One of the worst guarantees that come along with investing inside GIC's is that they are certain to lose money to inflation.
Investors need to better understand the relationship they have with their banks with respect to these types of investments. The advantages certainly are not tipped in their favour.
In this video, we discuss why you should always have the mindset of being an "owner" rather than a "lender" when it comes to term deposits and GIC's...
As always, we want to 𝙩𝒉𝒂𝒏𝒌 𝒚𝒐𝒖 𝒇𝒐𝒓 𝒘𝒂𝒕𝒄𝒉𝒊𝒏𝒈 𝒕𝒉𝒊𝒔 𝒗𝒊𝒅𝒆𝒐. We are extremely grateful for your attention and consideration. We know there are many other things you could be doing with your time and we commend you for your commitment to growing your wealth!
𝑩𝒆 𝒔𝒖𝒓𝒆 𝒕𝒐 𝒔𝒖𝒃𝒔𝒄𝒓𝒊𝒃𝒆 𝒕𝒐 𝒌𝒆𝒆𝒑 𝒖𝒑 𝒘𝒊𝒕𝒉 𝒐𝒖𝒓 𝒅𝒂𝒊𝒍𝒚 𝒗𝒊𝒅𝒆𝒐𝒔 𝒃𝒆𝒍𝒐𝒘:
►𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄 𝐇𝐄𝐑𝐄: https://www.youtube.com/channel/UCIst...
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“Any views or opinions expressed in this video are solely those of the Representative and do not necessarily represent those of Harbourfront Wealth Management Inc. The information contained herein was obtained from sources believed to be reliable, however, the accuracy is not guaranteed. This information transmitted is intended to provide general guidance on matters of interest for the personal use of the viewer who accepts full responsibility for its use and is not to be considered a definitive analysis of the law and factual situation of any particular individual or entity. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or professional advisors. Prior to making any decision or taking any action, you should consult with a professional advisor.”
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