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Reply With QuoteING pays monthly and you always have access to your $
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Feb 20th, 2005 05:19 PM #1
Need investment advice, gic, and mutual funds
I did some research on gics, just wondering, gic's don't pay your monthly? they pay your once a year? and then compound it and you have to wait another year to get interest? I was thinking of it, but then i remember that gic's are heavily taxed.
So i'm looking at mutual funds, but i heard they are risky, how about the taxes on mutual funds dividends? are they heavy? any mutual funds company you can advise me in?
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Feb 20th, 2005 05:25 PM #2Deal Guru
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[You got a dream, you gotta protect it. People can't do something themselves, they wanna tell you that you can't do it. You want something? Go get it. Period.]
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Feb 20th, 2005 09:42 PM #3
gic's are not compounding right?
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Feb 20th, 2005 09:44 PM #4Deal Guru
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Don't think so, it would be yearly compounding vs. ING monthly compounding
Originally Posted by kingfencer
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:hay:
[You got a dream, you gotta protect it. People can't do something themselves, they wanna tell you that you can't do it. You want something? Go get it. Period.]
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Feb 21st, 2005 12:19 AM #5Guests
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What is the monthly rate from ING?
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Feb 21st, 2005 12:27 AM #6Deal Guru
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www.ingdirect.ca Originally Posted by snapcracklepop
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:hay:
[You got a dream, you gotta protect it. People can't do something themselves, they wanna tell you that you can't do it. You want something? Go get it. Period.]
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