Retirement Planning Wisdom Archives

The High Risk of Bonds https://maplemoney.com/podcast/high-risk-bonds/ I was recently interviewed by Tom Drake on The MapleMoney Show, the podcast that helps Canadians improve their personal finances to create lasting financial freedom. Most investors see bonds as a safe place to put their money, but conventional wisdom may be deceiving. Investing in bonds can actually put…

Hi. The online Canadian Financial Summit is coming really soon. As a reader of Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks, and all your friends if you forward these passes to them. I’ll be one of the speakers again this…

If pensions have you confused, this episode’s for you! I was interviewed on a fun podcast with Chrissy and Money Mechanic from Explore FI Canada answering questions from a listener named Kate about her pension. Kate asked her questions in an entertaining way that showed her frustration with not understanding her options. We discuss DC…

Excellent video that summarizes our practice. It’s worth your time to understand: The profound change in your life a Financial Plan can give you. How Unconventional Wisdom creates very different and far more effective advice for you. I was recently interviewed for the 4 Pillars of Entrepreneurship Summit, an online summit of entrepreneurs talking about…

Remember February 2009? Stock markets had fallen more than 40% over 6 months. What did investors do? They sold more stocks that month than any other in history – at the market low! It was followed by the longest bull market in history – 11 years and 2 days from March 10, 2009 till March…

I’m thrilled to have been interviewed for the 4 Pillars of Entrepreneurship Summit, an online summit of entrepreneurs talking about their experiences. Interesting video with my insights into “Creating the GPS to Financial Freedom”. The organizer is Annie Hardock, a woman who is passionate about helping entrepreneurs and those wanting to become an entrepreneur. She…

Did you ever get a raise, bonus or tax refund, and at the end of the year you have no idea where it went? “Lifestyle creep” happens to most of us. It’s so easy to add a bit to your lifestyle every year without even realizing it, especially if your income rises. Lifetsyle creep is…

You know the basics about the Smith Manoeuvre. It’s a big decision. Here is a discussion of the big issues. Listen to my new podcast with Sean Cooper from BurnYourMortgage.ca . Here is the link: How to Successfully Implement the Smith Manoeuvre with Ed Rempel We discuss: • Why should you consider the Smith Manoeuvre?…

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…

Very well-written and insightful interview and article on Tangerine.ca by Robin Taub. Worth reading. A couple quotes: “The key to minimizing taxes on retirement income is careful planning, and this normally starts years or even a decade or two before you retire.” “In retirement, your taxable income can be very different from the cash you…