Podcasts
Why Simple Investment Stats Don’t Give You Good Returns
If you’re investing in equities, you may be using various investment data software like Morningstar. The problem? Investment data often gets misused. This is because you may be looking at short-term stats and ratings from only the last 1-5 years. It takes a lot of effort looking at investment stats, but most people who do…
Read More5 Steps for You to Become Wealthy
One of the really cool things about my job is that I get to meet a lot of wealthy people. I get to see what kind of people they are and what their life is like. What I find really rewarding though is to take people whose lives are struggling or just regular income earners…
Read MoreSmith Manoeuvre – Is Your Mortgage Tax Deductible?
What is the Smith Manoeuvre and how do you do it the right way?The Smith Manoeuvre is a strategy where you borrow against your home to invest for your retirement. It converts your mortgage over time into a tax deductible credit line.To do it the right way, there are three key points:
Read MoreWhy You Need an Emergency Plan, Not an Emergency Fund (Moolala: Money Made Simple With Bruce Sellery) Sirius XM Radio Channel 167
You may have heard that you MUST have an Emergency Fund. And yet how many of you actually have one? I was recently interviewed about this topic on the Sirius XM Radio Channel 167, which is now out on the Moolala: Money Made Simple podcast with Bruce Sellery. As you know, I’m all about unconventional…
Read MoreTFSA or RRSP? Cutting through the Confusion (as seen on Money.ca)
Here is my article from Money.ca… When it comes to choosing between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP), there are plenty of details to keep you up at night. It’s important to look at the pros and cons of each plan, so you can develop a financial plan that’s…
Read MoreDividend Investing Is a Brain Fart
Dividend investing is a brain fart! The entire concept is your brain playing tricks on you. I know that thousands of people like dividend investing. In fact there are hundreds of blogs dedicated to it. Dividend investing may sound like a solid and steady way to invest. But it’s a brain fart! In my latest…
Read MoreWhat’s Important About Money to You?
Money: it impacts so many aspects of your life. How you handle it, save it, and spend it can say a lot about you. Ask yourself: “What’s important about money to me?” 1 Prefer an overview? Like videos? Like podcasts? Check out our whiteboard video, podcast episode, or read the full post below! I have…
Read MoreThe World is Getting Better All the Time
As we look forward to the holidays and 2024, one thing I know for sure is: “The World is Getting Better All the Time”. Every generation of young people thinks the world is getting worse, but the world is dramatically better in every important way than 100 years ago. For example, 170,000 people are lifted…
Read MoreSmall Print “Gotcha” in Credit Card Interest (Hint It Can Be 20,000%)!
You probably think credit card interest is pretty high. It can be far higher than you think! If you or your kids ever do not pay your credit card balances in full by the due date, this is the video to watch and podcast to listen to. Credit card debt is the single most common…
Read MoreWhy You Should Open an FHSA This Year
You should open up an FHSA Account this year! This is for you if you don’t own a home now or in the last four years and are age 18 – 71. You get contribution room starting the year you open your FHSA, but if you wait until next year you lose that room. The…
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