Glenn Simon Inc. and Investec Solutions Inc. team up to help Canadian Investors

Canadian companies collaborate to offer RRSP and LIRA holders control of their retirement funds.
April 15, 2009 - PRLog -- Alberta, Canada real estate investment company, Glenn Simon Inc. and British Columbia, Canada Investec Solutions Inc. have collaborated to offer Canadian RRSP and LIRA holders an innovative way to put their retirement funds into cash flowing real estate with reduced risk.

Using Investec’s original I-finance program, Canadians can now purchase cash flowing real estate by accessing their retirement savings. I-finance allows Canadian RRSP and LIRA holders to borrow the value of their funds without touching the balance, so it can continue to grow.  The funds can then be used to invest as the RRSP/ LIRA holder likes.  

Glenn Simon Inc. has joined with Investec Solutions to enable successful I-finance clients to use this strategy to purchase cash flowing real estate in economically strong areas in Alberta.  

“The benefits to the consumer are incredible. Not only can they stabilize their RRSP or LIRA and purchase investment property but do so at a time when interest rates are very low and housing prices are soft. “ Todd Millar owner Glenn Simon Inc.

Many Canadians have lost a significant proportion of their retirement funds in their RRSP or LIRA. By teaming up with Glenn Simon Inc. they can recoup the losses in a safer hard asset like real estate.  

“There is a lot less liquidity in real estate and that is one of the reasons why it is safer than paper assets where 20 years of savings can vanish in a day.” Millar says

For nearly a decade, Glenn Simon Inc. has helped investors in Canada and around the world buy revenue producing real estate in the economic powerhouse of Edmonton, Alberta Canada.

The investor acts as a cash only partner while the company takes care of the day-to-day hassles normally that normally deter individual investors.

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Glenn Simon Inc., an Alberta registered company established in 2002, delivers superior, revenue Joint Venture properties in the economic power house region of the Alberta Oil Sands, Canada.
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Tags:Rrsp, Lira, Canadian, Retirement, Planning, Revenue Real Estate, Rrsp Loan, Financial Planning
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Page Updated Last on: Apr 15, 2009
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