Financial Planning Wisdom
Interview With Ed Rempel, Canadian Financial Advisor and Commentator by Exeleon Magazine
Exeleon Magazine recently interviewed me on the different retirement and financial planning strategies that I’m an expert on and consult my clients on. As a CFP, CPA, CMA and certified hedge fund specialist, I help you create financial independence with effective methods that go against the grain. In my three decades of experience, I’ve seen…
Read MoreHow to Avoid or Minimize Extra Tax From New Higher Capital Gains Tax
You may have heard that we just had a new budget here in Canada, and increased the taxes on capital gains. Canadians with a rental property, cottage or investments and their tax advisors are scrambling to figure out what to do before the deadline of June 25, 2024. Here are the questions we’ll cover: What…
Read MoreHow to Donate Effectively
You may be thinking – what difference can I make in the world? As a financial planner I talk a lot about money, however, it’s not really about the money itself, but what it does for your life – how to live well, retire comfortably, and give back. In my latest video and podcast episode,…
Read MoreHow to EASILY Outperform Financial Advisors
It is EASY to outperform financial advisors? Why? Conventional wisdom is they underperform because of fees, but there is a bigger reason. They don’t even try to outperform. They try for: “Reasonable return with less risk”. Financial advisors are mainly salespeople, not financial planners. They are more likely to lose a client because of a…
Read MoreGold Goes Down on Inflation. Why Doesn’t the Industry Know This?
Gold goes down on inflation. Why doesn’t the industry know this? This is one of the most common and wrong conventional wisdoms. The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value. The problem is – this isn’t true and…
Read MoreFinancial Post Article: Middle-aged woman who just lost her high-income job wonders when it’s ‘safe’ to retire
The Financial Post asked me to review the finances of a 47-year-old woman who lost her high-income job, and wants to know when it’s “safe” to retire. A successful professional, she was well on her way to an early retirement at age 52 or 53, but now she’s wondering if that will still be possible,…
Read More6 Key Lessons Learned as a Fee-For-Service Financial Planner – Talk With Ellen Roseman’s Investment Club
I was honoured to be invited by Ellen Roseman to speak with her Investment Club about the 6 key lessons I have learned as a fee-for-service financial planner. They have had investment guest speakers, but never someone just talking about financial planning. Ellen Roseman is a journalist who sticks up for ordinary Canadians. Her personal…
Read MoreShould I start my CPP early? – Real-Life Examples
The most common CPP question I am asked is: “Is it smart to take my CPP early?” Prefer an overview? Like videos? Check out our whiteboard video, podcast episode or read the full post below! A quick review of the facts: The simple breakeven calculation misses many important factors. For example, if John starts receiving…
Read MoreThe 6 Steps to Become Financially Independent
What will it take for you to become financially free? To have enough money that you never have to work again? This video and podcast episode is my insight into the few key ideas you really need to know. It’s an overview to give you the big picture of what really works. Some of these…
Read MoreHow to EASILY Outperform Robo-Advisors
It is EASY to outperform robo-advisors? Why? They don’t even try to outperform. They try for: “Reasonable return with less risk”. You would think robo-advisors would just invest in a few broad indexes, but often they don’t. And they require you to invest in bonds no matter how high your risk tolerance. Robo-advisors are big…
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