Posts by Ed Rempel
Financial Post Article: Married couple need roadmap to ensure their comfortable lifestyle continues in retirement
The Financial Post asked me to review the finances of a married couple in their 60s who are winding down their successful Ottawa-based consulting business and operating company. They want to shift to a two or three-day workweek and take summers off, and they are trying to determine where to invest their money, so they…
Read MoreSmith Manoeuvre or Smith Maneuver?
Why the two spellings and which is correct? This strategy (which I’m most known for), helps Canadian homeowners make their mortgages tax deductible in a simple way. What’s the proper spelling? Who pioneered this legal strategy? Does it work in Quebec? Can you use it if you live in the United States? All these questions…
Read MoreAsset Allocation Loss Ratio (AALR) – What Is It & How Does It Help You?
When you go to any investment firm, they require you to fill out & sign a Risk Tolerance Questionnaire of some kind. The purpose is to prevent you from investing too aggressively. This can be important, because you might sell a more aggressive investment when it is down and lose money. However, there are 2…
Read MoreCanadian Press Article: Biggest mistakes that could tarnish, or even tank, your credit rating
Want to know the biggest mistakes that could tarnish, or even tank your credit rating? Even if you’re good with your finances, you may not realize that small actions can prevent you from getting the best interest rates on big purchases, like buying a new home. The Canadian Press recently interviewed me on this topic…
Read MoreFinancial Post Article: This 70-year-old with some risky investments wants to know where to put his money
The Financial Post asked me to review the finances of a 70-year-old retired man who is expected to inherit $200,000. He has been focusing on growing a modest, self-directed investment portfolio using a mix of somewhat risky stocks and funds. What should he do now for the next chapter in his life? How much does…
Read MoreHow to EASILY Outperform Index Investors
It is EASY to outperform index investors? Why? You would think that people that consider themselves “index investors” would just own 1 or 2 broad indexes and try for the index return. However the ones I see usually do not invest this way. Most of them have suboptimal portfolios that may contain: 1/ Bonds –…
Read MoreGambling, Speculating, Saving & Investing. What’s the difference?
How should you invest your money? If you don’t invest wisely, it will be hard to fund your future. There are always new areas you can put your money into, but are they worthwhile long-term? In my latest video and podcast episode, I look at all the possible areas to invest your money and fit…
Read MoreHow to Easily Outperform Financial Advisors, Robo-Advisors & Index Investors
Financial freedom is what we all want. We talk to people about their finances all the time and most people just want to know that their money is there, and they can live their life the way they want, but very few Canadians actually get there. Why? Most Canadians are not financially secure because of…
Read MoreMoney123 Article: Using a Credit Line as Your Emergency Fund
Do you have a credit line? It may be a great way to provide for emergencies, instead of having cash lying around. As a financial planner for Global News’ Money123 online email newsletter, I answer reader questions about investing, managing your finances, and planning for your future. In the latest email that went out to…
Read MoreFinancial Post Article: Retired multi-millionaire wants to know pros and cons of LIFs vs. RRIFs, but he has a bigger issue
The Financial Post asked me to review the finances of a retired multi-millionaire who needs to prioritize tax efficiency, as well as the pros and cons of LIFS vs. RRIFs. In the article you’ll learn why it’s so important for someone with this amount of wealth to create a financial and retirement plan. CLICK THE…
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