Localfund.com - All about Fund and Investment
*Home>>>Mutual Fund

Use credit card buy mutual fund in canada?


Use credit card buy mutual fund in canada?

Nope (or at least none that I am aware of).

Besides, why would you want to? If you are late with your payment, the credit card company can charge interest as high as 28% per annum. You would be hard pressed to find a mutual fund with a rate of return greater than 28% net of MERs.

same rules as in the US. Cash only from a savings type account meaning no credit cards.

that would be a really bad idea, the mutual fund would not make enough to cover the interest you would be accruing on the credit card

Tags
  Online Investment   Online Business   Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money
Related information
  • What is the right mutual fund?

    Right? In what sense? There are mutual funds for about any and every category. Right is dependent upon your tolerance for risk. You can buy into a conservative mutual fund or an agressive m...

  • Please suggest the best mutual fund among SBI Magnum Global,Reliance Regular Saving & ICICI Servce Industrs?

    Go to MoneyControl and do the research. It will give you the ranking any which way you want. I have done it by extracting the performance data, giving weighting to each of the performance cat...

  • What is stock and mutual fund? how they differ from each other?

    A stock is a share of one single company. For example, a Google stock would be one share of google. A mutual fund is many stocks bundled together. A mutual fund could contain google stock, apple st...

  • In the case of mutual fund entry load is the commision for brokers like karvy?

    Why even pay those fees? Mutual funds are appropriate for some and the wrong investment for a growing number of people. For me, I would NOT invest in mutual funds if it weren't for havin...

  • What's the best mutual fund?

    As a long-time financial executive in the investment field, it is my opinion is that any answer you receive that cites a specific fund is wrong! A proper answer must consider your personal situati...

  • I want to start mutual fund and online trading business . how can i do it in himachal pardesh?

    there r lots of brokerge houses at present in india. icici is currently the best brokerage service provider. u should check these sites www.icicidirect.com www.sharekhan.com motilaloswal prabh...

  • Can anyone say about mutual fund?

    If you're looking to evaluate mutual funds, use morningstar. If you're looking for what to do going forward, read on. Mutual funds are appropriate for some and the wrong investment for...

  • What is no load mutual fund?

    a no load mutual fund does not have a sales fee built into their share price-yet their mgmt fees are higher than loaded funds, so in the end, their is not much difference- you should look for a fun...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster