Personal Finance Buzz

Because DRIPs reinvest your dividends automatically, it is like getting free shares of the investment. When you have these types of stocks in your retirement account, it means you get more shares for your account.

Canada Revenue Agency condones flow-through shares both as a tax savings investment. Flow-through share are a great way for individuals to save tax.

Take a look at your savings accounts. What kind of interest yield are you receiving? Chances are that you could do better — especially if your money is sitting in a traditional savings account at your brick and mortar bank.

ING Direct, one of the leaders in online savings account has just released Orange4Kids, a savings account designed specifically for kids and parents. This account allows children to learn just how a savings account works.

The advent of the Internet has changed the way we do many a thing; banking is just one of them. From the passbook savings account that were and still are limited by geographical location, we’ve graduated to online savings accounts that offer various benefits that are missing from the passbook savings account.

No one’s happy with savings account interest rates these days. Even so-called high-yield savings accounts are closer to zero than they have been in a long time. For me, they heyday of savings accounts was when they were earning 5%