tag:blogger.com,1999:blog-3845965357472640025.post8330713810872689027..comments2022-10-27T05:26:19.787-07:00Comments on Dividend Lover: How I got a 12.1% GIC from RBCDividend Loverhttp://www.blogger.com/profile/14189723387560671030noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3845965357472640025.post-17834740486921699672011-07-27T19:06:27.437-07:002011-07-27T19:06:27.437-07:00I would but this RBC VIP account was the only acco...I would but this RBC VIP account was the only account type I found that doesn't charge you when your tenants checks bounce after you deposit them.Dividend Loverhttps://www.blogger.com/profile/14189723387560671030noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-21646418822151399372011-05-13T18:56:05.138-07:002011-05-13T18:56:05.138-07:00Can't you simply change to a financial institu...Can't you simply change to a financial institution that has lower (or no) fees and save the full $30 per month?Greghttps://www.blogger.com/profile/05315830135703369944noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-4797081594623495792010-11-15T13:59:03.883-08:002010-11-15T13:59:03.883-08:00Well, you might even get a higher rate than 12.1% ...Well, you might even get a higher rate than 12.1% since you only pay taxes on the $25, the $96 being a reduced expense. So depending on your marginal rate, let's say 35%, to get $96 net of taxes, you'd have to earn $147. So the return on that "GIC" is 17.2% !!! It's just to bad it's limited to $1000.self-taught investorhttps://www.blogger.com/profile/04460677377477464558noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-13394544677603494832010-10-16T18:50:00.984-07:002010-10-16T18:50:00.984-07:00LOL, the evils of GIC's. That's amazing t...LOL, the evils of GIC's. That's amazing that you were able to get such a good deal.<br /><br />I guess it was akin to having to kiss a frog to get to the prince?youngandthriftyhttps://www.blogger.com/profile/04088091906219844884noreply@blogger.com