Fixed Deposit Schemes


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medhora   
Member since: Sep 04
Posts: 64
Location: Brampton

Post ID: #PID Posted on: 17-04-06 11:31:48

Hello,

Are there any fixed deposit schemes in Canada which would give 8% returns like how we do in reputed companies in India? Even a post office FD in India yields a 8% payable monthly. Thanks



my2cents   
Member since: May 04
Posts: 260
Location: Miss, Canada

Post ID: #PID Posted on: 17-04-06 11:55:44


You can get 12% with a private company but the min inv is $10,000 and it will be locked for 4 yrs. If you want the details of the co PM me. I am not affiliated with the company in any way just came across it in my reading but I do not want it to look like I am recommending this company.


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pramesh   
Member since: Jul 05
Posts: 309
Location:

Post ID: #PID Posted on: 23-04-06 11:41:25

Can i have the details too?



ujju   
Member since: Jun 05
Posts: 2
Location: Toronto

Post ID: #PID Posted on: 18-05-06 12:15:56


hi,can i have the details too.









my2cents
Senior Desi




Posts: 217
Location: Miss, Canada




You can get 12% with a private company but the min inv is $10,000 and it will be locked for 4 yrs. If you want the details of the co PM me. I am not affiliated with the company in any way just came across it in my reading but I do not want it to look like I am recommending this company.

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I have only 2 cents to contribute, not a cent more, not a cent less ;-)




rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 18-05-06 13:46:10

Quote:
Originally posted by my2cents


You can get 12% with a private company but the min inv is $10,000 and it will be locked for 4 yrs. If you want the details of the co PM me. I am not affiliated with the company in any way just came across it in my reading but I do not want it to look like I am recommending this company.



How are the funds protected?


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my2cents   
Member since: May 04
Posts: 260
Location: Miss, Canada

Post ID: #PID Posted on: 18-05-06 13:55:48


OK guys here is the link. They have lowered rates since I first saw this ad 6 months ago.

http://www.nelsonfinance.ca/

I am not endorsing this scheme, nor am I affiliated with it. Please read the fine print, do your due diligence prior to investing. It was advertised in the Toronto Star some time ago. I don't know if it still is.


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I have only 2 cents to contribute, not a cent more, not a cent less ;-)


pramesh   
Member since: Jul 05
Posts: 309
Location:

Post ID: #PID Posted on: 29-05-06 12:41:13

Has anyone had any experience dealing with Nelson Finance Group.

The interest rates offered on fixed deposits sounds too good and hence want to find out any experiences of anyone out here, dealing with them?





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