Oaken Blog
News, information, useful resources and guest writers on a wide variety of topics
Plenty of articles to choose from
We understand that sorting through all the investing possibilities out there can be overwhelming. With so many choices available, how can you be sure you have chosen the best strategy to suit your needs?
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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.
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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.
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Are you interested in learning how GICs could be incorporated into your portfolio, but confused by how they work? Are you unsure how to find the best GIC rates, or even if it makes sense for you to invest in GICs at this particular time?
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