Smart investment?

I have dual N.Zealand and Canadian citizenship. Can I take a bank loan for a mortgage in Canada (currently costing say 5%p.a) and invest it in N.Z at 10%. What tax implications would there be in Canada?

well you could but a mortgage loan is on your house and if you make teh wrong picks not only will you lose that loan but you will lose the house as well.

NEVER invest what you are borrowing especially on house loans.

Read some very useful investing tips and more on this site to help you

Pls consider Strategic Land investment in the U.K. which would give you 338% in 4 to 5 years. If interested, email me at sgdeen@yahoo.com.sg

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