The 5 Step Guide to Borrowing From Your RRSP

Author:

Joe Barbieri

Released:

21 Aug, 12

Price:

10.00 €

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The 5 Step Guide to Borrowing From Your RRSP.pdf

Do you have an RRSP that is having lackluster returns? Are you tired of high mutual fund fees and stock market volatility? Do you have a mortgage that you would like to pay off? Did you know that your RRSP can carry your mortgage and you can send your mortgage payments to your RRSP, which means you can keep the interest? If you don’t have a mortgage, did you know that you can lend people money from your RRSP, earning the same interest rate that a bank would earn on its money?

Summary

Designed for Canadians, this product shows you how your RRSP account can carry your mortgage, meaning that you can keep the interest paid on your mortgage. This strategy can also be used to lend money to a third party.  

Recommended for

Entrepreneur / Private Investor / Other

Product Classification in FRX

Region

North America - Canada 

Product Group

Methods, Tools and Models 

Product Category

Other 

Details

RRSP Mortgage Canada 

Detailed description

Do you have an RRSP that is having lackluster returns? Are you tired of high mutual fund fees and stock market volatility? Do you have a mortgage that you would like to pay off? Did you know that your RRSP can carry your mortgage and you can send your mortgage payments to your RRSP, which means you can keep the interest? If you don’t have a mortgage, did you know that you can lend people money from your RRSP, earning the same interest rate that a bank would earn on its money?  

Author's disclosure

I have no positions in any stocks mentioned in the work, and no plans to initiate any positions within next 72 hours. I receive no compensation to write about any specific stock, sector or theme.

Keywords

ARMS LENGTH MORTGAGE  CANADA  INTEREST  LENDER  PRINCIPAL RESIDENCE  RRSP MORTGAGE  SECURED PROPERTY

FRX Identity

Product ID:

W-00000163

Type:

For Sale

Status:

For Sale

Upload date:

21 Aug, 12 

Last updated:

21 Aug, 12 

Status change date:

21 Aug, 12