Smith Maneuver
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This series describes Mike’s Smith Maneuver or leveraged investment plan in detail.
- “My Grand Plan” – Describes the basic Smith Maneuver plan and includes a spreadsheet with detailed calculations.
- “The Risks” - Goes over all the various risks involved with this plan.
- “Interest rate exposure” – Covers a risk analysis calculation to determine how much I can safely borrow.
- “Exit strategies” – What are the possible outcomes of the leveraged plan?
- “There’s a fine line between good and evil” – Comment on the philosophy of leverage.
- Why I ended the Smith Manoeuvre – All good things must come to an end.
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Welcome to Money Smarts! If you're new here, please read the "About" page to find out more about this site. If you would like to receive updates by email then sign up here or you can subscribe to the RSS feed. Thanks for visiting!
{ 2 comments… read them below or add one }
FP,
Have you considered using futures/ or ultra longETF’s/ in order to leverage your portfolio?
Hi DGI – I haven’t considered futures or ultra long ETFs. They would certainly be a valid way to do it but I find that using a HELOC is the easiest way for me.
The other factor is taxes – dividends in Canadian companies are taxed much less heavily so my plan involves buying only Cdn dividend stocks.
Mike