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Thread: 3.15% Interest - Simplii Financial - to Feb. 28, 2019

  1. #16
    Canadian Genius PurpleBunny89's Avatar
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    Jan 2012
    Lake Simcoe area, Ontario
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    Quote Originally Posted by Rescuer View Post
    You don't say what interest you are earning currently. But lets say it is 2%. Your strategy seems like an awful lot of work to make about $18 in interest?
    Simplii TFSA are currently at 1.25% not including the promotion
    Ciel likes this.
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  2. #17
    Dancing bean paste bun Ciel's Avatar
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    Jul 2009
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    Think it'd be wise to let soon-to-be 18 yr olds know of the interest offer if only to help them invest any Christmas cash to earn a little interest in advance of any school-related costs (books, trip costs, school supplies or good old tuition fees) say for a spring semester.

    And yes, bank stocks might be worth the investment for the longer term as part of a portfolio. Lots of good ideas shared here.
    2019 #Gold

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