Special Report on
Investing and Savings Programs
Investing and Savings Programs - Trends
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It's that time of year when many parents and grandparents take a look at their college savings portfolios with an eye toward adjusting the way they have assets allocated. Reviewing national trends in savings and investment strategies by others might help you make some savvy decisions. Total assets in 529 college savings plans in second quarter 2009 jumped 14.7 percent to $98.6 billion, according to data by the Washington, D.C.-based College Savings Foundation and Boston-based Financial Research Corp. That's an increase from $85.9 billion in first quarter 2009, but still an 11 percent dip in asset levels from 2008. ...
When you want to build up a good, safe investment for yourself, or you want to save money for a retirement without losing sleep, you should look at the Canada Savings Bond. The Canada Savings Bond is an investment instrument created by the government of Canada and it sells between October and April of every year. Issued through the Bank of Canada, it offers a competitive rate of interest and there is a guaranteed minimum interest rate on it. Created in 1946 as Victory War Bonds, it was a safe way to invest and to save for Canadians who did not want to use mutual funds. The Victory War ... Read More
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