Posts Tagged "ING"

You are going to Interview the CEO of ING Direct Canada

Posted by Preet on Sep 14, 2009 | 22 comments

WhereDoesAllMyMoneyGo.com Yes, you read that correctly. YOU are going to interview the President and CEO of ING Direct Canada, Peter Aceto. Well, let me explain further… I will actually be the one asking the questions, but the questions I will ask are going to come from the readers of this blog. I would ask for you to please leave your questions as a comment on the bottom of this post. If you are reading via email or Facebook, then please click here to go the blog’s website where you will find the comment form. Not all questions will be selected for the interview (like: “Peter, what’s your shoe size?”), but I encourage you to think of...

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Your savings account choices could save you $100,000 over your working life!

Posted by Preet on Jul 25, 2007 | 0 comments

Let’s take a look at how a relatively simple decision can make such a huge impact.  Many traditional banks charge monthly account fees. My personal account with my previous bank charged $11/month and it paid 2% in interest. Some “virtual banks” like ING and President’s Choice Financial have savings accounts that have no monthly fees. They typically pay a higher interest rate as well, for this example let’s call it 4%. Let’s examine what the real cost is: $11/month x 12 months = $132/year But let’s take is a step further. Many banks offer a lower-fee or fee-free account to students or kids until they turn 18 – so...

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