Quote:
Originally Posted by BigNumbers
If you are using a High Interest savings account, you're doing it (investing) wrong.
As a short term cash park that's okay - but to make a thread over $200 free doll-hairs for investing $10,000?
|
The $10,000 will gradually be used up within the next 12 months to pay for renovations to my home.
I just wanted someplace to park it that I can access as required throughout the year. ... and if Tangerine will pay 1.3% interest on the money plus give me $100.... why not?
It certainly is a way better deal than I'm getting through Scotiabank right now.