Quote:
Originally Posted by DoubleK
I didn't mean to lock it, I meant to raise the payment amount so I'm paying more of the principle down because the rates are low.
How does one figure that out vs increasing RRSP contributions.
Currently, I increase RRSP contributions at the same rate as my salary increases.
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Take the extra money and invest in a stable blue chip that pays a decent dividend. A Bell for example ... or something else.