The Globe and Mail Article: Does this tax-deductible mortgage strategy still make sense?
Does the Smith Manoeuvre still make sense in our current economic climate?
That’s the question The Globe and Mail came to me with in my latest media interview.
With the current financial climate being the way it is – higher interest rates and tighter borrowing rules, many wonder if this strategy is still effective.
As Canada’s Smith Manoeuvre expert, you probably won’t be surprised by my answer.
In the article I give you my calculations for the gains you could make when you borrow to invest using this strategy.
You’ll learn:
- Why I’m still a proponent of the Smith Manoeuvre strategy.
- How to defer gains with a tax-efficient investing strategy.
- The “hot takes” from other financial planners, so you can compare their advice and mine.
- The 80-year history of the S&P 500 stock market index, and the average returns.
CLICK THE LINK BELOW TO READ THE ARTICLE BY ROBERT MCLISTER:
Does this tax-deductible mortgage strategy still make sense?
Ed
Planning With Ed
Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax accountant, expert in many tax & investment strategies, and a popular and passionate blogger.
Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.
The “Planning with Ed” experience is about your life, not just money. Your Financial Plan is the GPS for your life.
Get your plan! Become financially secure and free to live the life you want.
Hi Ben,
Thanks for pointing that out. It is not behind a pay wall for me, but I’ve been a subscriber for decades.
Readers can still go to the Globe and find the article.
Ed
Hi Dan,
Thanks for pointing that out, Dan. It is not behind a pay wall for me.
Readers can still go to the Globe and find the article.
Ed
Hey Ed, not sure if you realized, but this article is behind the Globe paywall.
Too bad I was interested but can’t read the article unless I am a subscriber to the Globe and Mail, which I will never be…