Investing is like Golf ?
Golf and Investing have more in common than investing is talked about on the Golf course. Both you need to start early, to benefit from time.
Golf and Investing have more in common than investing is talked about on the Golf course. Both you need to start early, to benefit from time.
The Smith Manoeuvre is a way to make your Canadian Mortgage tax deductible (the interest on the loan). Is this a good idea? I think it is incredibly risky, and asking for trouble with your future. Others swear by it. Are your mortgage interest payments that high?
The power of compound interest relies heavily on you starting to save or build your portfolio early. Time is on your side, if you start early with your RESP