Posts by Ed Rempel
Is “Management Integrity” an Oxymoron?
Warren Buffet said: “In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you.” The story of Conrad Black, as told in the media, is of a very intelligent and energetic manager that used his skills to benefit…
Read MoreIs 100% Tax-Efficient Investing Possible?
One of the 3 D’s of tax savings is Defer. Paying tax some time far in the future is much better than paying tax now. One of the most effective ways of getting huge, compound growth in your portfolio is to pay as little tax as possible along the way. This is why RRSP investments…
Read MoreUniversal Life Insurance – Part 2
So, do we NEED universal life insurance? The main life insurance need most people have is income replacement. If you have anyone that is financially dependent on you (your family) and you want to know they will be okay if you die, you probably need to have some life insurance to replace that part of…
Read MoreUniversal Life Insurance – or “Term & Invest the Difference”?
There is a saying in the insurance industry – “If the only tool you have is a hammer, then every problem looks like a nail.” There should be a comedy show about many insurance seminars. Insurance advisors are trained to: – “Create a need (for insurance) and then fill it.” – “What we do is…
Read MoreStock Market Beliefs – Part 2
In part 1, I listed 20 commonly believed myths that Ken Fisher disproves, and 3 commonly held beliefs where he proves the opposite is true. Here are a couple of examples of his stats and a review of the rest of this extremely insightful book. The stats show that in the 9 years with the…
Read MoreStock Market Beliefs – Part 1
Every once in a while, I come across a truly fascinating book. I love reading financial and investment books. I’ve read most of the major books in the stores and try to read at least one on each theme. But it is rare to come across such an insightful book. Read more…
Read MoreMyths about Leveraging into Equities – Part 2
What are the risks of borrowing to invest? Let’s assume the total risk is a combination of the 3 main financial risks – the risk of losing money, the risk of emotional stress, and the shortfall risk of not having enough money to meet your long term goals (e.g. retirement). The first 2 are generally…
Read MoreMyths about Leveraging into Equities – Part 1
For this post, I am borrowing heavily from Talbot Stevens, whose writing about leverage was inspirational to me since the early 1990s. I’ve always been fascinated by commonly held beliefs that just aren’t true. When you talk about leveraging into equities, there are many. Here are the most common myths:
Read MoreShould I Incorporate my Small Business?
This topic was requested by a reader and is a question I am often asked. The issues are all tax and legal, and can be intimidating. However, they can be summed up with a few questions. Read more…
Read MoreLeveraging into equities – The only source of wealth?
I was browsing through Forbes latest list of the 400 richest Americans and it occurred to me that they almost all made it there the same way. Basically, the ONLY way they made it super-rich is by leveraging into equities! Read more…
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