8:51 am
July 13, 2011
Very Interest-ing.
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9:02 am
December 7, 2011
5:32 pm
... maybe many people are still not aware of the 3.00% ... [so let us look at our chart pls] and kaboom:
https://www.highinterestsavings.ca/chart/
as you can see, we have 3.00% on these financial institutions
a.) Canadian Direct Financial (I have an account here)
b.) Peoples Trust
and at close
c.) Canadian Tire Financial at 2.50%
d.) AcceleRate Financial at 2.20%
4:09 pm
December 21, 2011
I don't have TFSA contribution room left for 2011, and I was thinking to take advantage of this 2% by contributing $5000 on the beginning of 2012. And suddenly a thought occurred: If I withdraw the existing $5000 at the very last day of 2011, then I will have contribution room of$10,000 on the day after which is the 2012-01-01? Then I can contribute the total amount $10,000 back to the TFSA, but earn 2% interest based on $10,000 instead of $5,000 until April 30, 2012! Am I right? Any comments on this?
3:07 pm
Wendy said:
I don't have TFSA contribution room left for 2011, and I was thinking to take advantage of this 2% by contributing $5000 on the beginning of 2012. And suddenly a thought occurred: If I withdraw the existing $5000 at the very last day of 2011, then I will have contribution room of$10,000 on the day after which is the 2012-01-01? Then I can contribute the total amount $10,000 back to the TFSA, but earn 2% interest based on $10,000 instead of $5,000 until April 30, 2012! Am I right? Any comments on this?
I would pull my money ASAP and look at putting it here....even in a 1 year GIC.
http://www.acceleratefinancial.....rates.aspx It does not matter when you do the deposit in 2012. I would be reluctant (personal choice of course) to deal with PC or CT as they are a front for one of the big 5......and have you ever seen a happy PC employee? For some reason I prefer not to deal with a company that does not have happy people working for them!! 88kanaka.....Maple Ridge BC
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