Ok... I guess it is correct that the final outcome is neutral.. I guess (if doing the RRSP way)... you would only be up by the interest you pay yourself (less fees) and you would also forgo any missed opportunities by not having that money availabe in the RRSP to invest...
Stupid.. stupid...me....
I completely missed the fact that the original principal was never mine to begin with. doh .
So that is why the interest rate being charged is so important... it will have to be at least as good as what you expect to get as a return and also you would have to factor in any fees that you would pay for setting up this type of thing for the rate.
Stupid.. stupid...me....
I completely missed the fact that the original principal was never mine to begin with. doh .
So that is why the interest rate being charged is so important... it will have to be at least as good as what you expect to get as a return and also you would have to factor in any fees that you would pay for setting up this type of thing for the rate.