GICs and crypto in epic tug-of-war for young investors: Dale Jackson

The battle for the souls of the next generation of Canadian investors is taking place between GICs and cryptocurrencies, Dale Jackson writes for BNNBloomberg.ca.

On the other side, a new survey by HelloSafe finds 30 per cent of the same age group prefer putting their money in cryptocurrencies, compared with less than 10 per cent from all age groups.

On the risk spectrum, the contrast between the two securities cannot be starker, and the outcome will impact how a generation of Canadians will live in retirement. 

GENERATION GIC: QUEST FOR SECURITY