Financial Planning Wisdom Archives – Page 2 of 16

How to fend off ‘lifestyle creep’ as you start to make more money (By Joel Kranc on LowestRates.ca)

by Ed Rempel | Nov 24, 2019 | Finance Wisdom, Financial Planning Wisdom, Retirement Planning Wisdom | 0 comments

Did you ever get a raise, bonus or tax refund, and at the end of the year you have no idea where it went? “Lifestyle creep” happens to most of us. It’s so easy to add a bit to your lifestyle every year without even realizing it, especially if your...

Is the home ownership dream dead for millennials? (Globe & Mail article by Paul Brent)

by Ed Rempel | Oct 18, 2019 | Financial Planning Wisdom, Managing Debt, Mortgage Wisdom | 0 comments

Some of my ideas for Millennials to buy their first home in this Globe & Mail article by Paul Brent: Is the home ownership dream dead for millennials? Figure out if you are ready. Use creative ideas to get your down payment. Make your home part of your long-term...

How to Successfully Implement the Smith Manoeuvre (Podcast with Ed Rempel)

by Ed Rempel | Sep 13, 2019 | Borrowing to Invest Wisdom, Financial Planning Wisdom, Mortgage Wisdom, Podcasts, Retirement Planning Wisdom, Smith Manoeuvre Wisdom, Tax Strategies | 2 comments

You know the basics about the Smith Manoeuvre. It’s a big decision. Here is a discussion of the big issues. Listen to my new podcast with Sean Cooper from BurnYourMortgage.ca . Here is the link: How to Successfully Implement the Smith Manoeuvre with Ed Rempel We...

Your FREE tickets to Canada’s top online financial conference – Canadian Financial Summit (online)

by Ed Rempel | Sep 8, 2019 | Borrowing to Invest Wisdom, Financial Planning Wisdom, Investment Wisdom, Smith Manoeuvre Wisdom, Videos | 0 comments

It’s back! Join me and 25+ top financial experts, journalists and bloggers for 3 days of online educational videos you can watch in your PJs. It’s 100% online so you can stream all the talks right from your computer/tablet/phone. The Summit is on September...

The High Risk of Bonds

by Ed Rempel | Aug 29, 2019 | Financial Planning Wisdom, Investment Wisdom, Retirement Planning Wisdom | 15 comments

The conventional wisdom is that bonds and fixed income are safe investments and you need them to stabilize your portfolio. The truth is much more complex. Understanding the high risk of bonds can be one of the easiest ways to get higher investment returns and achieve...

Minimize Taxes on Retirement Income (on Tangerine.ca)

by Ed Rempel | Apr 13, 2019 | Financial Planning Wisdom, Retirement Income, Retirement Planning Wisdom, Tax Strategies | 1 comment

Very well-written and insightful interview and article on Tangerine.ca by Robin Taub. Worth reading. A couple quotes: “The key to minimizing taxes on retirement income is careful planning, and this normally starts years or even a decade or two before you...