I was a total newb investor two years ago when I bought my house. I made sure to have the 10% down because it lowered CMHC fees drastically. However, my rrsps which made up most of my down payment were sitting in my banks useless rate riser 1.1% or whatever account and my tfsa was basically in the same boat (1.7 or whatever bank rate at the time was).
Knowing what I do now, I probably would have invested the difference. However , with accelerated payments I will be above the 20% mark by the end of my 4th year and most likely leverage some equity for investments at that point.
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Long time listener, first time caller.
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