The Smith Manoeuvre should be considered for implementation by every Canadian family that has a conventional mortgage on their home. Why? Because with a simple, one-time restructuring of your finances it can be worth hundreds of thousands of dollars to you.
This exciting financial strategy simultaneously converts mortgage interest to tax refunds, shortens the amortization period of the mortgage and builds a free-and-clear portfolio of investments of your own choosing to fund the future for your family.
This unique strategy is not reserved for the wealthy. If you have a mortgage, you can make it tax-deductible. No new money is required from you, your debt will not increase, the benefits are free, and The Smith Manoeuvre is legal – in fact, it is encouraged.
Miss no opportunity – read this book and enlist the guidance of accredited Smith Manoeuvre Certified Professionals near you. It can mean the difference between working in your retirement or making your retirement work for you.
Spis treści
CONTENTS
DISCLAIMER II
DEDICATIONS III
PRAISE FOR THE SMITH MANOEUVRE V
ACKNOWLEDGEMENTS IX
FOREWORD XIII
INTRODUCTION XV
CHAPTER 1 – WHAT THE WEALTHY KNOW ABOUT YOUR MORTGAGE THAT YOU MAY NOT 1
CHAPTER 2 – IT’S TOUGH OUT THERE. ARE WE ON THE RIGHT TRACK? 19
CHAPTER 3 – THE SMITH MANOEUVRE EXPLAINED 39
CHAPTER 4 – LET’S LOOK AT A COUPLE OF RESULTS 53
CHAPTER 5 – ACCELERATORS 63
CHAPTER 6 – LET’S TALK ABOUT DEBT AND WEALTH ACCUMULATION 91
CHAPTER 7 – COMMON MYTHS, MISTAKES AND OTHER THINGS TO KNOW 103
CHAPTER 8 – WHAT’S IN IT FOR THE BANK? OR FOR CANADA? 125
CHAPTER 9 – SUMMARY – AND WHAT TO DO NEXT 133
P.S. ARE YOU A FINANCIAL PROFESSIONAL? 139
ONE LAST WORD 140
APPENDIX 143
GLOSSARY 144
ABOUT THE AUTHOR 149
ABOUT THE ILLUSTRATOR 150
ROBINSON’S UPCOMING BOOK 151