Sympatico / MSN Finance
Sympatico / MSN Finance: "Carrying charges also include interest on money borrowed to invest. The Canada Revenue Agency is contemplating changes to the interest-deductibility rules, so it is necessary for investors to consult a tax accountant before making a move.
But there are several things that can be done. For example, you may be able to borrow at 6 per cent and invest in income trusts that pay distributions at 8 or 10 per cent annually, with the opportunity for capital gains if you choose trusts with good growth potential. (There is also the potential for capital losses, so such a strategy carries some risk.) "
But there are several things that can be done. For example, you may be able to borrow at 6 per cent and invest in income trusts that pay distributions at 8 or 10 per cent annually, with the opportunity for capital gains if you choose trusts with good growth potential. (There is also the potential for capital losses, so such a strategy carries some risk.) "
posted by financeblog at
4/06/2005 10:29:00 PM
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