Join NREIC & tune in to our monthly keynote sessions to experience a live speaker who is an expert in their craft, specializing in a niche within the real estate industry. Discuss niche-specific topics, relevant to your Manitoban community benefitting all high-level investors. Taking place over Zoom, these empowering sessions provide an opportunity for members to ask questions and interact with the speakers, access content that is designed for you - the internet already has enough clutter & obtain localized & timely information creating a truly valuable experience in the comfort of your own home.
Welcome to our Speaker Session: The Smith Manoeuvre - Turn Your Biggest Liability Into Your Biggest Asset
Rob Smith will be discussing how we Canadians face increasing hurdles to our financial security: rising taxes, inflation, and expensive home ownership - all of which make it very difficult to invest for our future. The Smith Manoeuvre is a financial strategy for Canadian homeowners that can help with all of these issues. Reduce your tax bill, eliminate your expensive mortgage much sooner than otherwise possible, and build a significant investment portfolio that otherwise would simply not exist. These benefits start now, occur simultaneously, and increase exponentially over time.
Who is Rob Smith?
ROBINSON C. SMITH operates the Smith Consulting Group Ltd, out of Victoria, B.C, on Vancouver Island. He has an extensive history in the investment space, both international and retail. Robinson has a double major in Chinese Studies and Economics from the University of Victoria and an MBA in International Business from Simon Fraser University.
Robinson spent a total of just over seven years studying and working in China in foreign trade and investment banking including serving as Vice President for The Balloch Group, a boutique international investment bank based in Beijing founded by the former Canadian Ambassador to China. He has dined and mingled with the likes of Henry Kissinger, Prime Minister Jean Chretien, and the Premier of China, yet somehow still manages to maintain a staggering air of superiority.
Robinson joined his father, Fraser, at Smith Consulting Group Ltd. back in early 2006 when he returned to Canada from Asia. Over an advisory career spanning 12 years, Robinson guided over 500 families on the implementation of The Smith Manoeuvre mortgage conversion strategy and built a nine-figure book of business.
In the middle of 2018, Robinson sold his advisory practice to write his book, Master Your Mortgage for Financial Freedom (which hit #1 in 22 categories on Amazon on launch day), develop the new and improved Smithman Calculator, and develop and deliver The Smith Manoeuvre Homeowner Course for Canadians who wanted to expand their understanding of the strategy. Robinson has also established The Smith Manoeuvre Certified Professional Accreditation Program whereby financial professionals from across Canada earn accreditation as Smith Manoeuvre Certified Professionals in order to best serve Canadian homeowners.
Robinson now dedicates his time to writing, speaking, and training homeowners, educators, and financial professionals in The Smith Manoeuvre strategy in order to continue with his father’s original mission to give every Canadian homeowner the opportunity to say, “Yes” to the question, “Do you want to make your mortgage tax-deductible?”
He lives in Victoria, BC, with his wife, Heidi, and their dog, Harley.
The three topics of discussion will be:
The upcoming for HELOCS announced by OFSI
Step-by-step strategy/process for completing the Smith Manoeuvre
How to make your mortgage tax-deductible, accrue tax deductions & reinvest found money.
The three key takeaways:
Appropriate financing for the strategy
How to implement the Plain Jane Smith Manoeuvre
How to utilize the Accelerators to speed up the wealth creation process
What value will this presentation bring to viewers?:
For the typical Canadian, the basic strategy is worth around $300,000 - $400,000 and an amortization reduction of around 3-4 years. With Accelerators, we frequently see net worth improvement projections of around one million dollars and an amortization reduced to less than ten years.
Calculators
True Cost of Mortgage
Reverse Mortgage Calculator
Compound Growth Calculator
The Smith Manoeuvre Quiz
Three Reasons to Consider the Smith Manoeuvre PDF
Cash Finding Tips for the Smith Manoeuvre PDF
**Please note, Speaker Sessions are recorded and can be accessed by NREIC+ & NREIC VIP Members through the Resources Area of their Member Hub at any time after the session.**