Many people today feel they have no choice but to be a tenant, however, what if you actually choose this?  You can choose to be a tenant forever and it can be a great life! I’m going to introduce you to the concept of “Tenant Freedom,” to show you how great of a life it can be. Watch my latest podcast episode to find out: Advantages & disadvantages of owning vs. renting your home What you need to buy a home. How to be much wealthier as a tenant. 5 steps to a great life with Tenant Freedom. What is the “Tenant’s RRSP”? Do tenants have a Smith Manoeuvre option? The growth ..read more

Gold goes down on inflation.  Why doesn’t the industry know this? This is one of the most common and wrong conventional wisdoms. The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value. The problem is – this isn’t true and hasn’t been true for decades. So why does the investment industry keep promoting this idea? In my latest podcast episode I give you details on why you may have been told to invest in Gold, and what I suggest instead. Listen to learn: How knowing about Gold can help with your investme ..read more

20 years ago I took the most fascinating investment course, and by far the most in-depth. The course made me a “Certified Hedge Fund Specialist” (CHFS). I loved it so much I received the top mark in Canada. From the course and meeting with hedge fund people, I’ve learned the ins and outs of the Hedge Fund World, which to many, seems like a secret club. In my latest podcast episode, you’ll get a sense of what this world is like, insight into the categories of hedge funds and major hedge fund stories in movies. Should you invest in a hedge fund? Listen to the podcast to find out: What is a hed ..read more

Do you own a business? If yes, then you’ll love my latest podcast episode. I cover the few things that you really need to know about corporations. You’ll learn: When should you incorporate. If you should get a holding company. Whether you should pay yourself a salary or dividend. Common mistakes by business owners. If you should invest in a corporation, RRSP or TFSA ..read more

The most common question I get asked about the Canada Pension Plan (CPP) is: “Is it smart to take my CPP early?” And what I say is - it depends, as the answer is contingent on five main factors. How long do you expect to live? How do you invest? What will inflation be?  Are you still working? When do you need the money? In my latest podcast episode I get into more details on how to think about these questions and I give you examples from client case studies. The answer is complex and CPP is only one piece of your retirement income. The best advice is to look at this as part of ..read more

What will it take for you to become financially free?  To have enough money that you never have to work again? This latest podcast episode is my insight into the few key ideas you really need to know.  It’s an overview to give you the big picture of what really works. Some of these ideas are not conventional wisdom. They are the ideas that give you results over time. I learned these 6 steps from working with more than 1,000 families to create detailed, personal plans for them to become financially independent.  I am also a fee-for-service financial planner, tax accountant and ex ..read more

It’s easy to outperform robo-advisors. Why? Because they don’t even try to outperform, they try for reasonable returns with less risk. You would think robo-advisors would just invest in a few broad indexes, but often they don’t. And they require you to invest in bonds no matter how high your risk tolerance. Robo-advisors are big investment companies, not financial planners. They’re more likely to lose a client because of a 30% one year decline, than 10 years of lagging the index, so they focus on market fluctuations and not your life goals.   This post is about performance. How to ge ..read more

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 I give my thoughts on why I believe now is a good time to buy. This episode was recorded in 2022, but the insights fully apply today. Listen to find out: Why all bear markets are buying opportunities. How to be a successful investor. My perspective on bear markets. The 3 secrets to successful investing. What type of stocks to buy before the market fully recovers.   ..read more

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 podcast episode, and what I recommend to my clients that want to save money on their car ..read more

In my latest podcast episode I take an unconventional look at dividend investing & how to make it perfect. The episode is a fact check of the advantages & disadvantages of dividend investing.  Then I show how to fix all the disadvantages, so you can do it right.  You may have already heard of dividend investing, as there are hundreds of blog posts about it and it’s something many investment advisors recommend as an alternative to bonds. In the FIRE community there are two camps - people who focus on index investing and those that focus on dividend investing. Find out how self ..read more