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Purpose High Interest Savings (PSA-T)
TSE:PSA
50.12
Financials
Technical Analysis
Buy, Sell or Hold?
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Experts agree that Purpose High Interest Savings is a low-risk, high-yield investment option, especially in a market downturn. The company offers competitive rates and the potential for capital appreciation, making it an attractive choice for investors seeking steady yield. It is also considered a good alternative to money market funds due to the higher quality of underlying securities.
$50.010
Unknown
If he was concerned about a downturn, he'd just look at a daily high interest ETF like HISA or PSA. Those ones give you 5-5.5% right now, and next day liquidity.
Great option for investors looking for steady yield. Very defensive stock. Ability to generate yield that has been absent for years, given low interest rates. Would recommend to keep holding.
Good place to park your money, and fees are low.
Not much different from a money market fund, except the quality of the underlying securities might be a bit higher in a MM fund.
Strategy was to hold cash as interest rates were rising.
Zero risk asset.
High-yield savings account. Monthly distribution. With equity weakness in September coming up (the last 2 weeks being the weakest), being invested in this, you’ll do well to sit out the volatility. It’s only one month. Yield is 1.9%.
(A Top Pick January 13/17 Up 2%) Not meant to have a huge return as it is meant to mirror cash by holding high interest savings as a convenience. He likes holding cash better than bonds.
(A Top Pick Aug 18/17. 0%.) You are basically collecting a 1% return over the course of the year. It is basically a place to park cash.
(Top Pick Jun 28/17, Up 0.13%) It is basically a high interest savings account. A great place to park cash. A 1% rate of return savings product.
Purpose High Interest Savings(PSA-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Purpose High Interest Savings(PSA-T) Frequently Asked Questions
What is Purpose High Interest Savings stock symbol?
Purpose High Interest Savings is a Canadian stock, trading under the symbol PSA-T on the Toronto Stock Exchange (PSA-CT). It is usually referred to as TSX:PSA or PSA-T
Is Purpose High Interest Savings a buy or a sell?
In the last year, 4 stock analysts published opinions about PSA-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Purpose High Interest Savings.
Is Purpose High Interest Savings a good investment or a top pick?
Purpose High Interest Savings was recommended as a Top Pick by on . Read the latest stock experts ratings for Purpose High Interest Savings.
Why is Purpose High Interest Savings stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Purpose High Interest Savings worth watching?
4 stock analysts on Stockchase covered Purpose High Interest Savings In the last year. It is a trending stock that is worth watching.
What is Purpose High Interest Savings stock price?
On 2024-11-21, Purpose High Interest Savings (PSA-T) stock closed at a price of $50.12.
Likes the idea of PSA. TLT, he believes, is a leveraged play on the bond market and wouldn't do that. BNS high interest savings, for example, pays 4.75% for optionality and no risk.
For an ETF filled with 1-year bonds that's very low risk, look at ZST.L. Pays a high dividend, though it's interest. Very competitive rate. If interest rates come down, you might even get a bit of capital appreciation.