Unconventional Wisdom YouTube Channel

Welcome to the Unconventional Wisdom YouTube Page. The show about the most effective methods to achieve financial security & freedom. Find out what really works. Insights are based on in-depth experience - from a fee-for-service financial planner, tax accountant, Canada’s #1 financial planner blogger & your host, Ed Rempel.

This channel is about achieving financial freedom & security in real life. It’s often very different from what most people talk about. Few financial planners actually write detailed Financial Plans. I have written more than 1,000 professional, custom Financial Plans, and worked with many clients to achieve their life goals. You can listen to everyone else – and then come here to find out what works in real life. Unconventional wisdom – based on experience.

This channel has unconventional wisdom insights on many topics. Some of my favourite topics are:

  • How to set & achieve your financial goals and achieve what you really want in life.
  • FIRE – How to achieve financial independence & retire early.
  • The outlook & attitude you need for financial success.
  • Many topics on how you can minimize tax over your lifetime.
  • Effective strategies that can be a huge benefit for you, such as the Smith Manoeuvre, Rempel Maximum, Lifecycle Investing, RRSP Top-ups, RRSP Catch-up Strategy & the 8-year GIS Strategy.
  • How to set up a reliable retirement income with the least tax & most government benefits.
  • How to invest for returns above the indexes.
  • How to easily outperform investment advisors & robo-advisors.
  • Money myths that block your financial freedom.
  • Any interesting financial planning topic. I take requests.

Unconventional Wisdom YouTube Channel

Links:   

I plan to post one every Thursday. Be the first to hear my new Unconventional Wisdom posts. Subscribe to my blog, YouTube channel or podcast.

My videos are purely educational & the only source for most of this unconventional wisdom. Please help me get the message out:

  • Subscribe to my blog, YouTube channel & podcast. Get my new videos sent directly to your email.
  • Give the videos a like (“thumbs up”)!
  • Share my YouTube channel & episodes with your friends.

Next Step:

My services & costs:                              edrempel.com/help

Request a free 30-minute consultation:   edrempel.com/talk

Ask your question or feedback:               edrempel.com/feedback

See you next week!

How to Donate 10 Times More with the Donation Flow-Through Strategy

By Ed Rempel | July 6, 2023

Have you ever wondered how people donate millions to a charity, like to a large hospital, or have their name as a charitable foundation? Do they actually give away that much money? Or, do they have a method to do it?  The truth is – it’s often an effective tax plan that people use to donate 10 times more, and it’s called the Donation Flow-Through Strategy. In my latest YouTube video and podcast episode I’m going to teach you this strategy, so you too can become a philanthropist, without giving away a lot of money. Your charitable foundation can survive 100 years…

Read More

How To Own A Nice Car For Less

By Ed Rempel | July 4, 2023

How can you own a nice car for a lot less? Should you be impressed with someone that has a nice car? How do you measure the ownership cost of your car? What is a warranty worth? Should you lease or own? Can you save money on an electric car? How does your car fit in your life priorities? You’ll learn the answers to these questions in my latest video and podcast episode and what I recommend to my clients that want to save money on their car. Ed

Read More

Today’s Buying Opportunity For Stocks

By Ed Rempel | June 27, 2023

There’s a sale on stocks today – it’s a 10% sale! We have recovered about half of the decline from the bear market in 2022. What does that mean when it comes to buying stocks? In my latest podcast episode and YouTube video I give my thoughts on why I believe now is a good time to buy. Although recorded on July 7, 2022, these insights fully apply today. Listen to find out: I hope you enjoy it! Ed

Read More

The Ultimate Status Symbol & Making a Difference in the World

By Ed Rempel | June 22, 2023

In my latest YouTube video and podcast episode I talk about the ultimate status symbol and making a real difference in the world. That may sound like two completely different topics, but it’s actually one topic and I’m going to show you how to do both at the same time! Here’s what I cover: Each group has status symbols: Picture it: “Your name Charitable Foundation” contributing to the causes most important to you and surviving 100+ years after you are gone. Many people want to leave a legacy. If you have been following me & have a growth outlook, you may eventually…

