RE:RE:RE:RE:RE:RE:Monthly AveragesOk low risk. Still better on a risk-adjusted basis. The monthy average rates you posted for FCU would generate an annual return of about 10% - well below a risk-adjusted required rate of return. I'm not a big fan of GIC's but we are living in uncertain times.
Greenday wrote: @ 199930 - No risk on a 1 year GIC? Think again. There's plenty of risk. Inflation is running at about twice that right now. Unless the inflation rate falls below 3.687% over the next year you're going to be losing money.