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911WealthNetwork.com Founder and Host, Dave Knight is a full time Police Officer who outside the workplace has been able to grow a multi-million dollar rental income portfolio.

First Responders Wealth Network Podcast was created to help ALL First Responders become educated and exposed to the possibilities of real estate investing, the strategies used to grow your wealth, and to stop relying on your paycheque and pensions alone.

Top millionaire investors, industry leading professionals, and success stories from other First Responder investors throughout Canada and United States are showcased weekly to share their journey and lessons learned.

Dave’s mission is to help educate, inspire to take action, create a network, and change ALL first responders mindset on how they approach their financial future or retirement. #911WealthNetwork 

  1. All Episodes
  2. How to use the Smith Manoeuvre w/ Robinson Smith

Nov 7, 2019

If you want to connect with Dave, download his Ebook and Audiobook for FREE and then schedule your free strategy call to help you get started. Just go to www.911WealthNetwork.com ALSO, If you like this content, please Subscribe, Rate and Review on iTunes/ApplePodcasts

This episode is loaded with plenty of actionable tips on how you can make your financial well-being better, especially for Canadians.

Your host Dave Knight interviews Rob Smith. Rob is the son of Fraser Smith who invented the Smith Manoeuvre. Rob is now the President over at Smith Consulting Ltd.

Dave and Rob dive into deep on how to better understand your taxes, debts and how you can use it to your advantage by paying off your mortgage quicker.

 

What was covered:

  • The difference between the two types of dept: non-deductable and deductable debt
  • Why do mortgages in Canada become extremely expensive
  • How to use the non-deductible and deductible debt to your advantage to pay your mortgage on a minimum amount, and save for your retirement
  • The debt conversion strategy
  • Different types of accelerators to speed up your income, amortization, conversion period and your portfolio value
  • The Smith Manoeuvre: how it can help you predict your future income growth, portfolio value, debt and mortgage.

 

Go grab Robs new book at www.smithman.net