Mortgage Wisdom Archives

Covid-19: Making Wise Investment Decisions during the “Great Pause”

by Ed Rempel | Mar 15, 2020 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom, Mortgage Wisdom, Navigating Market Crashes, Retirement Planning Wisdom | 5 comments

Remember February 2009? Stock markets had fallen more than 40% over 6 months. What did investors do? They sold more stocks that month than any other in history – at the market low! It was followed by the longest bull market in history – 11 years and 2 days from...

Is the home ownership dream dead for millennials? (Globe & Mail article by Paul Brent)

by Ed Rempel | Oct 18, 2019 | Financial Planning Wisdom, Managing Debt, Mortgage Wisdom | 0 comments

Some of my ideas for Millennials to buy their first home in this Globe & Mail article by Paul Brent: Is the home ownership dream dead for millennials? Figure out if you are ready. Use creative ideas to get your down payment. Make your home part of your long-term...

How to Successfully Implement the Smith Manoeuvre (Podcast with Ed Rempel)

by Ed Rempel | Sep 13, 2019 | Borrowing to Invest Wisdom, Financial Planning Wisdom, Mortgage Wisdom, Podcasts, Retirement Planning Wisdom, Smith Manoeuvre Wisdom, Tax Strategies | 2 comments

You know the basics about the Smith Manoeuvre. It’s a big decision. Here is a discussion of the big issues. Listen to my new podcast with Sean Cooper from BurnYourMortgage.ca . Here is the link: How to Successfully Implement the Smith Manoeuvre with Ed Rempel We...

Ed Rempel: Dedicated to Dispelling Conventional Financial Wisdom

by Ed Rempel | Nov 22, 2017 | Finance Wisdom, Financial Planning Wisdom, Insurance Wisdom, Investment Wisdom, Mortgage Wisdom, Retirement Planning Wisdom | 0 comments

Well-written article on Biz TV. Unconventional wisdom. So many Canadians limit their financial future because of beliefs they have that are simply not true or are not optimal. Myths about the stock market lead Canadians to invest too conservatively to achieve their...

Is Your Money Safe OR Secure?

by Ed Rempel | Apr 18, 2016 | Finance Wisdom, Financial Planning Wisdom, Investment Wisdom, Mortgage Wisdom, Personal, Retirement Planning Wisdom | 12 comments

I know what you’re thinking. Isn’t the expression “safe AND secure”? Possibly the single most important thing to know about money is this: Safe and secure are often opposites. With money, it’s usually safe OR secure. It was the disaster in their life that made this...

Smith Manoeuvre – Is your mortgage tax deductible? (Video)

by Ed Rempel | Sep 26, 2012 | Borrowing to Invest Wisdom, Mortgage Wisdom, Smith Manoeuvre Wisdom, Tax Strategies, Videos | 0 comments

What is the Smith Manoeuvre and how do you do it the right way? The Smith Manoeuvre is a strategy where you borrow against your home to invest for your retirement. It converts your mortgage over time into a tax deductible credit line. To do it the right way, there are...