Comments on: This and That http://www.canadiancapitalist.com/this-and-that-22/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-22/#comment-10830 Canadian Capitalist Sat, 28 Oct 2006 02:50:44 +0000 http://www.canadiancapitalist.com/2006/10/23/this-and-that-22#comment-10830 If you pay your RRSP a high mortgage interest, how will it help your cash flow? Also the extra interest you are paying your RRSP (8.55% - best interest you can get elsewhere), comes off your after-tax income and as a reader pointed out in the mortgage in RRSP post, you will be taxed twice on the difference. Isn't it better to get a variable rate, below prime mortgage with the standard 25-year amortization and pay off LOC as funds permit? If you pay your RRSP a high mortgage interest, how will it help your cash flow? Also the extra interest you are paying your RRSP (8.55% – best interest you can get elsewhere), comes off your after-tax income and as a reader pointed out in the mortgage in RRSP post, you will be taxed twice on the difference. Isn’t it better to get a variable rate, below prime mortgage with the standard 25-year amortization and pay off LOC as funds permit?

]]> By: Alex Givant http://www.canadiancapitalist.com/this-and-that-22/#comment-10815 Alex Givant Fri, 27 Oct 2006 21:43:50 +0000 http://www.canadiancapitalist.com/2006/10/23/this-and-that-22#comment-10815 Yes, to improve cash flow and release some additional money for other goal, such as paying down line of credit. Yes, to improve cash flow and release some additional money for other goal, such as paying down line of credit.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-22/#comment-10676 Canadian Capitalist Wed, 25 Oct 2006 02:36:35 +0000 http://www.canadiancapitalist.com/2006/10/23/this-and-that-22#comment-10676 Alex: I am not sure I understand. Would this be investing funds from the RRSP in your own mortgage? Alex: I am not sure I understand. Would this be investing funds from the RRSP in your own mortgage?

]]> By: Alex Givant http://www.canadiancapitalist.com/this-and-that-22/#comment-10659 Alex Givant Tue, 24 Oct 2006 15:27:13 +0000 http://www.canadiancapitalist.com/2006/10/23/this-and-that-22#comment-10659 If we combine mortgage from self-directed RRSP, high rate for 1 year open mortgage (8.55% from CIBC, http://www.cibc.com/ca/rates/) and 40 years amortization we can get very good impact on money cashflow. Specifically if we look for some economists' prediction for US and Canada slowing down in 2007. Any thoughts? If we combine mortgage from self-directed RRSP, high rate for 1 year open mortgage (8.55% from CIBC, http://www.cibc.com/ca/rates/) and 40 years amortization we can get very good impact on money cashflow. Specifically if we look for some economists’ prediction for US and Canada slowing down in 2007.

Any thoughts?

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