RRSP versus Cash Flow

by Jillaine Jurchuk on June 24, 2014

There seems to be some conflict on whether to invest or not to invest in RRSP. For me, I like to take a look at the facts. RRSP was instilled in me at a very young age. It’s all my parents new at the time…keep your head down, work hard, and invest in your home and RRSP. The questions I started to have is when I would overhear comments like “my RRSP isn’t growing”, or “we will get hit hard with tax at the end when we go to take it out”, or “I lost so much in RRSP that I will have to go back to work part time”, etc.

Now, I’m not saying that there is any guarantee out there in life, all I’m saying is “stop maximizing your RRSP and look into Cash Flow investments”. Here are a couple things to think about…

positive-cash-flow-statement

  • Remember that the tax you save today investing in your RRSP will need to be paid back at a later date. Often this later date is at a higher tax rate than you saved it. Now with  investing in cash flow properties (like CVIG offer’s) you invest today and take out at a later date (if you choose to) with no additional tax.
  • Do you really want the short term benefit of a tax deduction today (when your healthy and can work), in order to get taxed heavily on RRSP when you go to retire? CVIG can help you with both now and future investments. You invest now, we send you an annual cheque on the interest you’ve made on your investment and for your future, you can keep your original investment in and just keep collecting the annual cheques. We offer a minimum 30% return on your investment over 5 years…just something to think about since RRSP average 2% over a year (that’s 10% over 5 years versus our “minimum” 30%).
  • By focusing on various strategies other then maximizing your RRSP, YOU will be more in control of YOUR cash flow and taxes for retirement. Exactly!
  • RRSPs have very specific rules that govern what happens with YOUR money. This is what’s great about cash flow investments like CVIG, we are putting YOU back in charge.
  • An RRSP forces you to make withdrawals and the minimum you must withdraw increases every year and every dollar that you withdraw is fully taxable. CVIG does none of the above statement, we don’t force you on anything. It’s black and white, a minimum of $10,000 to be invested over 5 years. At the end of 5 years YOU decide what you want to do.

If your interested in getting ahead of the game faster on a solid investment then contact us today so we can support you in making this happen. EVERYONE deserves to live the life they want, take the extra vacation, buy a home, what ever that may be for you we can make it happen. Cash-FLow




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