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Attn: Financial Advisement People
#5
It's a good amount for a student but not a big amount so you won't gain much no matter what bank you use. You may be better off staying with what bank you have in hopes of building a history with them. That will pay back much more when it comes time for a loan or mortagage. I mean even at 2.00% on $2,500 that is just $50 in a whole year. If you build up a good history with a bank 1% less on a $200,000 mortgage is $2000 every year for 25 years. ;)

Since interest is so low you'd be better off using your $2500 to pay off any debt you have or RRSP since RRSP money can be used towards your first house without penalty provided you can pay it back.
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Messages In This Thread
Attn: Financial Advisement People - MAlby7 - 09-29-2005, 02:48 PM
Attn: Financial Advisement People - 2001 ZTS - 09-29-2005, 09:40 PM
Attn: Financial Advisement People - MAlby7 - 09-30-2005, 12:07 AM
Attn: Financial Advisement People - Raine - 09-30-2005, 03:56 AM
Attn: Financial Advisement People - MAlby7 - 09-30-2005, 06:08 AM
Attn: Financial Advisement People - Raine - 09-30-2005, 02:30 PM
Attn: Financial Advisement People - nass - 10-01-2005, 07:43 AM
Attn: Financial Advisement People - nass - 10-03-2005, 09:37 AM
Attn: Financial Advisement People - nass - 10-04-2005, 04:41 AM

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