Guarantee Advantage is an excellent alternative to GICs. The product is a ‘market linked term investment’ that offers a guaranteed minimum return over a 3 or 5 year term with risk free access to securities, of well established companies.
The current campaign is offering up to 10% over a 3 year term and up to 25% over a 5 year term. (Current Campaign – Deadline for deposits: March 27, 2015). Campaigns run four or five times a year and rate offerings will vary.
More Features:
– higher return potential than fixed interest term investments
– no portfolio management or management fees
– can be surrendered anytime
– minimum investment of $500
– deposits accepted up to age 95
– eligible for registered plans including TFSAs
– protected by Assuris
What the Banks Can’t Give you When you choose Desjardins: click here
Contact me to request more information on the current campaign.
93 percent of high school students who took a class on personal finance or money management said they were more likely to save.
Segregated funds are an excellent tool for estate planning as they are kept separate from the estate thus protected against probate. These funds are distributed exclusively by life insurance companies and are payable at death as a tax free benefit. This category of funds has many advantages over mutual funds….Read more: 
You’ve worked hard for many years, likely decades, to get where you are today. It can all be taken away in a matter of moments without proper plans in place. Estate planning starts by considering the events and changes that death or serious illness will bring. Then it tries to improve the situation for you and your heirs.
As many approach or enter retirement, there is often a reluctance to make a change in their residence. There are even schemes that capitalize on this reluctance called reverse mortgages. They promise you that you can stay in your home and access all the cash you want to make ends meet, go on your dream vacation or help family members. This is simply a way to take advantage of a desire to maintain a possibly unrealistic lifestyle.