Answer by JTP - Apologise to Monica for Segregated Fund - should I get it?
In the US, mortgage rates are so low that there are those who ask, "Would you recommend that people take out a new loan to invest?" I typically respond "it depends" and actually lean towards a "no"....
View ArticleSegregated Fund - should I get it?
My advisor is trying to sell me Segregated Fund / investment loan, in summary, it is something like this:Canada Life (through National Bank) will lend me 100K to investThe annual interest is 2.7% -...
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