rukawa Posted May 29, 2018 Posted May 29, 2018 I need a very liquid place to park cash in my RRSP/TFSA. Was thinking a High Interest Savings Account Fund. I was trying to research which one the best one is. Anybody buy one lately? I'm thinking of stuff like this: https://www.milliondollarjourney.com/where-to-put-your-rrsptfsa-cash-high-interest-investment-accounts-mutual-funds.htm
NormR Posted May 29, 2018 Posted May 29, 2018 Yes. A HISA can be an easy way to park cash at a Canadian bank broker and actually earn some interest. At last check the big ones all payout similar - and not great rates. ~1.1% at the moment, IIRC. Keep an eye out for anti-competitive broker fees that dissuade clients from using HISA of other banks.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now