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Bonds - vs. GICs (BOND-T)
TSE:BOND
19.28
0.15
(0.77%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have varying opinions on the comparison between Bonds and GICs. While some are in favor of GICs due to their ease of reinvestment and tax benefits for RRSP, others believe that corporate bonds offer after-tax appeal and can provide higher yields compared to GIC rates. The consensus seems to be that both investments have their advantages depending on market conditions. Ultimately, the decision between Bonds and GICs depends on individual investor preferences and the current state of the bond market.
He has no problem with GICs. Terrific investments. If you ladder them, you'll get your money back every 12 months to reinvest. You can choose to reinvest in another GIC or in a bond.
Bonds are more complicated, but corporate bonds offer an after-tax appeal that a GIC doesn't. Because GICs are issued at par, they're fully taxable. Whereas the discount of a corporate bond is a capital gain item, and will improve your tax return. If it's your RRSP, a full-coupon GIC is fine. See his Top Picks.
There are times when GICs are very attractive compared to bonds, and at some of the maturities right now they are. But if there's a quick selloff in the bond market, GICs don't respond as quickly, and so the bonds give you yields higher than GIC rates.
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Bonds - vs. GICs(BOND-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Bonds - vs. GICs(BOND-T) Frequently Asked Questions
What is Bonds - vs. GICs stock symbol?
Bonds - vs. GICs is a Canadian stock, trading under the symbol BOND-T on the Toronto Stock Exchange (BOND-CT). It is usually referred to as TSX:BOND or BOND-T
Is Bonds - vs. GICs a buy or a sell?
In the last year, there was no coverage of Bonds - vs. GICs published on Stockchase.
Is Bonds - vs. GICs a good investment or a top pick?
Bonds - vs. GICs was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Bonds - vs. GICs.
Why is Bonds - vs. GICs 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 Bonds - vs. GICs worth watching?
In the last year, there was no coverage of Bonds - vs. GICs published on Stockchase.
What is Bonds - vs. GICs stock price?
On 2024-12-13, Bonds - vs. GICs (BOND-T) stock closed at a price of $19.28.
