Posts by Ed Rempel
Do Bonds Still Make Sense For Retirement Savings? The Debate
My recent video saying bonds are dead as an investment has started a debate on MoneySense and industry forums. Here is what the bond advocates are missing: It’s a financial planning issue. For example, if you and your spouse earn $50,000/year each ($100,000 total) and you want to retire on $80,000/year in today’s dollars in…
Read MoreYour “Interactive Financial Plan” – the Only Way to Answer Your Life Questions
Have you received a free financial plan from your bank, or paid for a plan from a fee-for-service financial planner – but still don’t know the answer to your life questions? If a financial plan does not tell you what you want to know, it is probably either because: It is a “fake financial plan”.…
Read MoreLive Q&A from Canadian Financial Summit
I expected questions on my 2 talks at the Canadian Financial Summit a month ago. I was surpised to get questions on many topics, including: How to setup a tax-efficient retirement income. The truth you need to hear about why the investment industry forces you to invest in bonds. Bonds – a horrible place to…
Read MoreThe Ultimate Guide to Informal Trusts
The 2 best ways to save & invest for your kids are RESPs and ITF accounts (informal trusts). To understand this, the best article I have read is by Chrissy on Eat Sleep Breathe FI: THE ULTIMATE GUIDE TO INFORMAL TRUSTS (FOR CANADIANS) Why consider an informal trust? 1. Saving for “anything else” RESPs are…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2021
The online Canadian Financial Summit is next week. It is the #1 personal finance event of the year. As a reader of Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks, and all your friends if you forward these passes to them. I’ll be one of…
Read MoreYour “Interactive Financial Plan” – the Only Way to Answer Your Life Questions
Have you received a free financial plan from your bank, or paid for a plan from a fee-for-service financial planner – but still don’t know the answer to your life questions? If a financial plan does not tell you what you want to know, it is probably either because: It is a “fake financial plan”.…
Read MoreWe are hiring! Join our team!
Financial Planning Professional As one of Canada’s Top Financial Planning Teams, our “One plan – One planner” and “Full Service” philosophy means we look after all aspects of our clients’ finances. The core mandate of our Practice is detailed financial planning (not sales) and very rewarding in making a big difference in our clients’ lives.…
Read MoreBitcoin: Should you buy into the mania?
Fun talk with popular podcaster Alain Guilliot about the bitcoin mania. We talk about whether Bitcoin:– has any intrinsic value,– is or is it not a currency– is an investment of a gambling tool. Ed Rempel: Buyers of Bitcoin Will Eventually be Stuck Holding the Bag Ed
Read MoreQ&A from Canadian Financial Summit (podcast)
Your questions from the Summit are answered here! The biggest online personal finance conference in Canada is the Canadian Financial Summit, which was a few weeks ago. I was interviewed for 2 intriguing talks: How to Easily Outperform Investment Advisors & Robo-Advisors The High Risk of Bonds: Are Bonds Actually Safe Investments? Here are my answers to…
Read MoreWe asked 11 financial experts what their best mortgage and insurance advice is for 2021
Solid mortgage & insurance advice from 11 of Canada’s top financial blogger experts on LowestRates.ca . “If 2020 was a difficult year for you and you struggled with your mortgage, start 2021 with a better plan. Many people panic about paying off their mortgage. The most effective mortgage strategy for most people is to pay…
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