Posts Tagged ‘faith in investments’
Does Borrowing to Invest Make Sense with High Interest Rates?
Should you borrow to invest? With interest rising 4.5% recently, does it still make sense? Spoiled with low interest rates so low for many years, leverage seemed so obvious with a credit line at 3% and tax-deductible, while getting the growth of the stock market. As a fee-for-service financial planner, and an expert on the…
Read MoreHow to Easily Outperform Investment Advisors & Robo-Advisors
Investment advisors and robo-advisors have a massive disadvantage – they are short-term thinkers. You can easily outperform them by learning the skill of long-term thinking. Short-term thinking leads them to select suboptimal investments and focus on the wrong risk. You can clearly see this because nearly all investment advisors and robo-advisors do the “4 Performance…
Read MoreFinancial Post Article: B.C. couple has plenty of money, but even the wealthy need a coherent financial plan
A financial plan is really a life plan to think through what you want to do with your money and life. This is why the wealthy need a Financial Plan, just like everyone else. What lifestyle do they want to live and what do they want to do with their money? How comfortable of a…
Read MoreInvestment Risk That Affects Your Life vs Investment Industry Risk
Did you know that how you define risk can actually make or break your retirement? This video and podcast episode offers you a direct head-to-head comparison of two different outlooks on the world and on investment risk. Defining risk is critical to decide the best investment strategy for you. People with the right outlook on…
Read MoreBank Collapses for Dummies. Is Your Money Safe?
You may have heard in the news recently about the Silicon Valley Bank collapse. Here is a simple explanation with stories so anyone can understand why it collapsed. Could this happen to our Canadian banks? In my latest YouTube video and podcast episode, you’ll learn all about bank collapses and the best way to protect…
Read MoreFinancial Post Article: This couple wants to retire early, but are their government pensions enough?
The Financial Post recently asked me to review the finances of a couple that want to retire. They have a weekly Family Finance section where they ask financial planning experts. If you wonder about the benefits of having a Financial Plan, here is an example. What you will learn: CLICK THE LINK BELOW TO READ…
Read MoreHow to Design Your Retirement Income: An Overview
With so much advice on retirement, sometimes it’s hard to know what to do. How do you put all the details together to get the retirement income you want with the minimum lifetime tax? Quite a few people asked me questions about retirement income in response to my last video. In my latest video, you’re…
Read MoreSuperinvestors of Graham-and-Doddsville – Warren Buffett article 1984
This is a classic article written by Warren Buffett about a few of his value investing friends, all of which vastly outperformed the market as skilled investors. Superinvestors of Graham-and-Doddsville – Warren Buffet article 1984 A must read that can change your understanding of investing. Enjoy! Ed
Read MoreWhy You Need A Growth Mindset
If there is one video you should watch of mine – it’s this one. It is my underlying outlook on life and financial planning. This is the outlook that leads to financial success. In my latest YouTube video, you’ll learn about the differences between a fear-based mindset and a growth mindset, and how wealthy people…
Read MoreCreating the GPS to Financial Freedom (Video from “4 Pillars of Entrepreneurship Summit”)
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…
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