Comments on: QuickTax Winners and Financial Ramblings

By: Canadian Capitalist

Canadian Capitalist — Mon, 08 Mar 2010 15:23:11 +0000

Thanks for the mention Mike! Cheers.

By: The Financial Blogger

The Financial Blogger — Mon, 08 Mar 2010 11:36:30 +0000

@Arjun,

It was my 2nd season in the same office and it went pretty well. I don’t know yet about the volume of our branch so I don’t know if it has increased or not.

However, while I noticed that several investors prefer to “park their money into ING accounts” and want to wait for better interest rate, I was able to explain to most of my clients that they are losing money if they do that.

It is sad, but people chasing rates will lose money over the next 3 years. I have a client who preferred to wait for better interest rate while he could get 4.00% for 5 years (with a bond ladder system) back in 2008… he is still waiting…

By: Arjun Rudra @ InvestingThesis.com

Arjun Rudra @ InvestingThesis.com — Mon, 08 Mar 2010 05:44:32 +0000

Hey TFB,

With the RRSP season just ending, what did you think of the volume as compared to last year?

At the institution I work at, the volume was probably 3 times the volume of 2009 however, a number of people were choosing to park their cash in low yielding GIC’s or money market funds ….why do you think that is?

By: admin

admin — Sat, 06 Mar 2010 21:19:30 +0000

Thanks for the link TFB, much appreciated:)

By: Ray @ Financial Highway

Ray @ Financial Highway — Fri, 05 Mar 2010 17:34:27 +0000

Thanks for the mention! Have a good weekend!

By: The Rat

The Rat — Fri, 05 Mar 2010 17:05:31 +0000

Thanks for the mention!

By: MD @ Studenomics

MD @ Studenomics — Fri, 05 Mar 2010 16:37:51 +0000

You must be relieved to be done with tax season. Thanks for mention.