Borrowing to invest can be an effective wealth accumulation strategy. RRSP, TFSA and investment loans, if used appropriately, can help your clients build their wealth faster and more effectively.
The Empire Life Insurance Company is not affiliated with B2B Bank. B2B Bank is solely responsible for any loan approval and borrowed monies are due and payable regardless of the performance of the investments purchased. Any prospective borrower should satisfy themselves of the risks associated with borrowing money to fund an RSP contribution and whether it is appropriate in their individual circumstances.