Could the financial strategies that appear flawless on paper be leading us astray in the real world? We're peeling back the layers of investment principles to reveal why some inefficiencies might just be your portfolio's best friends. Taking a page from Morgan Housel's "Same as Ever: A Guide to What Never Changes," we delve into the unexpected virtues of financial buffers and the fallacy that cost always equates to value. Discover how the pandemic's strain on just-in-time manufacturing shines a light on the need for slack in our systems, and why the presence of an emergency fund during economi ..read more

This week I'm joined by Mark McGrath as we dig into segregated funds. These investment vehicles blend mutual funds with insurance and offer unique guarantees but….. the benefits to investors are less clear.  We delve into fees, performance, guarantees and other pros and cons.  We also examine the human side, critiquing sales practices and exploring seg funds in estate planning.  Whether you're a seasoned investor or just starting out, this episode provides essential guidance for informed decision-making in the Canadian investment landscape. -- Why bother filing your taxes ..read more

The stock market has looked great recently! Is it time to take some money off the table? In this episode, I walk you through the considerations you need to make to decide whether it is time to sell or stay the course. -- Get Organized with my Full Financial Picture Spreadsheet Financial Foundations Course The Canadian Money Roadmap on YouTube Connect With Evan ..read more

In this week's episode we walk through the two phases of your RRSP: accumulation (RRSP) and spending (RRIF).  -- Get Organized with my Full Financial Picture Spreadsheet ($5) Financial Foundations Course ($99) The Canadian Money Roadmap on YouTube Connect With Evan ..read more

If you could split your income with your spouse, there is a pretty good chance you could drastically reduce your tax bill.  In this episode, I show you how that will be possible for you in your retirement years. -- Get Organized with my Full Financial Picture Spreadsheet ($5) Financial Foundations Course ($99) The Canadian Money Roadmap on YouTube Connect With Evan ..read more

This episode comes from The Canadian Money Roadmap YouTube channel from a video I posted on March 8 2024. If you want more content like what you find here on the podcast, the YouTube channel is the place for you!  Thanks for listening and watching as always. -- Get Organized with my Full Financial Picture Spreadsheet ($5) Financial Foundations Course ($99) The Canadian Money Roadmap on YouTube Connect With Evan ..read more

**I usually keep my episode descriptions pretty minimal but this AI generated description was too flavourful to keep to myself.  Enjoy.** Ever find yourself marveling at grandma's mouthwatering dishes, only to discover her "secret ingredient" was something quite unexpected? That's the essence of my snowy Saskatchewan weekend revelation: the culinary magic of MSG is akin to the world of factor investing—both can enhance the outcome in surprisingly simple ways. Hitch a ride with me, Evan Neufeld, as we stew over how a pinch of systematic factor investing can potentially spice up your portf ..read more

In this episode I will discuss the ideas of "safe" investments and how risk can be viewed differently depending on your perspective. -- Get Organized with my Full Financial Picture Spreadsheet ($5) Financial Foundations Course ($99) The Canadian Money Roadmap on YouTube Connect With Evan ..read more

In our conversation we discuss the concepts of the Financial Independence Retire Early (FIRE) movement.  If you're wanting to pursue FIRE for yourself, we go over a few challenges you might run into and things to consider before committing your lifestyle to this goal. Connect with Sam Lichtman, CFP® -- Get Organized with my Full Financial Picture Spreadsheet ($5) Financial Foundations Course ($99) The Canadian Money Roadmap on YouTube Connect With Evan ..read more

Unlock the full potential of your retirement savings with our latest episode, where we unravel  the power of spousal RRSPs.  As the RRSP deadline looms, we delve into strategies that not only prepare you for a stable retirement but also smartly align your savings with your current income bracket to maximize tax benefits. With an eye on the future, we discuss how adjusting your contributions can significantly reduce your taxable income now and how a spousal RRSP can be a game-changer for couples, particularly where one spouse earns a higher income. Our conversation extends beyond jus ..read more