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$163,000 Smith Manoeuvre Portfolio in Canada 🍁 (3 Years Review)

The Smith Manoeuvre is a legal, debt conversion technique to transform mortgage interest into tax deductions in Canada. It allows you to pay off your mortgage faster and use the funds to invest and start taking advantage of compounding interest earlier on to build a larger net worth. In this video, I provide a review of our $163,000 Smith Manoeuvre Portfolio that my wife and I have with Questrade for the past 3 years. ➡️For our re-advanceable mortgage, we are using the Scotia Total Equity Plan (STEP). Anyone else is using the Smith Manoeuvre? If yes, which bank/HELOC are you using? To learn more, I encourage you to read the book "Master Your Mortgage for Financial Freedom" and watch more videos on this topic on Moementum Finance Youtube channel:    • Good Debt vs. Bad Debt: Tax Deductibl...   ✅ Subscribe to Moementum Channel for more Investing and Financial Freedom videos:    / @moementumfinance   🌺Follow our entire portfolio on Blossom! Download Blossom App for Free to track your portfolio, connect with over 100,000 Canadian and US Investors, and to see my portfolio & trades! 💰🚀 https://blossomsocialapp.page.link/moe ➡️ Get rewarded up to $2500 in cash by opening a free Wealthsimple Trade account using the referral code IZ0RTW ... 𝗖𝐋𝐈𝗖𝐊 𝐁𝗘𝐋𝐎𝐖 👇 https://my.wealthsimple.com/app/publi... ✅Earn $50 when you open a Questrade Account: https://start.questrade.com/?oaa_prom... 🌟Get a $10 Public Mobile credit and save on your mobile bill: https://publicmobile.ca/plans?referra... ✅ Other recommended videos: Ultimate Guide to ETF Investing in Canada 🍁 (Investing for Beginners):    • Ultimate Guide to ETF Investing in Ca...   Stock Lending through Wealthsimple:    • Stock Lending through Wealthsimple: A...   Why I am switching from Wealthsimple to Questrade NOW (Simple Transfer Process in Minutes ⏳):    • Why I am switching from Wealthsimple ...   3 Legged Stool of Retirement (+ Our Financial Independence Portfolio):    • 3 Legged Stool of Retirement (+ Our $...   Stock Lending through Wealthsimple: Additional Passive Income in our ETF Portfolio 💰:    • Stock Lending through Wealthsimple: A...   Track your Stock Portfolio on Blossom (Dividend & Growth Investing for Beginners) 🍁💰:    • Track your Stock Portfolio on Blossom...   Best Canadian Dividend ETFs for Passive Income 🍁 (Dividend Investing for Beginners):    • Best Canadian Dividend ETFs for Passi...   11 Stock Market Sectors (Dividend Investing for Beginners):    • 11 Stock Market Sectors (Dividend Inv...   How to Earn $4K Passive Dividend Income Tax Free in Canada 🍁🤑💰:    • How to Earn $4K Passive Dividend Inco...   #SmithManoeuvre #stockmarket #investing #canadianinvestor #money #financialindependence ** Special Offers ** 👫 Use the referral link below to sign up for Shakepay Crypto Trading tool and earn $30 when you buy $100 of digital currency (That's like 30% of immediate return!). Plus you can shake your phone everyday to earn free fractions of bitcoin: https://shakepay.me/r/TI81EPK 🎙You can also follow our Podcast, "Financial Independence Factor" (available on Google Podcast, Spotify and other platforms) for inspiring episodes focused on financial independence: https://open.spotify.com/show/6Ju5r3c... ✅ Use the following referral link to earn $20 when you open a new EQ Bank (Equitable Bank) account: https://join.eqbank.ca?code=MOSTAFA3611 ✅ Open a Tangerine account with my Orange Key 56004245S1 and get a $50 bonus! ✅Get $10,000 managed free for 12 months through the Wealthsimple Investing promo link below: https://wealthsimple.com/invite/Mostafa ✅Get a Free Stock by using this referral code: Invest in US Stocks and ETFs on Stake. Join today using my referral code mehrann962 and we can both get a free stock: https://hellostake.com/au/referral-pr... You can also find us on: Facebook:   / moementumconsulting   Instagram:   / moementumconsulting   Twitter:   / findmoementum   TikTok:   / findmoementum  

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