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evman150 · 01-28-2008, 04:43 AM

Okay, so about 8 months ago I made a bonehead financial decision and sunk a lot of money into a non-redeemable GIC at ScotiaBank. At the time it seemed like the right thing to do, but things went downhill soon after and now I am suddenly scrambling for tuition money.

My question is are non-redeemable GICs ever redeemable? Or a portion of the money? I would only need maybe 1/6th of the original investment back to let me coast for a while and make some money.

What can I do here?

Tuition is due on the 31st, help!

01-28-2008, 04:43 AM	#1
evman150 #1 Goaltender Join Date: Nov 2002 Location: Richmond, BC Exp:	Redeeming Non Redeemable GIC Okay, so about 8 months ago I made a bonehead financial decision and sunk a lot of money into a non-redeemable GIC at ScotiaBank. At the time it seemed like the right thing to do, but things went downhill soon after and now I am suddenly scrambling for tuition money. My question is are non-redeemable GICs ever redeemable? Or a portion of the money? I would only need maybe 1/6th of the original investment back to let me coast for a while and make some money. What can I do here? Tuition is due on the 31st, help! __________________ "For thousands of years humans were oppressed - as some of us still are - by the notion that the universe is a marionette whose strings are pulled by a god or gods, unseen and inscrutable." - Carl Sagan Freedom consonant with responsibility.