Investment guidance

[dealstime]

Hi guys,
I would like some guidance in investing my savings (around 10k). Right now I have it in canada trust's GIC and I am getting 3.4% interest. I thought I had made a wise decision . After going through some threads in this forum and also the high savings account details I think I am actually not doing justice to the money and planning to invest it somewhere.

So here is my question. I do not want to lose my $$. So the only option I found was to invest it in HSBC or ICICI high interest savings accoung (4.1%). Is there any other safe option. Do we have any mutual funds where we will get guarenteed money back??


Btw I went through the features section for high interest savings account and found that we can link ICICI account with say TD bank account. Is there any charge involved for money transfer ??


Thanks

[shapeshifter]

Hi guys,


Btw I went through the features section for high interest savings account and found that we can link ICICI account with say TD bank account. Is there any charge involved for money transfer ??


Thanks

hmm td charges 15$ for wire transfer

[dealstime]

hmm td charges 15$ for wire transfer

oops thats bad. I guess I need to send cheques in that case or just withdraw money and just go to ICICI and deposit

[asdfvcx]

hmm td charges 15$ for wire transfer

You can do a simple transfer without wiring. To transfer money out of TD, you'll pay the same amount as writing a cheque or doing a debit.