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by marketgod
2716 days ago
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You can look into a ladder GIC. You can do this to stay on pace with inflation. It won't make your profits but at least your money won't be disappearing in a chequing account. Set it and forget it basically and just let it re-enroll as you most likely won't need all your money at once. Doing this for your personal accounts is good as well, for the emergency savings money. The other alternative for your own account is to use a high interest savings account as those have a decent rate. See what Apple does [1]. [1] https://en.wikipedia.org/wiki/Braeburn_Capital |
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