GICs are 'tempting' but only for a shorter period, money manager says

GICs are ‘tempting’ but only for a shorter period, money manager says

GIC yields are once again attractive to investors, but at least one money manager says choosing a five-year GIC may not be the best choice. With Guaranteed Investment Certificates (GIC) yields now above five percent and interest rates widely believed to have potentially peaked, some investors may be considering locking in those high yields. However, …

GICs are ‘tempting’ but only for a shorter period, money manager says Read More »