Latest Rrsp Podcast Episodes
Andrew Hallam On Finding Balance with Your Money for a Successful Life
Real Money Talk - A fresh take on personal finance - January 28, 2022 18:26 - 59 minutesMillionaire Teacher, Andrew Hallam, sits down with Jon Vassallo, VP of Partnerships at Ratehub.ca, to discuss Andrew’s new book: Balance: How to Invest and Spend for Happiness, Health, and Wealth. The two discuss how to live a better life (money isn’t everything), how to align spending with val...
Efficient Markets - The Next Frontier
Efficient Markets - January 14, 2022 16:27 - 5 minutesWelcome to Efficient Markets! I'm making a special announcement on today's podcast. After a lot of thought, I have decided to continue Efficient Markets as a video podcast on YouTube going forward. A few factors in my decision were: 1) the positive feedback on video from clients and frien...
Co-Signing on a Child's Mortgage and Government Debt and Stock Returns
Efficient Markets - January 06, 2022 14:47 - 16 minutesToday we talk about what it means to co-sign on a child's mortgage. We look at the implications and the risks, and how to prepare if you decide to take this step. From there we look at a recent report from Dimensional Fund Advisors that looks at the relationship between government debt levels an...
Buying a House w Jessica Moorhouse | Millennial Money Expert
Real Money Talk - A fresh take on personal finance - December 29, 2021 22:59 - 1 hourAre you planning on buying a house in 2022? Is it a New Year's Resolution? Here's everything you need to know about buying a home from people that did it in 2021. Jessica Moorhouse is an award winning blogger, podcaster, and an accredited financial counsellor in Canada. Ratehub’s Director of ...
Home (insurance) For The Holidays w Morgan Roberts
Real Money Talk - A fresh take on personal finance - December 15, 2021 11:00 - 57 minutesFrom the BC floods to the Wet Bandits flooding the basements in Home Alone—how does your home insurance work with natural disasters and climate change? What risks does Christmas pose to your house? What happens if your gifts get stolen? What do you do in case of a break-in? Do you really have to...
Inflation - Canada from 1972 - 1982 and Lessons for Investors Today
Efficient Markets - December 02, 2021 17:10 - 18 minutesOn today's episode, I am going to spend some time talking about a topic that is on everyone's minds these days - Inflation. I am going to talk about the last time that we saw really high inflation in Canada, how various asset classes responded during those timeframes, what we can take away from ...
Get Lit: 10 Steps To Financial Security & Wellness
Real Money Talk - A fresh take on personal finance - November 12, 2021 11:00 - 15 minutesRamit Sethi, author of “ I will teach you to be rich” recently tweeted out: 3 signs someone is financially sophisticated. They know their numbers cold: Savings rates, asset allocation, debt payoff date, goals. Creative, even extravagant spending on the things they love. Not penny pinchers. ...
What does a $1M Retirement Look Like?
Efficient Markets - November 10, 2021 17:44 - 28 minutesWelcome back to Efficient Markets! When asked how much people need saved up to have a comfortable retirement, the answer will often come back - $1 Million Dollars. I thought it would be fun to test this out. In this episode I break down what a $1M retirement looks like. I also run through so...
Trillions by Robin Wigglesworth - Top 10 Takeaways
Efficient Markets - November 05, 2021 17:51 - 30 minutesWelcome back to Efficient Markets! On today's episode, I review the Top 10 takeaways book "Trillions" by Robin Wigglesworth. This is the first book I have come across that provides an in depth look at the history of the people and companies that started the index fund revolution. I hope you...
Cait Flanders | Urge To Splurge? How a year of less may be best for your finances
Real Money Talk - A fresh take on personal finance - October 29, 2021 10:00 - 1 hourWith vaccines rolling out for 5-11-year-olds, we may be nearing the end of the COVID pandemic. It’s been a time of juxtapositions. The burnout of finally being able to work from home, social distancing with your closest friends and family, and the great resignation from a tenured job – change...
Friends Don't Ask Friends to Be Executor
Efficient Markets - October 21, 2021 16:00 - 20 minutesAsking a close loved one or a friend to be your executor may seem like a nice thing to do. Even an honor, that you would trust that person to handle your affairs once you've passed away. Many people agree to be the executor for a family member or friend without thinking twice about it. But,...
How to get cheap car insurance
Real Money Talk - A fresh take on personal finance - October 15, 2021 10:00 - 8 minutesNot all car insurance is the same — car insurance quotes will vary by company, driver, car, and city. You need to research your situation to make sure you have the right coverage for yourself. We put together a list of how to get cheap car insurance now and in the future, whether you’re mid-p...
Digital Estate Planning
Efficient Markets - October 07, 2021 14:07 - 10 minutesOn today's episode, we talk about digital estate planning. More and more of our lives are online. Increasingly, our assets are in digital form. Think of your social media accounts, subscriptions, rewards points, and cloud storage services. Traditional estate plans cover things like bank an...
When Do I No Longer Need Life Insurance?
Efficient Markets - October 01, 2021 14:28 - 13 minutesWelcome back to Efficient Markets! Today, we talk about a question that I have gotten from a number of clients over the past few weeks. When do I no longer need life insurance? We talk about the role of life insurance, the different types of life insurance, what insurance is meant to do, ho...
Can your family afford to keep their cottage?
Stages | Simple advice to help you win financially - October 01, 2021 14:00 - 4 minutesThe cost of living in Canada is growing and one of the most drastic examples of this is property values. People are not only paying outside their price range on their homes, but also their cottages. It may be time to evaluate if your recreational property is worth the investment.
