Investment Wisdom
3 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…
Read MoreCanadian Affairs Article: Can James, 71, and Valerie, 63, afford to move to a nicer neighbourhood?
Canadian Affairs asked me to review the financial situation of James and Valerie, a retired couple in Montreal. They dream of traveling twice a year, upgrading to a nicer neighbourhood, and replacing their car in a few years—all while maintaining a comfortable retirement with $64,000 a year in spending for the next decade. Currently, their…
Read MoreHow to Easily Outperform Financial Advisors, Robo-Advisors & Index Investors (Canadian Financial Summit 2024)
Why do so many Canadians struggle to achieve financial freedom, even with a solid financial plan? Why do they retire with less than they hoped for, despite diligently saving and investing? The answer often boils down to two things: suboptimal investments and a misguided focus on risk. In my latest YouTube video, podcast episode, and…
Read More7 Best Ideas to Optimize the Smith Manoeuvre (Canadian Financial Summit 2024)
With its quirky name, the Smith Manoeuvre might sound unconventional, but it’s a strategy that truly works—when done by the right people, in the right way, over the long term. From crafting over 1,000 professional Financial Plans, I’ve seen firsthand how the Smith Manoeuvre can transform your finances, helping Canadians use their home equity to…
Read MoreNational Post Article: Couple shy of retirement goals with $2.1 million portfolio
The National Post asked me to review the finances of Tom and Amanda, a semi-retired couple in their early 60s, who are debt-free, own a $1.9 million home in Southwestern Ontario, and plan to spend $115,000–$120,000 annually in retirement. Tom and Amanda enjoy part-time consulting work, which brings in $24,000 annually before tax, but the…
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