Best Rate Around – Tax-Free Savings Account
A great and smart idea that needs better marketing. This simple concept of Best Rate Around is unique in concept and may be a cute play on words; but it really means business, big business, big enough that the big banks make a tidy some off each and every year. Now something new Tax-Free Savings Accounts another way to get your money.
Most Canadian financial institutions including banks, trust companies, insurance companies and other financial organizations including small business corporations. What are they? how do they work? who sells them? what is eligible? and how can I create a self-directed Tax-Free Savings Account and invest in alternative vehicles and methods.
Lets take a good, smart and hard look at the product, the plans and the services along with the usual suspects before we determine (Tax-Free Savings Accounts) are good and underlying investments and strategies may be suspect.
Over time the hype will settle and it may be benefits under-marketed and less used. Tax-Free Savings Accounts are a good, smart way to save money tax-free by investing in any number of ways. Paying less tax and investing for the future in this manner create an excellent long term strategy to save and invest. Learning that usual line-up of complex investment components are available from the most likely merchants makes it slightly less interesting.
What is new, exciting and still to come is the concept of self-directed Tax-Free Savings Account and a day where small business and big business collide as some small Canadian corporations take advantage for all the right reasons. Small Business – Crowd Funding – and Self-Funding are just some of the new ways of investing in these newest of registered plans.
Best Rate Around dedicates itself to finding the lowest mortgage rates and high deposit rates; without chasing companies, businesses and institution realize the online investment marketplace and good products, great service and tremendous saving becomes evident to consumers and product manufacturers.
Posted: January 27th, 2014 under Banks, Cost of Living, Guaranteed Investment Certificates, money, Mortgages, Newsletter, Personal Finance, Principal-Protected Notes, Taxes, TFSA.
Tags: alternative investments, best rate, best rate around, best rates, canadian money, deposit broker, gic, gic dealer, gic rates, guaranteed investment certificates, investment dealer, me and my money, tax free savings account, TFSA, you and your money