Investment Wisdom
The 3 Keys to Building Wealth
Do you ever find yourself unsure about what to do with an investment decision? Should you buy now or wait? Is this a good time? Should I buy something safe or invest for growth? You are not alone. Most people struggle with investment decisions because they think short term and do not have faith in…
Read MoreFinancial Post Article: When should I start CPP and what’s the best way to draw down my retirement investments?
The Financial Post asked me to review the finances of a couple who are already in retirement, but want advice on their withdrawal strategy. They are curious about how much they can take out of their investment accounts each year, so they have abundant cash flow, incur minimal tax and ensure their investment portfolio will…
Read MoreMillionaires in Poverty
This may sound like a dumb topic. Why would a millionaire live in poverty? We see it all the time, though. People living in a paid off home worth more than $1 million while living on an income of $20,000/year before tax. I believe this is caused by the belief that your home is your…
Read MoreEarningDiary Article: A Comprehensive Review of the Concept “Pay Yourself First”
I was recently interviewed by Lakhyajyoti Saikia from EarningDiary about the concept of “Pay Yourself First,” which is a fundamental financial planning concept. It refers to the practice of prioritizing saving and investing a portion of your income before you allocate funds for other expenses. While it initially may be counterintuitive, this approach has tremendous…
Read MoreDebunking “Sequence of Returns Risk”
What is the actual risk of running out of money if you start retirement when the market crashes? This is a question on the minds of many retirees. Especially because a lot of financial advisors talk about “Sequence of Returns Risk”. But worrying about this can lead to worse results for many retirees, as well…
Read More15 Top Principles of Money Most People Get Wrong
Are your finances where you want them to be? If not, there’s a very good chance that one of these 15, or maybe several of them are the underlying root cause. I’ve seen the finances of thousands of people and these are the principles that I find people most commonly get wrong, that have a…
Read MoreWhat Is the Highest Quality Financial Planning Advice?
PART # 1 PART # 2 *Please Note: For some reason the video cut-off, so we have included the second half of the video in Part #2. How do you know you’re getting the highest quality financial planning advice? I recently asked my social media followers and blog readers what financial topics you would like…
Read MoreDividend Investing Perfected with Self-Made Dividends
In my latest video and podcast episode I take an unconventional look at dividend investing & how to make it perfect. The video is a fact check of the advantages & disadvantages of dividend investing. Then I show how to fix all the disadvantages, so you can do it right. You may have already heard…
Read MoreThe High Risk of Bonds
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 your life goals. While bonds are less risky short-term…
Read MoreFinancial Post Article: 54-year-old’s retirement plan needs finessing in sickness and in health
The Financial Post asked me to review the finances of a 54-year old teacher who lives on her own and has health issues. She is wondering at what age she will be able to retire, and keep the same lifestyle she has now. In this article you’ll learn: CLICK THE LINK BELOW TO READ THE…
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