07-24-2007, 09:58 PM
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#2
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Franchise Player
Join Date: Apr 2003
Location: 30 minutes from the Red Mile
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http://www.jeacle.ie/mortgage/ca/
PM me if you want a custom estimate.
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07-24-2007, 10:03 PM
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#3
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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If you want to make you mortgage tax deductible, you could also PM me for a strategy.
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07-24-2007, 10:18 PM
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#4
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Lifetime Suspension
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I want one that will show how much I could get approved for given my current equity and annual income etc.
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07-24-2007, 10:24 PM
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#5
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Franchise Player
Join Date: Apr 2003
Location: 30 minutes from the Red Mile
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check your pm
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07-24-2007, 10:58 PM
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#6
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Franchise Player
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Quote:
Originally Posted by Slava
If you want to make you mortgage tax deductible, you could also PM me for a strategy.
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Ooo, be careful.
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07-24-2007, 11:20 PM
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#7
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Join Date: May 2004
Location: @robdashjamieson
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http://www.atb.com/Dev/calcs/calcs_loan.asp
on atb.com, it's under 'Select A Service' and 'Calculators'... a few to choose from there...
__________________
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07-25-2007, 08:40 AM
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#8
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by MoneyGuy
Ooo, be careful.
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How so? Its totally legit and totally legal. I'd be interested in your point though...maybe PM me?
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07-25-2007, 09:06 AM
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#9
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Franchise Player
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Quote:
Originally Posted by Slava
How so? Its totally legit and totally legal. I'd be interested in your point though...maybe PM me?
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No, no. Have at it in public. We're all interested in this. Please?
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07-25-2007, 09:15 AM
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#10
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Playboy Mansion Poolboy
Join Date: Apr 2004
Location: Close enough to make a beer run during a TV timeout
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I am also curious if something is so legit and legal; why it cannot be discussed on a public message board and has to go to PM.
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07-25-2007, 09:17 AM
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#11
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Powerplay Quarterback
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I don't suppose this is the Smith Manoeuvre?
Lots of info on it here
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07-25-2007, 09:31 AM
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#12
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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It is the Smith Manoeuvre....I just didn't figure that I should derail a thread about a mortgage calculator to review a strategy here, thats all. Nothing too secretive and certainly not trying to be underhanded.
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07-25-2007, 09:35 AM
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#13
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Franchise Player
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Quote:
Originally Posted by Slava
It is the Smith Manoeuvre....I just didn't figure that I should derail a thread about a mortgage calculator to review a strategy here, thats all. Nothing too secretive and certainly not trying to be underhanded.
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Your ideas are intriguing to me and I wish to subscribe to your newsletter.
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07-25-2007, 09:37 AM
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#14
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by fredr123
Your ideas are intriguing to me and I wish to subscribe to your newsletter.
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I'll put you on the list, and I'll send you some info in the meantime.
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07-25-2007, 09:55 AM
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#15
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#1 Goaltender
Join Date: Sep 2003
Location: Calgary
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There is nothing wrong with Leveraged investing as long as you are disciplined and manage your risk. If you cannot do that then stay away.
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07-25-2007, 09:57 AM
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#16
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Mccree
There is nothing wrong with Leveraged investing as long as you are disciplined and manage your risk. If you cannot do that then stay away.
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Well to be fair though, if this strategy is properly managed and implemented there is no more leverage than your current mortgage. Sure, its a form of leverage, but this can be very conservative.
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07-25-2007, 01:06 PM
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#17
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#1 Goaltender
Join Date: Sep 2003
Location: Calgary
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Quote:
Originally Posted by Slava
Well to be fair though, if this strategy is properly managed and implemented there is no more leverage than your current mortgage. Sure, its a form of leverage, but this can be very conservative.
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Fair enough but you still have the risk of your investments droping.
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07-25-2007, 01:13 PM
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#18
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Appealing my suspension
Join Date: Sep 2002
Location: Just outside Enemy Lines
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Quote:
Originally Posted by Mccree
Fair enough but you still have the risk of your investments droping.
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No guts no glory!!!! If your investments lose value, chances are your house did too, and you're fata'd anyways even if you hadn't invested.
__________________
"Some guys like old balls"
Patriots QB Tom Brady
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07-25-2007, 01:16 PM
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#19
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Well if you house loses value then just don't sell the house...same goes for the investments. Its a long term proposition and there is no question that through time you will make money with this strategy. Plus, you get the added tax deductions which also add to the value of the strategy.
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07-25-2007, 03:27 PM
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#20
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#1 Goaltender
Join Date: Sep 2003
Location: Calgary
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Quote:
Originally Posted by Sylvanfan
No guts no glory!!!! If your investments lose value, chances are your house did too, and you're fata'd anyways even if you hadn't invested.
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Quote:
Originally Posted by Slava
Well if you house loses value then just don't sell the house...same goes for the investments. Its a long term proposition and there is no question that through time you will make money with this strategy. Plus, you get the added tax deductions which also add to the value of the strategy.
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I agree and in fact I have been using this strategy for a while now(at least something similar). Just saying that there is some risk and you need to be disciplined.
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