Read More

How to Get Passive Income with Little or No Tax

By Ed Rempel | June 20, 2023

Can you really make money while you sleep with little or no tax? Covid changed most of our working habits, in that many people stayed home, while others felt the financial pinch of the pandemic. New paradigms arose, such as creating wealth, without work.  Passive income started becoming a conversation not just with people who invest, but with people thinking about retiring or who hadn’t even thought about making money this way before. In my latest YouTube video and podcast episode, I talk about all the ways to create passive income, and how to do it effectively & tax-efficiently. You’ll learn: I…

Read More

How To Be Smart With Your Money In Your 20s & 30s

By Ed Rempel | June 13, 2023

Want to teach your kids to be smart with their money? Then you’ll want to send them my latest video and podcast episode with an introduction into the world of finance. There are a million things to know. These are the few important ones, based on my Unconventional Wisdom. Whether you’re thinking about buying a car or a home, paying off student debt, or saving for retirement, there’s so many things in life to do with your money. My job is to help you think strategically about how to live your life (the way you want), while being able to invest for…

Read More

Are You Poor, Middle Class Or Wealthy?

By Ed Rempel | June 6, 2023

Are you poor, middle class or wealthy? After seeing the finances of thousands of people, I’ve noticed patterns to determine if someone is poor, middle class or wealthy. In my latest YouTube video and podcast episode you’ll learn where you fit along the spectrum of wealth, how each thinks and invests differently, and how you can become one of the wealthy! Here’s what I cover: I hope you enjoy it! Ed

Read More

Smith Manoeuvre AFTER You Retire

By Ed Rempel | May 30, 2023

What do you do with the Smith Manoeuvre AFTER you retire? My latest video and podcast episode is for you if you already know the basics of the Smith Manoeuvre. You have been doing this strategy for awhile, you’ve converted your mortgage to tax deductible, and you’re thinking about retiring. You’ve got a big investment portfolio and this tax deductible credit line, what do you do now? Discover 5 strategies that we suggest to our clients, and how you can implement them to your advantage! I hope you enjoy it! Ed

Read More

Is Typical Retirement Advice Good Advice?

By Ed Rempel | May 23, 2023

If you’re thinking of retiring or your parents or friends are retiring, beware of the typical advice you get. In my latest video and podcast episode, I talk about the 5 conventional wisdom rules of thumb for retirees. As the unconventional wisdom guy, I do the math for you to see whether they actually worked in history. Then I give you 7 new retirement rules of thumb (supported by history) that I advise my clients on. Watch and listen to find out: • How to manage your retirement income withdrawals.• Why the real issue is inflation, not stock market crashes.• Why learning…

Read More

Top 17 Investment Strategies – Do They Work?

By Ed Rempel | May 16, 2023

There are many strategies and styles of investing. How do you sort through it all to set yourself up for success with good long-term rates of return?  In this week’s video and podcast episode I cover the Top 17 Investment Strategies, their history, and whether or not they actually work.  Watch and listen to find out: I hope you enjoy it! Ed

Read More

How to Afford the Life You Want

By Ed Rempel | May 11, 2023

If you are worried about your finances & your future – you are not alone. Many people are worried about their finances. I receive daily notices from the “Free 30-Minute Consultation” form pouring out their life, what they are worried about & what they want. National Post family finances – I was interviewed for 6 recent articles about: Inflation. Life is more expensive. How can you afford the life you want? How to Afford the Life You Want: 1/ Start with why. What’s important about money to you? Most common answers: Freedom, security, self-confidence, independence. What is it for you? 2/ Clearly…

Read More

Smith Manoeuvre

By Ed Rempel | May 9, 2023

The Smith Manoeuvre – Is your mortgage tax deductible? The Smith Manoeuvre is an efficient strategy to use equity in your home to invest for your future without using your cash flow. It converts your mortgage over time into a tax deductible investment credit line. Most Canadians are searching for a feeling of financial security, but all the bills and life expenses mean they never build up enough of a nest egg to be secure. The Smith Manoeuvre is a strategy that can help you build your nest egg and make your retirement plan work. It is best to consider it as…

