought that the stock market could produce 10% to ...
This TFSA strategy can reduce risk while raising the average yield. The post How to Use Your TFSA to Average $382.50 Per Month in Tax-Free Passive Income appeared first on The Motley Fool Canada.