A GIC is a Guaranteed Investment Certificate. As the name suggests, it’s a very safe investment option compared to mutual funds and individual stocks. This blog will help you understand what they are and if they might be helpful for you. When you invest in a GIC, your...
Financial independence is something that lots of people aspire to. By saving and investing from as early an age as possible, some people can even build up enough money to leave the workforce in their 40s or 50s. Some people strive to retire in their 30s – and there’s...
No matter what you are saving for, a Tax Free Savings Account (TFSA) is a great way to save, be it a long-term goal such as retirement or a short term goal such as a renovation or a vacation! If you have never opened a TFSA and have been eligible for the TFSA since...
“A 131-year-old insurance company has out-innovated everyone in making savings accounts more useful for everyday banking. New and nimble financial technology companies – fintech – have brought some cool products to personal finance. But the Manulife Advantage Account,...