Investment Wisdom
How to Reliably Maximize Your Retirement Income – Is the “4% Rule” Safe?
You want to retire soon. What is the best way to setup your retirement income to give you the maximum cash flow that will reliably last the rest of your life? Many financial planners use the “4% Rule”, which says that you can, for example, withdraw $40,000/year rising by inflation for life from a $1…
Read MoreFinancial Advice or Financial Quackery?
“You gotta be careful if you don’t know where you’re going, otherwise you might not get there.” – Yogi Berra How can you tell whether financial advice you receive is real financial advice or financial quackery? Much of what happens in the financial industry is financial quackery, but because the common methods are familiar to…
Read MoreRempel Maximum – 5 Steps to Becoming a Multi-Millionaire
Remember the show “Who wants to be a millionaire?” Are you the kind of person that wants to build some serious wealth? Live an exceptional life? Be financially free? I don’t mean just a comfortable amount. I mean a lot – like being a multi-millionaire. The truth is, average people can become very wealthy just…
Read MoreNational Post Article: Couple wonders – Start investing or stick with rental income to build nest egg?
The National Post asked me to review the retirement plan of a blended-family couple in their 40s from British Columbia. Jennifer is 40 and Roland is 49. They live on a rural property with a hobby farm and have four children between the ages of 18 and 22. With three rental properties, $180,000 sitting in…
Read More3 Principles of Successful Investors (UPDATED)
“There are some people who, if they don’t already know, you can’t tell ’em.” – Yogi Berra Are you one of those investors for whom things just seem to always work out well? Getting superior long term returns seems to take little effort. Whatever strategy you use seems to eventually work. You don’t spend much…
Read MoreNational Post Article: How to take a tax-smart approach to long-term savings
The National Post asked me to share my insights on the smartest, most tax-efficient strategies for young Canadians looking to build wealth. This article is part of a special series aimed at Millennial and Gen Z investors who are focused on long-term financial growth. Some key points that are covered in the article: CLICK THE…
Read MoreCan You Be Confident in the Stock Market? (UPDATED)
Which is true? To invest effectively for your future, it is vital to be confident in your investments. Here is the historical data to give you a clear picture of what long-term investors can expect. By the end, you’ll have a clearer answer to the big question: Is the stock market the best way to…
Read MoreRealizing You Somehow Became Wealthy
I often talk with people who realize—almost by surprise—that they’ve become wealthy. They never really thought of themselves as wealthy, but after years of saving and investing effectively, it hits them: I’m actually wealthy. And let me tell you—being wealthy feels different. In my latest YouTube video, podcast episode, and blog post I talk about:…
Read MoreRetiring Right Before or During a Recession. Debunking “Sequence of Returns Risk”. (Canadian Financial Summit 2024)
Bloggers and advisors constantly warn about the “Sequence of Returns Risk”—the fear that retiring right before or during a market crash will drain your savings too quickly. This fear often leads retirees to make poor investment choices, resulting in: But how real is this risk? And do the conventional solutions—like investing in bonds or following…
Read MoreNew Study Supports 100% Equity Investing for Life – The Debate
Recently, I posted a video “New Study Supports 100% Equity Investing for Life” that went semi-viral with 14,000 YouTube views & 1,000 podcast downloads. There is an interesting active debate mainly on YouTube, and a bit on my blog with a lot of comments and questions. Let’s look at them and join the debate. The…
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