Re:How One Couple Climbed Out of Debt and Became Millionaire...
by blisterpeanuts on Wednesday June 03, 2015 @09:44PM
(#9656970)
The mortgage interest is not tax deductible in Canada.
Also, taxes are much higher in Canada than in the U.S.
I'm a bit skeptical about this article. I think the bottom line is that he had a bunch of stocks and mutual funds that he's been accumulating since he was a teen.
Most people lack the foresight and advice to do such a thing (God, I wish I'd done it) so this article doesn't really apply to the majority.
Also, taxes are much higher in Canada than in the U.S.
I'm a bit skeptical about this article. I think the bottom line is that he had a bunch of stocks and mutual funds that he's been accumulating since he was a teen.
Most people lack the foresight and advice to do such a thing (God, I wish I'd done it) so this article doesn't really apply to the majority.