In the fickle hands of Lady Luck
Article Abstract:
Canadians are increasingly investing in lottery tickets and other forms of gambling even though they would have a far greater chance of making money by investing in their registered retirement savings plan. Spending on lottery tickets reached $3 billion in 1995, compared to about $1 billion in 1985.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1996
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Smart options for risk-averse investors
Article Abstract:
Investors in guaranteed investment securities (GICs) increasingly sought other options as lending rates declined in 1996 and reduced their income from these interest-bearing investments. Several alternatives are discussed including bonds, strip coupons and mortgage-backed securities.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1997
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Virtual competitors: as technology races ahead, the banks face new rivals
Article Abstract:
Banking and financial services offered via the Internet and the telephone are an expanding market segment. Large, established banks are losing some business to these virtual banks, especially in niche markets such as interest-bearing savings accounts.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1997
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