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Borrowing to Invest In and Outside of your RRSP
Many people borrow money to buy cars, boats and household appliances, items that depreciate in value, but have you considered borrowing money to invest in something that may grow in value, such as your investment plan? Whether you are borrowing money to invest within your RRSP, or for your non tax-sheltered investments in the form of a leveraged loan, borrowing to invest can be an effective wealth accumulation strategy.
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