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Federal bank interest rate to rise. What does this mean to the TSX? |
The Bank of Canada rate is going to rise in July 07. What is the correct investment strategy now that everyone know this? GIC's or Stocks? Clearly , it may be in your best interest to spend time at the Library reading up on investing. Invest in weapons..the gold of the future.. we are paying 7.5% p.a. fixed rate for CDN$ investments |
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The truth is you should buy the home because there's only so much real estate on this planet and they aren't making any more of it. That means the price will go up. This will provide you ... forget land you would be better off investing it in securities or even in the bank. ...Your question is not very clear. Please re-write it so we can help you. Use shorter sentences and complete words when writing your question. What's an MF investment? A mutual fund? Ho... There is always a home equity line of credit you only pay interest on the portion you take out. ie 100k line of credit you pull out 50k you would only pay interest on the 50k you can usually draw ... find the best rate you can find and then add 1% (1 point is what is the standard to add when dealing with an investment home) A mortgage broker is supposed to find you the best rate from all the... around 10% down...and the mortgage payment on your rental can't exceed 40% of your gross monthly income. they may use 75% of the rental income if you have had 2yrs of landlord experience. s... There is no tax penalty. You just do not get the tax break for long term capital gains. You will pay taxes on your gain at the your regular tax rate. And don麓t forget to includ all you costs in the... There are probably good banks as there are probably good brokers. The problem is finding one. Your best bet is to interview prospective candidates with a set of very pointed questions. Such a... |
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