Financial Planning Wisdom
Why You Need A Growth Mindset
If there is one video you should watch of mine – it’s this one. It is my underlying outlook on life and financial planning. This is the outlook that leads to financial success. In my latest YouTube video, you’ll learn about the differences between a fear-based mindset and a growth mindset, and how wealthy people…
Read MoreUsing Your Corporation As Your Retirement Fund
Can you fund your retirement from your corporation? That’s the question I answer in my latest video specifically for business owners. This is part # 2 of the video I did last week, where I go deeper into tax-efficient investment strategies when owning a corporation. It may seem complicated (if you’re talking to your accountant),…
Read More5 Best Ideas To Optimize The Smith Manoeuvre
Is your mortgage tax deductible? You know the basics about the Smith Manoeuvre. This video is about the practical issues you may run into and how to maximize the benefits. We are Canada’s Smith Manoeuvre experts and have helped thousands of families implement it. Many “Smith Manoeuvre experts” just offer you a mortgage and leave…
Read MoreHow To Be Smart With Your Money In Your 20s & 30s
Want to teach your kids to be smart with their money? Then you’ll want to send them my latest video with an introduction into the world of finance. There are a million things to know. These are the few important ones, based on my Unconventional Wisdom. Whether you’re thinking about buying a car or a…
Read MoreToday’s Buying Opportunity For Stocks
There’s a sale on stocks today – it’s a 20% sale! We’re currently in a bear market. What does that mean when it comes to buying stocks? In my latest YouTube video I give my thoughts on why I believe now is a good time to buy. Watch this video to find out: Why all…
Read MoreWhy is Inflation Scarier than a Market Crash?
Inflation is now the #1 fear with “6 in 10 Canadians concerned they might not have enough money to feed their family”, according to an Ipsos poll. Most Canadians have never experienced high inflation. It has been flat at 2% for 3 decades, but now jumped to 7.7%. Many people are asking me what is…
Read MoreCash Dam – Best Mortgage Strategy if You Own a Small Business or Rental Property
This article was originally published on November 20, 2017. We have since made updates to it based on relevant, new information. We’ve also added a video that articulates the content in the article. What Is the Cash Dam and How Does It Work? Cash Dam is a simple but powerful concept to help you make…
Read MoreLIT FIRE! Create Financial Independence & Retire Early with Lifecycle Investing
You may have heard of FIRE, which is Financial Independence Retire Early, but how do you actually get there? How do you LIGHT your fire? You do it with Lifecycle Investing. This investment strategy is based on a concept by two university professors who wrote the book of the same name. In my latest video…
Read MoreMillionaires in Poverty
This may sound like a dumb topic. Why would a millionaire live in poverty? We see it all the time, though. People living in a paid off home worth more than $1 million while living on an income of $20,000/year before tax. I believe this is caused by the belief that your home is your…
Read MoreIs Typical Retirement Advice Good Advice?
If you’re thinking of retiring or your parents or friends are retiring, beware of the typical advice you get. In my latest video, I talk about the 5 conventional wisdom rules of thumb for retirees. As the unconventional wisdom guy, I do the math for you to see whether they actually worked in history. Then…
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