YouTube
Monthly Fixed Pay ETFs & Funds Are a Brain Fart!
I talk with people all the time who have an ETF or mutual fund that pays a fixed monthly amount. In most cases, they misunderstand it. Most think they are receiving regular income—but chances are, it’s usually a brain fart. Many investors misunderstand how these monthly pay investments work. From covered call ETFs and dividend…
Read MoreRRSP/RRIF Meltdown Strategies
Ever wondered how you can get the money out of your RRSP with a minimum of tax? RRSP/RRIF Meltdown Strategies can allow you to withdraw from your RRSP or RRIF and have very little income show on your tax return. However, there are some tricky complications, and these strategies are not for everyone. In my…
Read MoreHow Did the Wealthy Get Wealthy? Can I Copy Them?
In a recent video, I talked about who the poor & wealthy are and how did they get there. Today, I’m diving deeper into one crucial aspect: how the wealthy became wealthy. Can their strategies work for you? Over the years, I’ve seen the full financial picture of thousands of Canadians and read countless studies…
Read MoreLifecycle Investing: The Ultimate Strategy for Younger People – An Example
I often get asked about Lifecycle Investing and how to implement it. If you’re under 40 and saving to achieve financial independence, this might be the most powerful strategy you’ll ever learn. Lifecycle Investing has proven itself consistently over the last 150 years, increasing portfolios at retirement by an average of 63%. It has worked…
Read MoreWho Are the Wealthy and How Did They Get Rich?
As a financial planner, I’ve had a unique view into the full financial picture of thousands of Canadians and have read countless studies. My experience spans clients of varying financial backgrounds, as well as countless conversations with readers of my blog, friends, and acquaintances. Although our clients may not represent the entire population—they tend to…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2024
The online Canadian Financial Summit is coming up the week of October 24-26. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. You can also…
Read MoreTax Brackets for Parents & Seniors Are Way Different Than You Think!
Tax brackets for parents and seniors are way different than you think. This might be a real eye opener for some people because I think a lot of people that do some basic tax planning are doing it all wrong. In my latest video and podcast episode I’m going to give you a tax planning…
Read MoreDo You Need Savings in Addition to a Government Pension Like OMERS?
When planning for retirement, many Canadians rely on a government pension like OMERS (Ontario Municipal Employees Retirement System) as their foundation. Do you need savings in addition to your government pension to maintain the lifestyle you want? A buddy called me from his car and said, “I’m driving. Will I get to my destination on…
Read MoreDividend Investing Perfected with Self-Made Dividends (Canadian Financial Summit 2023)
In the vast landscape of personal finance, dividend investing has carved out a significant niche. Whether you’re browsing through countless blogs or hearing investment advisors champion its benefits, it’s clear that dividend investing is a popular choice, especially with the FIRE (Financial Independence, Retire Early) community. However, a closer look reveals that almost all the…
Read MoreSmith Manoeuvre In A Financial Plan & The New OSFI Rules (Canadian Financial Summit 2023)
The Smith Manoeuvre is an efficient strategy to use your home equity to invest for your future without using your cash flow, while converting your mortgage into a tax-deductible debt. This method is known for its effectiveness in enhancing financial plans and can bridge the gap to achieving your retirement goals. New OSFI Mortgage Rules…
Read More