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$6000 to Invest for 6-12 Months... What Should I Do? Options
joggler
Posted: Tuesday, September 16, 2008 7:51:12 PM

Rank: Senior Student
Groups: Member

Joined: 3/4/2008
Posts: 142
Location: Canada
What would you guys advise as a safe no-risk investment?
Kaylya
Posted: Tuesday, September 16, 2008 8:59:01 PM

Rank: Student Body President
Groups: Member

Joined: 3/4/2008
Posts: 1,482
Location: Ottawa
High interest savings account or short term GIC. That basically sums up "no risk" investments and they both work for short term.

High interest savings account gives you access to your money at any time (possibly with a delay of a few days), a GIC gives you higher interest but you lock your money away for a set term (and early withdrawl rates vary). ING Direct offers both high interest accounts (which I've had for a few years now) and GIC's including ones for as little as 90 days (where most start at a year). If you are interested in ING PM me and I can send you a referral code where we can both earn $13 if you start an account and deposit at least $100. And in the interests of not being a complete shill for ING, PC Financial and HSBC have similar high interest accounts (and possibly GIC's) that you might consider looking at, and I'm sure there's other places that do as well although most of the major banks don't offer nearly as much interest.

With ING you send them a cheque to yourself that's your initial deposit, afterwards you can move your money online between your chequing account and your savings account and it takes a couple days for the transfer to go through. You can also get a debit card to go with it but I never have.

Remember that it often takes just as long to do a search or two on Google to try and find the answer to your question as it takes to type it in a post here, let alone the time waiting for a reply.
If your question is "What mark does it take to get into University X", or "What are the requirements to get into University X", it's on their website and/or electronicinfo.ca (for Ontario schools). Particularly for Ontario schools, those ranges are a pretty good picture of what kind of mark will get you into the program, and if you're more than a couple percent higher it's practically guaranteed unless it requires a supplementary form.
GGG
Posted: Tuesday, September 16, 2008 9:31:40 PM

Rank: Student Body Vice-President
Groups: Member

Joined: 3/5/2008
Posts: 800
Location: toronto
um... AIG

DD


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