There are hundreds of different options and ways to put an investment savings plan together for your business including high interest savings accounts, Guaranteed Investment Certificates (GIC), redeemable and non-redeemable terms. The important part of saving is to ensure you are choosing the right investment to put your business earnings into while receiving the best possible return.
Some important questions to ask when determining the best savings investment for your business includes the length of time before you require the funds and whether it is long term or short term, how much you need to save, what can your business afford to put away, and what are you saving for.
By answering these questions, BVCU will help to develop a savings strategy and provide investment options to help reach your business' financial goal. Another important part of investing with BVCU is also the peace of mind you get knowing that your investments are safe and 100% guaranteed by the Credit Union Deposit Guarantee Corporation (CUDGC), including the interest earned.
BVCU also partners with Credential Securities* to offer various other investment options that can further diversify your business portfolio and make your money work harder for you. Mutual Funds, Ethical Funds, Bonds, Annuities, and Online Brokerage Services are just a few of the other investment savings options available to you and your business to help reach your investment goals. Our Credential Securities Investment Advisor will take the time to understand your goals and objectives to develop a portfolio specially tailored for you.
* Mutual funds and other securities are offered through Credential Securities a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc.