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Smith-Manoeuvre

What is Smith Manoeuvre

By WealthHack  Posted on March 16, 2020 In Blog, Investing Tagged heloc, interest deductible, leveredge, line of credit, smith manoeuvre 

The Smith Maneuver was developed and popularized in a book of the same name by Fraser Smith, a former financial planner based in Vancouver Island, Canada. Smith calls his maneuver a debt conversion strategy rather than a leveraging tactic, given its potential to lead to tax refunds, faster mortgage repayment and a growing retirement portfolio.


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