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A tax-free savings account is an account where the investment income generated is exempt from income taxes. Roth IRAs are prime examples of tax-free savings accounts. Hea...
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A systematic savings plan is simply a plan where the investors allocates a set amount of money into a savings or investment account on a regular basis. Systematic plans c...
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CDIC deposit insurance is the equivalent of the deposit insurance fund of the FDIC. It guarantees the deposits of those with deposits in Canadian banks up to C$100,000 pe...
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A stripped coupon is a bond which an investor bypasses the features included like guarantees of principal and interest and looks toward what the actual yield returned fro...
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An RRIF is a retirement plan or fund where you can roll over or convert your RRSP to an RRIF. The purpose is to provide retirees with a consistent income. The Canadian-ba...
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A lot of people attempt to get complicated when describing what a multiple listing service is, but it's nothing more or less than access to a wide variety of homes listed...
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