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Guaranteed Investment Products
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While there are few guarantee's in the investment world, we are all familiar with GIC's - Guaranteed Investment Certificates. Sadly, in today's low interest rate environment, the peace of mind gained by investing in GIC's is often offset by the taxes owing upon maturity and the fact that the annual cost of living seems to be increasing at rates higher than current GIC rates.
Volatility in global stock markets in recent years have created the need for new investment products and focuses on older investment products that we haven't thought about in recent times.
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