Become the bank!
Make more money in your RRSP by becoming a private lender. Yes, you become the bank! By understanding a few easy steps, you can lend the money in your RSP and have the profits come back to the RSP…that means your RSP is growing faster!
Tons of millionaires use this strategy to build wealth in their RSPs.
Knowing how to lend money is obviously a key part of the process. You will also become adept at the steps of the mortgage underwriting process and the additional fees you are entitled to as a lender.