Three of Canada’s major banks have decreased their prime lending rates by 15 basis points on the news that the Bank of Canada cut lending rates by 25 basis points to 0.75%. According to Ben Rabidoux, president of North Cove Advisors, went on record and said, “it’s not out of the realm of possibility that we will see a bank roll out a 2.5% five-year fixed offer, probably as early as March.”
Did you know that your home has the power to make you rich? Can you imagine accumulating a portfolio of 5 investment properties and having them paid off in 20-25 years? Not only is your home one of your best assets it is also one of the most powerful financial vehicles available to you for generating wealth.
What if we told you that we could take your one condo and turn it into seven without using any of your savings? What if we told you that you could turn your home into an investment vehicle and retire rich? At CONNECT asset management we help people build wealth through cash-flowing condos.