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Hello and thank you!
August 26, 2022
7:44 pm
Curry-Head
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I've been a lurker for a while and decided to sign up.

I wanted to post and say thank you for this site, and for all that I've learned from the posts from other people, and from watching the trends in rates over time.

I'm currently laddering 1 year GIC's by buying 1 certificate per month, and have been doing since May. I'm thinking of maybe pushing out to the 2 year as well, but I'll cross that bridge when I get to to it.

Thanks again, everyone, for this great resource.

CH.

August 26, 2022
11:31 pm
Loonie
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Welcome to the forum, CH - and let us know what you discover!

August 27, 2022
8:20 am
rodeworthy
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CH Good to hear from you. Welcome!

I like your plan. Very similar to one I have used successfully in the past and about to embark on another run starting in September. Plan is to buy a 1 and 2-yr GIC each month for 12 months. When the 1-yr GICs mature they will be re-invested in 2-yr GICs. I believe we are in for rising/stable interest rates for some time to come. This plan is well suited to that. Current rates are even better than the same strategy I began in 2016 which was successful. I wish you good success with your plan too. Let us know how it goes.

Of course, if it all blows up and interest rates go back down again the plan can be suspended or abandoned with little adverse affect. It is reassuring to have that control.

August 27, 2022
8:25 am
Nehpets
Ontario
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Curry-Head said
I've been a lurker for a while and decided to sign up........CH.  

Welcome to the Forum, CH! Glad you joined us and look forward to exchanging ideas with you!

Stephen

August 27, 2022
1:15 pm
toto
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Welcome Curry Head! sounds like you have a good plan!

August 29, 2022
4:57 pm
Curry-Head
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Thank you for the warm welcome!

CH.

December 14, 2023
9:07 am
joliu7
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at the begining just thought no harm to try. But got the promotion money just in a week.sf-surprised Thanks highinterestsavings.ca!sf-yell

December 14, 2023
9:48 am
Dean
Valhalla Mountains, British Columbia
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Curry-Head said

Thank you for the warm welcome!

CH.  

... But you haven't said a word, since.

Don't be afraid to participate. sf-smile

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

January 4, 2024
8:54 am
Curry-Head
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Hah hah, Dean!

First things first - a Happy and Prosperous New Year to all!

I don't have much to say, to be honest! I'm still following a pretty basic game plan, and check in here to follow rate changes, especially for GIC's.

My New Year Resolution this year is to deal with fewer financial institutions. The extra admin effort, and some really poor customer service - just isn't worth a few points of interest. 🙂

CH.

January 4, 2024
11:02 am
Dean
Valhalla Mountains, British Columbia
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.
. . . and don't forget to also check on the recent forum discussions,
as well (https://www.highinterestsavings.ca/) ... there's Lots to be
learned there too! sf-smile

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

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