Hi Gail.  Love your show- my question is about GIC's.
We have a building block GIC where we put in $300.00 every 2 weeks. when it matures we stick it in a cashable GIC, then when tax time rolls around I put it in a RRSP (yet another GIC). I won’t put it in a RRSP right away in case something would happen and we need extra money. As of now, we almost have 110,000 in RRSP GIC's at 5% interest.
I always thought that 5% interest was a nice safe bet but now I keep reading that it should be 8%.
Am I a fool to be doing what I am doing? I am 40, my husband is 43. Our mortgage is fully paid off and I just bought my first new car ever so we are paying that off 300.00 per month for 5 years. My old SUV was a gas guzzler. I like to play everything really safe.
Hope to hear from you soon.

You are not a fool. It sounds to me like you have a good strategy. And if you like to play things safe, then the GIC is the thing. I think GICs are running at just under 5% right now, so if you can get 5%, you’re doing fine. Smile, and stop doubting the strategy that’s working for YOU!