Sentences with phrase «rrsp at a higher return»
I would rather borrow from the bank at 2.5 per cent on my mortgage and invest my RRSP at a higher return, thereby making money on the spread between those percentages.
http://business.financialpost.com/ Not exact matches
At first glance, it seems like a no - brainer because investments within a RRSP or TFSA need to earn higher after - tax returns than the low interest rate on mortgages today.
By deferring your deduction one year at a higher marginal tax rate, you end up with an extra $ 345 for the same $ 2,500 RRSP contribution — this is essentially a guaranteed 13.8 % rate of return.