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Take control of your financial destiny with great insights, tips and advice from Senior Financial Planners Rob McClelland and Mike Connon at The McClelland Financial Group of Assante Capital Management Ltd.
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Thursday Jan 26, 2023
Thursday Jan 26, 2023
Why your cash should be making money for you and not for your bank.
While interest rate hikes can be daunting for those who are carrying large amounts of debt they can be a boon to those who are holding funds in cash. Today on ThinkSmart Financial Advisors Rob McClelland and Mike Connon go in-depth on the topic of cash holdings. They will discuss various products from high-interest savings accounts, and GICs, to money market funds, short-term bonds, and more. What are the advantages and disadvantages of each, and how you might capture that extra interest that belongs to you?
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