Financial Planning Wisdom
Live Q&A from Canadian Financial Summit 2022
In November 2022 I was a speaker at the Canadian Financial Summit. It is Canada’s #1 online financial summit. Kornel Szrejber who runs the event & the Build Wealth Canada podcast, did a Live Q&A with me for exclusive access pass holders. He gave me a link to this private event, so I could share…
Read MoreHow to Design Your Retirement Income: An Overview
With so much advice on retirement, sometimes it’s hard to know what to do. How do you put all the details together to get the retirement income you want with the minimum lifetime tax? Quite a few people asked me questions about retirement income in response to my last video. In my latest video, you’re…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2022
The online Canadian Financial Summit is coming up the week of October 12-15. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks. You can also offer your friends…
Read MoreWhy 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 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 MoreDo 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…
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