Live in your RRSP

When you are looking to purchase a home, always think of the end game; “what’s this place going to be worth when I move”.
I was contemplating this while sitting in an open house on a property that overlooks the lake on three sides. It was a little more money than just your average acreage because it’s 1.39 acres of development land. It’s also a beautiful acreage in which to live right now. The investment may be a bit higher but the profit in the end will be much higher as well. It is such a great investment and it will go up in value so much that you wouldn’t even need to put money away in savings or RRSP‘s to afford to retire later!
So, when you’re looking for your new home, you may want to keep that in mind. You may even want to use some of your savings now to purchase something that will have more value than the 3 or 4% return that you’re getting now on your money.
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