long term perspective Archives

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…

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?…

It’s back! Join me and 25+ top financial experts, journalists and bloggers for 3 days of online educational videos you can watch in your PJs. It’s 100% online so you can stream all the talks right from your computer/tablet/phone. The Summit is on September 26-28. You can get FREE tickets, a list of speakers, and…

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…

Of all types of investment income, you pay the lowest tax on deferred capital gains. Paying tax 20 years from now on a capital gain is much better than paying tax on a dividend or capital gain this year. How do you invest for deferred capital gains? In recent years, many investors have been…

Many people believe that growth of the value of their home has been phenomenal over the last few decades. The common belief is that growth is similar to the stock market and much less risky. Is this actually true? This is important, because believing a home is the best investment leads you to: Feel you…

why paying off student loans is the worst

Have you heard the story of the “Frustrated Student Loan Payer”? I have seen this story 100 times in real life. A smart kid goes to university and graduates with a large student loan. She spends several years working to pay off the loan. While paying off the loan: She delays becoming independent and stays…

Worried about debts? Do you know when or even if you can retire? Most Canadians do not feel secure financially because they look for security in all the wrong places. The conventional wisdom is to focus on paying off debts & buying “safe” investments, while not knowing if either of these strategies will pay off…