Read More

Top 10 Money Myths That Block Your Financial Freedom

By Ed Rempel | May 2, 2023

Top 10 Money Myths That Block Your Financial Freedom. This is one of my favourite topics. Most ideas that people believe about money are just not true or not optimal. My blog, Unconventional Wisdom, is about all the things I’ve learned over the years from my experience writing thousands of financial plans and reading hundreds of books. Mark Twain said it: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.“ In this week’s video I go in-depth on each myth and debunk them with facts about what works and what…

Read More

Rental Property vs Stock Market – What’s the Best Investment?

By Ed Rempel | April 27, 2023

From the eye of a growth investor, what is the best investment – a rental property or the stock market? We will discuss topics you won’t see anywhere else: Head to head: Returns on rental property vs. stock market. Saving tax on rentals with smart use of CCA & properly recording sale on your tax return. Effect of leverage on returns. It’s huge! Unconventional Wisdom insights. You will learn: Growth comparison: Stocks have 5 times higher growth than real estate since 1975. Good news for renters:  Investing only the 20% you would have put down on a home into the stock market…

Read More

Does Borrowing to Invest Make Sense with High Interest Rates?

By Ed Rempel | April 25, 2023

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 Smith Manoeuvre strategy and effective investing, my latest podcast episode will give you my insight. You’ll learn: I hope you enjoy it! Ed

Read More

How to Easily Outperform Investment Advisors & Robo-Advisors

By Ed Rempel | April 18, 2023

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 Drags” that drag down their long-term performance. Just avoid the “4 Performance Drags” and you can easily outperform them. How easily? It’s like a race from Halifax to Vancouver. All the investment advisors and robo-advisors take various combinations of flying, driving and biking for different parts of…

Read More

Investment Risk That Affects Your Life vs Investment Industry Risk

By Ed Rempel | April 13, 2023

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 risk retire comfortably, while others do not.  You’ll learn how to think about risk properly, so you can retire comfortably. This is a really important topic for you to understand and one I’m extremely passionate about. We care about our clients too much to kill their future…

Read More

LIT FIRE! Create Financial Independence & Retire Early with Lifecycle Investing

By Ed Rempel | April 11, 2023

You may have heard of FIRE, which is Financial Independence Retire Early, but how do you actually get there? How do you LIGHT your fire? You do it with Lifecycle Investing. It’s the #1 wealth-building strategy for young people to retire early. This investment strategy is based on a concept by two university professors who wrote the book of the same name. It has worked 100% of the time in the last 150 years and increased portfolios at retirement by an average of 63%. In my latest video and podcast episode I explain this strategy in detail, and how it can help…

Read More

Best Ways to Get a Bigger Tax Refund

By Ed Rempel | April 4, 2023

I was recently interviewed by Isabelle Docto from Daily Hive on the “Best Ways to Get a Bigger Tax Refund”. She asked two really interesting questions that didn’t make it into the interview, so I thought I’d answer them in this video and podcast. The questions are: Please check out the original article here: https://dailyhive.com/canada/best-ways-bigger-tax-return Watch the video and listen to the podcast episode to find out: I hope you enjoy it! Ed

Read More

Bank Collapses for Dummies. Is Your Money Safe?

By Ed Rempel | March 30, 2023

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 your money. I hope you enjoy it! Ed

Read More

The Unconventional Wisdom Podcast Is Here!

By Ed Rempel | March 23, 2023

Guess what?! I finally launched my podcast! It’s called – Unconventional Wisdom with Ed Rempel.  The show is about the most effective methods to achieve financial security & freedom.  Find out what really works. Insights are based on in-depth experience – from a fee-for-service financial planner, tax accountant, Canada’s #1 financial planner blogger & your host, Ed Rempel. In my latest YouTube video & podcast episode, you’ll learn all about the podcast and what you can expect when tuning in. I hope you enjoy it! Ed

Read More