Sentences with phrase «part about borrowing money»
Maybe anyone suggesting the SM to some one should explain that part last, after the part about borrowing money to invest amplifies your return on BOTH the downside and the upside and that in order to really make * any * money you need to have average annual returns in your investments that exceed the interest you are paying on the loan (which doesn't tend to work out too well if you are investing in mutual funds unless interest rates are very low)
http://www.canadiancapitalist.com/ Not exact matches
The part about debt that is conveniently overlooked by economists is that borrowed money behaves like printed money until it has to be repaid.
Skipping part time work opportunities due to the convenience of having easy access to borrowed money is an unfortunate side effect of thinking about your loan award as free money, rather than borrowed money.
The potentially interesting part about the «no deduction for interest on money borrowed to invest in a TFSA» thing is that there is potential that the brokerages could calculate margin availability based on the value of both the TFSA and non-registered accounts.
The best part about a 401k loan is that money borrowed is not subject to tax penalties.
The most important part about building credit is demonstrating you can pay back the money you borrow to prove to creditors and lenders you consistently and responsibly manage debt.