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New user here. I searched the forums for Mortgage-Backed Securities ("MBS") and was surprised to find nothing.
I have no experience with them but they seem appealing. According to the TD website:
Key Benefits
* Safest Canadian investments available in Canada, regardless of the size of the investment.
* Fully guaranteed principal and interest when held to maturity.
* Provides guaranteed regular payments of income.
* Very competitive yields.
* High degree of liquidity.
* Low minimum investment required.
* RSP/RRIF eligible.
Any thoughts on the pros/cons of MBS's? The minimum investment is $5000 which is perfect for my new TDW TFSA acct.
TIA
I have no experience with them but they seem appealing. According to the TD website:
Key Benefits
* Safest Canadian investments available in Canada, regardless of the size of the investment.
* Fully guaranteed principal and interest when held to maturity.
* Provides guaranteed regular payments of income.
* Very competitive yields.
* High degree of liquidity.
* Low minimum investment required.
* RSP/RRIF eligible.
Any thoughts on the pros/cons of MBS's? The minimum investment is $5000 which is perfect for my new TDW TFSA acct.
TIA