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Old 10-08-2009, 02:11 PM   #1
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Canada Savings Bonds

Hey guys,

I see that payroll is offering Canada Savings Bonds through the company. I did some reading online about them but would like to know if anybody has invested in them before. Are they worth investing in?

TIA
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I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off.
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For a woman with her wealth she’s pretty meh…. I think she’s in her 30s

If she was a broke ass bitch who drove a Kia I’d say she’s pretty decent.
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Old 10-08-2009, 02:19 PM   #2
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i did. till i found out my money makes more in a regular savings account. i had $50 in there...

the rate for CSB right now is .4%. rbc high interest account is at .75%.
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Old 10-08-2009, 04:14 PM   #3
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CSB will always be lower then the banks saving accounts.

Only thing CSBs that are better then banks are that it's the govie, you always get paid out. Unless the impossible happens, and Canada no longer becomes canada.
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Old 10-08-2009, 04:15 PM   #4
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LOL WTF? So why would anybody buy into this...scam?
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For a woman with her wealth she’s pretty meh…. I think she’s in her 30s

If she was a broke ass bitch who drove a Kia I’d say she’s pretty decent.
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Old 10-08-2009, 04:42 PM   #5
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because they are safe, as safe as safe can be. little to no risk. little to no return.

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^
LOL WTF? So why would anybody buy into this...scam?
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Old 10-08-2009, 06:28 PM   #6
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Lame.

Thanks guys.
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I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off.
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For a woman with her wealth she’s pretty meh…. I think she’s in her 30s

If she was a broke ass bitch who drove a Kia I’d say she’s pretty decent.
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Old 10-08-2009, 07:14 PM   #7
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my last CSB was 7% I and I think was cashed last year. (probabaly bought 11 years ago). so I was making 7% last year when banks were 4%.

it was only like $300 though.

I can't image they would be any good right now.
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Old 10-08-2009, 10:24 PM   #8
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^
LOL WTF? So why would anybody buy into this...scam?
This rate is also set for the year. Your savings account rate is not. It can still drop lower believe it or not.
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Old 10-08-2009, 11:16 PM   #9
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I'd be willing to bet Canada hits the deep six before RBC.
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Old 10-09-2009, 12:14 AM   #10
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I'd be willing to bet Canada hits the deep six before RBC.
I would take that bet.

Though neither are likely. In fact, both of which are nearly impossible.
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