Thanks Ed. Would the "Singleton Shuffle" strategy still make sense in this high interest rate environment? i.e. sell non-registered investments to maximize the available HELOC. Wouldn't that be a bad decision for some people since their mortgage interest rate (fixed rate) might be far lower than the after tax HELOC interest rate? (e.g. 2% fixed mortgage rate, 6.95% HELOC rate and 40% tax bracket)
Thanks Ed, clear and concise as always.
Why is Manulife one a disaster?
Fee, worse rates, lower limit on how much you can take out
Thanks Ed. Would the "Singleton Shuffle" strategy still make sense in this high interest rate environment? i.e. sell non-registered investments to maximize the available HELOC. Wouldn't that be a bad decision for some people since their mortgage interest rate (fixed rate) might be far lower than the after tax HELOC interest rate? (e.g. 2% fixed mortgage rate, 6.95% HELOC rate and 40% tax bracket)
Hi Ed!
What do you think of HSBC for implementing the SM?
Thank you for the informative video. If we infested in GIC using the SM strategy, will that be tax deductible ?
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