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10-08-2009, 01:11 PM
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#1 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,019
Thanked 10,508 Times in 4,310 Posts
| Canada Savings Bonds
Hey guys,
I see that payroll is offering Canada Savings Bonds through the company. I did some reading online about them but would like to know if anybody has invested in them before. Are they worth investing in?
TIA
__________________ Quote:
Originally Posted by Badhobz  Yeah. Typical Mainlander Barbie doll.
Her car even smelled nice. Like a mixture of luxury perfume and a hint of….. vag ? Fish sauce ? Something a bit dank | | 
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10-08-2009, 01:19 PM
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#2 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,133
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i did. till i found out my money makes more in a regular savings account. i had $50 in there...
the rate for CSB right now is .4%. rbc high interest account is at .75%.
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | 
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10-08-2009, 03:14 PM
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#3 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
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CSB will always be lower then the banks saving accounts.
Only thing CSBs that are better then banks are that it's the govie, you always get paid out. Unless the impossible happens, and Canada no longer becomes canada.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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10-08-2009, 03:15 PM
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#4 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,019
Thanked 10,508 Times in 4,310 Posts
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^
LOL WTF? So why would anybody buy into this...scam? 
__________________ Quote:
Originally Posted by Badhobz Yeah. Typical Mainlander Barbie doll.
Her car even smelled nice. Like a mixture of luxury perfume and a hint of….. vag ? Fish sauce ? Something a bit dank | | |
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10-08-2009, 03:42 PM
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#5 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
Posts: 16,486
Thanked 2,253 Times in 626 Posts
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because they are safe, as safe as safe can be. little to no risk. little to no return. Quote:
Originally Posted by bcrdukes ^
LOL WTF? So why would anybody buy into this...scam? | | |
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10-08-2009, 05:28 PM
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#6 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,019
Thanked 10,508 Times in 4,310 Posts
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Lame. 
Thanks guys.
__________________ Quote:
Originally Posted by Badhobz Yeah. Typical Mainlander Barbie doll.
Her car even smelled nice. Like a mixture of luxury perfume and a hint of….. vag ? Fish sauce ? Something a bit dank | | |
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10-08-2009, 06:14 PM
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#7 | | HELP ME PLS!!!
Join Date: Jan 2004 Location: here
Posts: 5,793
Thanked 146 Times in 67 Posts
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my last CSB was 7% I and I think was cashed last year. (probabaly bought 11 years ago). so I was making 7% last year when banks were 4%.
it was only like $300 though.
I can't image they would be any good right now.
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10-08-2009, 09:24 PM
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#8 | | Orgasm Donor & Alatar owned my ass twice!
Join Date: Mar 2003 Location: Vancouver
Posts: 6,803
Thanked 91 Times in 38 Posts
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Originally Posted by bcrdukes ^
LOL WTF? So why would anybody buy into this...scam? | This rate is also set for the year. Your savings account rate is not. It can still drop lower believe it or not.
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10-08-2009, 10:16 PM
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#9 | | Unauthourized Spammer
Join Date: Jun 2005 Location: .
Posts: 494
Thanked 64 Times in 20 Posts
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I'd be willing to bet Canada hits the deep six before RBC.
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10-08-2009, 11:14 PM
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#10 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,957
Thanked 6,310 Times in 1,777 Posts
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Originally Posted by Chuck Norris I'd be willing to bet Canada hits the deep six before RBC. | I would take that bet.
Though neither are likely. In fact, both of which are nearly impossible.
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