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My Many Money Mistakes & What I've Learned (Part 2)

beyond MD with Dr. Yatin Chadha

00:00

The Cost of Incorporating Too Early

For 30 years, that opportunity cost was over $900,000. So why do I think I incorporated too early? Well, remember in Calgary, we went ahead and bought a house right away. So essentially everything that went into the corporation came out right away. "I wasn't deferring any tax. I was only incurring fees," he says.

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