WhatFinger

Bonds may be boring, but unlike stock markets, they're safe

Getting off the roller-coaster


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By —— Bio and Archives November 23, 2008

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You might be paying more attention than ever before this year to the TV ads announcing Canada Savings Bonds are again on sale.
Investing doesn't get much safer -- or more boring -- than purchasing these bonds. Given today's market volatility, though, boring seems to be the new black. While a 1.85 per cent return on a savings bond does not even keep pace with inflation, Canada Savings Bonds at least won't lose their value, can be cashed at any time, have no fees and are fully guaranteed. They can also be purchased in increments as small as $100, and the maximum purchase is $500,000, if you've got that kind of spare change lying around. More...



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