DescriptionIf you're a Canadian investor who's feeling ripped off lately, you're not alone. Canadians pay the highest fees in the world when it comes to investments in RRSPs and other registered accounts. Is this just because Canadians are foolish, or is there something more sinister at work?
Now, and for the first time, The RRSP Secret reveals many of the financial industry's most closely guarded secrets - providing the individual investor an unprecedented view into how the financial system negatively impacts the financial freedom of most Canadians. More importantly, the book outlines specifically how to defend your wealth and use a little-known strategy to create double-digit returns - the same way the banks do.
You'll never hear a bank manager or financial advisor tell you about this secret strategy, and you won't read about it in the newspaper. Why? Because they'd rather continue selling you underperforming investments that increase their profits instead of making you wealthy. The financial industry is a massive marketing machine that isn't designed to make you money, and the only way you'll become financially free is if you take control of your financial future - and this is your opportunity.
In The RRSP Secret, Greg Habstritt teaches you how to use the money in your RRSP, TFSA and other registered savings accounts to invest in one of the most reliable and secure investments available to you - and it's exactly the same strategy that the banks use to create profits themselves. You'll finally be empowered to turn the tables on the financial industry, and beat them at their own game. You'll learn how to invest for double-digit returns without having to take massive risks, or pay hidden fees and commissions.
Stop being taken advantage of, and start making better decisions with your money. Your financial future starts now!
"" Greg Habstritt is a multi-millionaire who can show you exactly how to build massive wealth by using cutting-edge strategies and a formula for predicting markets. I teach people to learn from the best, and there's no one better than Greg!""
~ T. Harv Eker, Author of the #1 New York Times bestseller Secrets of the Millionaire Mind
""I have known Greg Habstritt for several years and have always appreciated his integrity, honest approach, and willingness to ‘tell it like it is.' The concepts you'll read about have been used by wealthy Canadians for decades and now, for the first time, they're being shared in a very straightforward, step-by-step guide.""
~ Don R. Campbell, President of the Real Estate Investing Network and bestselling author of Real Estate Investing In Canada 2.0
""If you need street-smart skills on how to make millions in real estate like the pros do, then stop looking! Greg Habstritt teaches his secrets on how to build massive wealth through real estate investing. Greg teaches what he does and what works, and you can take that to the bank.""
~ Keith J. Cunningham, Master Teacher of Business, Keys to the Vault Business School for Entrepreneurs
How to Use This Book xvii
How to Claim Your Free Bonuses xviii
PART I: WHAT THE FINANCIAL INDUSTRY
DOESN’T WANT YOU TO KNOW 1
Chapter 1: I’ve Met the Enemy, and the Enemy Is Me! 3
Chapter 2: Why the Financial Industry Isn’t Your Friend 17
Chapter 3: The Trillion-Dollar Heist 37
Chapter 4: Understanding Registered Accounts 53
PART II: THE BEST-KEPT INVESTING SECRET FOR CANADIANS 67
Chapter 5: The Best-Kept Secret Strategy for Creating Double-Digit Returns with Low Risk 69
Chapter 6: The Power of Flexibility 85
Chapter 7: Mortgage Investing, Step by Step 97
Chapter 8: How to Find and Evaluate Opportunities 125
Chapter 9: The Terms of the Deal 153
Chapter 10: Managing Risk and Dealing with Defaults 177
Common Questions and Answers 209