Smith Manoeuvre

The most comprehensive resource online for the Smith Manoeuvre – done and tested by us for more than 12 years now. Learn how to use this powerful financial instrument to your advantage with our detailed strategy guides and Smith maneuver calculator.

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Smith Manoeuvre

Mastering the Smith Manoeuvre and Turning Your Mortgage Into a Tax Deductible Investment Loan

By FT February 20, 2021

We’ve been writing about the Smith Manoeuvre here at Million Dollar Journey for over a decade now! Since I have personally implemented the Smith Manoeuvre…

Running Out Of Heloc Space

Running out of HELOC Space with the Smith Manoeuvre

By FT October 7, 2019

If you’ve been following the blog for a while, you may have heard about the Smith Manoeuvre. At a high level, it’s a long-term investment…

Investment Loan And Excess Cash

An Investment Loan and Excess Cash

By FT July 12, 2010

Back in March 2009, I posted about what happens to the Smith Manoeuvre strategy once the mortgage is paid off.  From that post, I listed…

Adding Cash To A Leveraged Portfolio

Adding (non borrowed) Cash to a Leveraged Portfolio

By FT November 2, 2009

As the installment portion of my mortgage is soon coming to an end, lately I’ve been thinking about my leveraged portfolio and how I’m going…

Tax Deductible Mortgage Plan

Tax Deductible Mortgage Plan (TDMP) – Worth It?

By FT July 6, 2009

There was comment in the popular Smith Manoeuvre thread about comparing the tax deductible mortgage plan (TDMP) to the traditional SM.  Here are my thoughts…

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Defined Benefit Pension vs Defined Contribution Pension

By FT May 6, 2009

With retirement being a hot topic in personal finance, I get a lot of questions regarding the differences between a defined benefit pension plan and…

Leveraged Investing

Leveraged Investing and Prime Interest Rates

By FT November 12, 2008

In my last Smith Manoeuvre update, a reader commented as to why would I invest in any stocks with yields lower than my interest rate. …

Market Crash

The Smith Maneouvre during a Market Crash

By FT October 9, 2008

There has been much concern over the viability of the Smith Manoeuvre or a leveraged investment strategy during this recent bear market.  The main concerns…

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