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Do you think an investment loan is a good idea?


$24,000 investment loan over 20 or 30 yrs, paying interest + principle monthly for 8 - 10 yrs. Cash out the moderately high risk investment at that time and pay off the loan. Money made goes into an RRSP.

Do you think this is a good plan for someone in their late 20's? Can claim the loan interest on taxes each year.

yes it is good

ya.. Of course it is a good idea

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