Oaken Blog

GICs benefit from rising interest rates read more

Here’s a quick refresher on GICs in Canada. read more

Get the most out of your GICs with the laddering strategy. read more

At first glance, a Guaranteed Investment Certificate (GIC)may seem a very straightforward investment, but there’s actually a few things you need to consider before choosing a GIC. read more

You’d be forgiven for thinking that the term “Money Illusion” is some kind of magic trick. And while it does suggest that things are not as they appear, there’s nothing magical about it. read more

Financial advisors recommend an investment portfolio balanced with equities such as stocks or mutual funds, together with fixed income instruments including bonds and GICs. Generally speaking, equities are considered higher risk than fixed income as equity values fluctuate depending on market conditions. Fixed income securities, as their name implies, produce a stable return for the investor. read more

Saving for a long-term objective requires you to balance the protection of the principal, with the ability to still generate an acceptable return rate. As noted last week, GICs offer safety together with guaranteed returns making them ideal for helping you save for a future goal such as your retirement. read more