Pt. 2: How To Buy Stocks and ETFs on Questrade with Scarlett Swain, Director of investment products
Real Money Talk - A fresh take on personal finance - September 30, 2021 10:01 - 54 minutesPart 2 of 2 [0:00 - 1:36] Intro [1:37 - 4:10] What is a stock? What is an ETF? [4:11 - 4:51] How much is an ETF? What is MER? [4:52 - 5:49] What is a mutual fund? [5:50 - 6:15] What are underlying holdings? [6:16 - 7:00] What is a portfolio? [7:01 - 8:51] What is a globally div...
Pt.1: Scared To Invest? Questrade Walkthrough with Scarlett Swain, Director of Investment Products
Real Money Talk - A fresh take on personal finance - September 30, 2021 10:00 - 36 minutesPart 1 of 2 This is a Questrade Walkthrough for their sign-up process to answer any and all questions you encounter along the way. If you're scared to invest, we answer all your questions to settle your fears. Senior content strategist, Tyler Wade sits down with Questrade's director of inve...
Canadian Prime Ministers and Canadian Stock Returns, Intra-Year Declines, and the Behaviour Gap
Efficient Markets - September 23, 2021 13:36 - 14 minutesWelcome back to Efficient Markets! On today's episode we look at stock returns in Canada by Prime Minister going back to 1957. From there, we talk about intra-year declines and what they mean for full year stock returns. We finish with a discussion about the behaviour gap - which is the ...
5 Tips for Mortgage Renewal Time
Real Money Talk - A fresh take on personal finance - September 10, 2021 18:28 - 8 minutesUnless you have the cash to pay off your balance in your first mortgage term, you’re likely part of the 36.3% of Canadian homeowners who carry a mortgage and must renew it at the end of their term. 1. Consider your financial goals 2. Start to shop around early 3. Ask for a better mortgage ...
Home Country Bias - What Is It, and Why Does It Matter?
Efficient Markets - September 01, 2021 18:44 - 12 minutesWelcome back to Efficient Markets. On today's episode, we talk about home country bias. According to Statista.com - Canadian stocks make up 2.4% of the total global equity market capitalization. According to Vanguard, Canadians, on average, allocate about 56% of their equity portfolios to C...
Everyone should have multiple income sources
Stages | Simple advice to help you win financially - September 01, 2021 14:00 - 4 minutesThese days, with lifestyle expenses soaring, everyone should be creating multiple revenue streams. One income just doesn’t cut it any more. On top of your job, two more ways you can bring in money are developing a side hustle and creating a passive income strategy. Let me tell you about our team...
Wil Reynolds - The man who turned down $50 million
Real Money Talk - A fresh take on personal finance - August 27, 2021 10:00 - 1 hourWil Reynolds (seerinteractive.com) turned down $50 million dollars to buy his company. Why he did it is one of the most valuable lessons of personal finance you will ever hear. He had his number to walk away. He had the opportunity at life-changing money. He wrote “My house is enough, my...
Tapping into Home Equity to Fund Retirement
Efficient Markets - August 23, 2021 17:16 - 14 minutesOn today's show, we talk about tapping into home equity to fund retirement spending. I talk about some of the benefits and the potential drawbacks and pitfalls of tapping home equity to fund retirement. I finish off with some recommendations for retirees considering using home equity to fund ...
6 Keys to the Upper Reaches of Investing : Nick Murray
Efficient Markets - August 19, 2021 12:44 - 21 minutesWelcome back to Efficient Markets Nick Murray's writing has had a big impact on me and how I advise clients. Today I go through the 6 keys to the upper reaches of investing that Nick lays out in his book "Behavioural Investment Counselling". I believe that if an investor can get these 6 s...
Rent vs. Buy - Lifestyle, Math, and How to choose
Real Money Talk - A fresh take on personal finance - August 13, 2021 10:00 - 10 minutesBuying vs. Renting is an age-old debate. Our parents think it's a simple decision: Buy! Don't waste your money! It's a good investment! But that was 50 years ago when you could buy a house for a reasonable amount of money and pay it off. Here's a link to our blog: https://www.ratehub.ca/blog/...
What does financial planning looks like at different life stages?
Stages | Simple advice to help you win financially - August 03, 2021 13:00 - 5 minutesAs soon as you’re working, it’s a good time to launch some long-range money goals. At the beginning of your career, you might not have a lot of cash flow after the bills are paid ̶ but that will change. Your Carte Financial Advisor can show you how to prepare for your rising success.
Bridget Casey - Mindset|SelfWorth|Your First 100k
Real Money Talk - A fresh take on personal finance - July 30, 2021 10:00 - 1 hourBridget Casey talks about stagnant wages, gender pay gaps, wealth inequality, the immorality of billionaires, FIRE, Coast FIRE, and the importance of your first 100k (sixfigurestockportfolio.com and moneyaftergraduation.com) She’s brutally honest, vulnerable, and puts the cash in the Kardashians...
Episode 10 - The One About Insurance
Ryan and Adam Save the World - July 29, 2021 12:00 - 27 minutesWe call it the "Insurance Portfolio" Ryan and Adam have a discussion about some of the insurance options that are available in the Canadian market place. Life Insurance, Critical Illness Insurance, and Disability Insurance... what are they and how do they fit. How do we know how much to buy a...
The Value of Staying the Course
Efficient Markets - July 21, 2021 19:45 - 11 minutesThank you for tuning in. On today's episode I talk about the resent resurgence of the value factor. Being a value investor has been difficult over the past 10 years, especially in the US. But, the dramatic rebound in the value factor has given investors a nice "shot in the arm" and a reminde...
How to switch banks
Real Money Talk - A fresh take on personal finance - July 16, 2021 10:00 - 8 minutesConsider why you want to switch banks Assess your needs Open a new account Redirect automatic payments and deposits Begin using your new account Close your old account Compare chequing accounts:https://www.ratehub.ca/chequing-accounts Compare savings accounts: https://www.rat...