I am having trouble understanding why would folks capitalize the interest? Yes, you don't use your own money to pay the interest but in the end, doesn't one end up paying more in interest, and the investment returns are not that different because if you capitalize the interest, it reduces the principal you can invest.
It looks like something is eating my kale. No visible signs of any caterpillars. Can someone help identify the cause and a solution?
I recently learned about smith maneuver and quite interested in utilizing it. We bought a house and have a TD flexline product that is used to pay the mortgage. We have 90k in there that we can withdraw and start investing right away and then I am hoping to withdraw monthly to invest. My spouse has 100k rrsp room and I have a 90k tfsa room. Is it better to invest the lumpsump amount in rrsp, reinvest the tax returns and then invest monthly into non-registered account or go directly to investing in the non registered account? Idea is to do this for 15 years, pay off mortgage and retire. I am in 43-44% tax bracket. Spouse in 36-38%.