Myth #3: The equity in your home enhances your net worth
The equity in your home does not enhance your net worth at all.
All that home equity represents is the amount of principal you have paid off of your mortgage.
However, separated from your home, it has the ability to dramatically enhance your net worth over time.
Increase your net worth by separating your house from your home equity and put those idle dollars to work.
Why do I say idle dollars?
Maybe you skipped over #2 Myth above. If you did – re read. Your equity is ‘trapped” in your home.
Whether you have a home, free and clear or mortgaged to the hilt-the value of your home is going to appreciate (or depreciate) based on your
local real estate market – irrespective of the amount of “equity” you have built up in your home.
Canadians! When it comes to your mortgage…
Are you tired of being on the mortgage ‘hamster wheel’?
Are you sick of being ‘house rich & cash poor’?
Are you frustrated with your banks ‘mortgage solution’?
Are you open to new ideas?
Then join the quiet Canadian revolution today!
‘The UnCanadian Way To Get Rid Of Your Mortgage & Create Wealth’
It’s waiting for you at
“I purchased Mark’s book “The UnCanadian Way To Get Rid Of Your Mortgage And Create Wealth” spontaneously after visiting his site. (
Packed with solid, actionable advice, this book eliminates the fluff so prevalent in normal finance books and clearly explains the steps the wealthy use to build up their portfolios.
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Curious but still on the fence?
Get our FREE report: ‘Top 10 Myths of Canadian Home Ownership – Exposed!
http://bit.ly/Top10CanadianMortgageMyths (direct download to your digital device – 36pg pdf)
“For years, I was the guy that thought paying off your mortgage & maxing out my RRSPs were the top priorities.
Now that I really look at it, I couldn’t have been more wrong…” Kelly, Edmonton, Alberta
Video Index of 10 Top Myths of Canadian Home Ownership – Revealed!