Whether you have a one time capital sum you wish to invest, or you want to invest annually to build your portfolio -- M. Richard & Associates Inc. Second Mortgages are an exciting investment option to consider. |
The graphs compare the alternative of investing in Term Certificates paying 7% and M. Richard & Associates Inc. Second Mortgages paying 18%. Taxes have not been considered, but even after taxes the relative comparison would likely be the same for most investors. If the mortgages are held in a RRSP, tax is not payable on the interest earned. A one time investment of $10,000 grows to $294,570 in 25 years at 18% and only $55,849 at 7%. After 25 years you have over 5 times as much from the same initial investment! |
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If you would like to discuss any of the above alternatives E- - Mike Roach. |
Call (403)230-8337 Fax (403)230-5262 Write: M. Richard & Associates Inc. Suite 215, 222-16th Avenue N.E. Calgary, Alberta T2E-1J8 |
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