A lot of banks and investment dealers are offering (and heavily promoting!) so-called Market-linked GIC’s. These are products where you are guaranteed at least your original investment back at the end of a set period (usually 1-5 years), with the possibility if a higher return than you’d usually get from a standard interest bearing GIC.

Why Market Linked GIC’s Aren’t So Great of an Idea

In my opinion, these products are a bad idea for most investors. Here’s why:

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