Enough Stimulation Big Boy
The economic stimulation that cheap interest rates have set up, has now trapped governments into keeping rates low for fear of causing cataclismic failures. This has been going on since 2009?
Canajun Finances
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Interest Rates
0.25 % Interest Rates, Holy Cow!!!!
In April 2009, the Bank of Canada shocked the financial world by lowering its key overnight rate to just 0.25%, marking the brink of “free money” territory. This post captures the economic anxiety of the time: a collapsing economy, deflation fears, and uncertainty around whether the big banks would pass the savings on to consumers. Through a personal and humorous lens, it examines how rapidly shifting interest rates reshape our expectations about inflation, savings,
Money is Cheap so let’s Invest!!!
Is it a good idea to borrow money so that you can invest? Depends on the reason why. I borrowed to buy an RRSP once, to lower my income, but that was a very specific example.
Money for pretty much nothing
In 2009 we started the historically low interest rate model that continues on today and may be the only model that works?
TFSA vs. RRSP?
TFSA or RRSP is a question many folks ask, but both have their place in. your financial plans. TFSA seems better for short-term savings.
