Comments on: Why Buy Canada Savings Bonds?

By: NotWeasel

NotWeasel — Thu, 22 Oct 2009 17:35:20 +0000

To Pete… it’s worth clarifying that a TFSA isn’t an investment. It’s an account. To use one to any effect, you need to hold investments in it, of which I suppose CSB’s are a valid if not stupid option.

The clear answer right now with respect to CSB’s is that, other than teaching a thing or two to a kid, they really have no value at all as an investment vehicle and nobody trying to “invest” should buy them. You can get a better rate of return from a savings account.

By: Zack

Zack — Sun, 13 Sep 2009 07:27:15 +0000

It is important to inform people about the CSBs. For people who are starting to invest, it can be a good start.

By: Pete S

Pete S — Thu, 07 May 2009 15:46:22 +0000

Why not investing in TFSA which is tax free?

By: Eliza

Eliza — Thu, 29 Jan 2009 14:32:24 +0000

I think this is a great way to begin to set children on track for savings. It is risk free and they begin to honor the value of their money. While at the same time, they may persue guidance to other investing options. I was one of those people with no guidance to investment and only now very late in life am I beginning. We must all begin somewhere!

By: DaveFromBC

DaveFromBC — Tue, 10 Jun 2008 14:30:55 +0000

Hi, thanks for the info. I’m not sure who in their right mind would invest in Canada Savings Bonds, but I suppose there are those who are COMPLETELY intolerant of risk.