Posts Tagged ‘faith in investments’
EntrepreneursBreak article: Ed Rempel on Why Free Markets and the Stock Market Build True Wealth
I was recently featured in EntrepreneursBreak discussing why I believe free markets and the stock market have been such powerful drivers of prosperity and long-term wealth. In the article, I look at: One thing I’ve seen repeatedly after looking at the complete finances of thousands of Canadians: people who build significant wealth usually own productive…
Read MoreNational Post article: Could an RRSP/RRIF meltdown reduce Liam’s GIS clawback without triggering a big tax bill?
Liam thinks he is in a 19% tax bracket. He isn’t. He is effectively in a 50% tax bracket because he pays 0% income tax, but loses 50% of additional taxable income through the GIS clawback. His situation is interesting because: In my latest article for the National Post, I look at why withdrawing more…
Read MoreShould You Pay Off Your Mortgage Early or Invest Instead?
For many Canadians, becoming mortgage-free as quickly as possible feels like an obvious financial goal. But I think there’s a more important question to ask first: Once your mortgage is paid off, what percentage of that former mortgage payment will you actually invest? I call this the 95% test. If you pay off your mortgage…
Read MoreiWatchMarkets article: Ed Rempel, CFP, Explains Why Self-Made Dividends Are Better Than Ordinary Dividends, In Every Way
Most investors think dividends are one of the safest and smartest ways to create retirement income. But are they really? Ordinary dividends have some significant drawbacks that are often overlooked: There’s another option: self-made dividends. Instead of relying on companies to decide when and how much income you receive, you create your own cash flow…
Read MoreWhy Economic Freedom and the Stock Market Make Us All Richer
As equity investors, we put our money into companies through the stock market because we believe in the power of innovation, competition, and long-term growth. But for the stock market to deliver strong returns over time, we need economic freedom and free enterprise. When people can freely start businesses, invest, trade, hire, and compete without…
Read MoreGet Financial Freedom Tips Article – Rethinking Retirement: Why Ed Rempel Backs a 100% Equity Strategy for Life
For decades, the bedrock of mainstream financial planning has been built on a comforting, two-part rule: diversify your wealth between stocks and bonds, and steadily shift toward the safety of fixed income as you grow older. But according to Toronto-based veteran tax accountant & fee-for-service financial planner, Ed Rempel, this time-honoured tradition might actually be…
Read MoreThe Smith Manoeuvre vs Cash Dam: How to Choose the Right Strategy and How Self-Employed Canadians Can Do Both
Can you use the Smith Manoeuvre and the Cash Dam together? Many Canadians have heard of the Smith Manoeuvre. Many are also self-employed and don’t realize they could be using the Cash Dam. How do they fit together in a real financial plan? I break down what each strategy is, why it works, when each…
Read MoreHow Interest Affects Your Money: Why Small Decisions Matter More Than You Think
When most people hear the word interest, they think of one thing: “Interest is bad.” Credit cards. Loans. Debt stress. But interest isn’t a financial villain — it’s just leverage. The reality of today’s world is simple: you cannot build a massive future entirely on pocket change. Whether it’s funding an education, buying a car…
Read MoreThe Financial Future Isn’t Broken—But It Is Optional
Is the financial system failing Gen Z, or does it just depend on whether we choose to participate? If you’re Gen Z in Canada, economic pessimism doesn’t feel like a dramatic overreaction. It feels entirely earned. Rent in Toronto and Vancouver borders on the absurd. Homeownership has taken on the status of a myth. Student…
Read MoreNational Post article: Does this 84-year-old suffer from the ‘Multimillionaire’s Dilemma?’
Louise (not her real name) has far more money than she is ever likely to spend. She has always invested in equities and is comfortable with them. However, now at age 84, she is wondering whether she should invest more conservatively. This is a case study about the “Multi-Millionaire’s Dilemma.” Louise says: “Many of my…
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