Myth #8 from 10 Top Myths of Canadian Home Ownership – Revealed!

Myth #8: Borrowing then investing holds no potential growth returns

You can earn a tremendous profit – regardless of the relative interest rates – by positioning your money in tax-preferred investments that earn a return greater than the real “net after tax cost” of obtaining that money.

You could use your home equity to turbo charge your wealth growth rate!

For example, if you are borrowing at 7% and if you are in the 40% marginal tax bracket, you are effectively paying 4.20% on the loan’s interest.

Not bad, eh?

So, in this example, you will be ahead of the game because I am sure you can find investments that will produce better than 4.20%.

Right?

For example, “rental property” comes to mind.

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

http://Book.HowToGetRidOfYourMortgage.com

“I purchased Mark’s book “The UnCanadian Way To Get Rid Of Your Mortgage And Create Wealth” spontaneously after visiting his site. (

http://book.howtogetridofyourmortgage.com/ )

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.

It provides evidence debunking the way most Canadians deal with their finances and more importantly shows the path forward.

Mark himself is approachable, experienced and genuinely willing to help Canadians be more strategic and successful in how they manage their mortgages, wealth and debt.

I consider this ebook an investment and one of the best impulse purchases I have made!”
JW, Barrie, ON

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!

Myth #1 Big down payment & extra principal payments

Myth #2 Your Canadian home equity has a rate of return

Myth #3 The equity in your home enhances your net worth

Myth #4 Financial security is having your house paid off

Myth #5 Once house paid off, max. RRSPs (or borrow for)

Myth #6 All debt is bad

Myth #7 Canadian mortgage interest-an expense to be eliminated ASAP

Myth #8 Borrowing then investing holds no potential growth returns

Myth #9 I can do much better in real estate than the stock market

Myth #10 Only lucky people with money taking high risks get wealthy