Q: Im looking for a place to park some cash for my sons university costs and make a little bit of interest while it sits. Is CASH.TO a safe bet or do you have other recommendations.
5i Research Answer:
We would be very comfortable with CASH, PSA, money market funds and GICs. Thhigh-interest ETFs are not tecnically guaranteed, but we would consider them to be extremely safe overall.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in PSA.