The Canadian Money Roadmap
Evan Neufeld, CFP®
Categorias: Educación
Escuchar el último episodio:
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 economic highs could save you during the lows. Plus, we discuss the underrated advantages of investment advisors, challenging the penny-pinching mindset to embrace quality that pays off in the long run.
Then, we shift gears to a provocative study that upends conventional retirement planning wisdom—should you stockpile equities all the way to your golden years? We dissect the enticing, yet nerve-wracking notion of an all-equity portfolio and confront the harsh truths about our own risk tolerances and financial aspirations. It's not just about the potential gains; it's the psychological rollercoaster and the necessity for a tailored asset mix that fits like a glove. As I advocate for a well-rounded investment strategy, consider this your invitation to explore how aligning your portfolio with your personal narrative could be the smartest financial move you make. Join us as we navigate through the complexities of balancing risk and reward, and crafting a financial future that doesn't just look good on paper, but feels right in your gut.
Start the Find Your Focus Quiz to learn where you should be focusing your time and effort with your money.
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TAX CHANGES: Budget 2024
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Episodios anteriores
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138 - Inefficiency is your friend...sometimes. Wed, 24 Apr 2024
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137 - Understanding Segregated Funds with Mark McGrath Wed, 17 Apr 2024
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136 - Time to sell? What you should expect after a good run for stocks Wed, 10 Apr 2024
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135 - 3-7% Returns, TFSA Multi-Millionaires and What To Do Beyond $100,000 Wed, 03 Apr 2024
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134 - What happens to your RRSP after retirement? Wed, 27 Mar 2024
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133 - Income Splitting Strategies in Retirement Wed, 20 Mar 2024
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132 - Avoid These 6 TFSA Mistakes Wed, 13 Mar 2024
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131 - The Secret Ingredients of Stock Market Success Wed, 06 Mar 2024
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130 - Are ETF's safe? Wed, 28 Feb 2024
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129 - The FIRE Movement with Sam Lichtman Wed, 21 Feb 2024
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128 - Maximizing Retirement Savings and Tax Benefits with Spousal RRSP Strategies Wed, 14 Feb 2024
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127 - Mastering Tax Season: A Guide to Navigating the CRA My Account Wed, 07 Feb 2024
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126 - Building Stability With Variable Income | With Aravind Sithamparapillai Wed, 31 Jan 2024
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125 - Are stocks expensive? What should you do about it? Wed, 24 Jan 2024
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124 - Should you invest when stocks are at all time highs? Wed, 17 Jan 2024
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123 - My Financial Areas of Focus For 2024 Wed, 10 Jan 2024
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122 - Tax-Free Income for Families: Maximizing Your Canada Child Benefit Wed, 03 Jan 2024
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121 - Becoming a TFSA Millionaire: Creating Generational Wealth with a Small Monthly Investment (Replay) Wed, 27 Dec 2023
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120 - Dividend Investing: Busting Myths and Understanding Risks with Mark McGrath (Replay) Wed, 27 Dec 2023
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119 - Get on the same page: Communication, Collaboration, and Future Planning with your partner Wed, 20 Dec 2023
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118 - Inconvenient Truths about Investing Wed, 13 Dec 2023
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117 - Financial Strategies for the End of 2023 Wed, 06 Dec 2023
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116 - Quit Making These Investing Mistakes Wed, 29 Nov 2023
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115 - A gift for the person who has everything Wed, 22 Nov 2023
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114 - Understanding Your Money: Why Financial Literacy Is Actually Important Wed, 15 Nov 2023
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113 - The Money Topics You Need To Know Wed, 08 Nov 2023
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112 - Making a $187,000 TFSA Contribution Wed, 01 Nov 2023
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111 - Maximizing Your Canada Pension Plan (CPP) Benefits with Jason Yee Wed, 25 Oct 2023
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110 - Dealing with Job Loss, The Cost of Homeownership, "Bad" Investments, and Intro To The Enhanced CPP Wed, 18 Oct 2023
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109 - Managing and Transitioning Generational Wealth: Keys to Success with Steve Willems CFP® Wed, 11 Oct 2023
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108 - Exploring Retirement: Perceptions, Priorities, and Planning with Michelle Munro Wed, 04 Oct 2023
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107 - The Laws of Wealth with Dr. Daniel Crosby: Behavioural Finance and The Power of Rules-Based Investing Wed, 27 Sep 2023
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106 - My Money Philosophy Wed, 20 Sep 2023
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105 - Dividend Investing: Busting Myths and Understanding Risks with Mark McGrath Wed, 13 Sep 2023
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104 - Strategies to Improve Your Finances Today Wed, 06 Sep 2023
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103 - Tips For A Beginner Investor Wed, 30 Aug 2023
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102 - The Three-Account Cash Flow System for Financial Stability Wed, 23 Aug 2023
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101 - The Language of Money (For Canadians!) Tue, 15 Aug 2023
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100 - Your TFSA Questions Answered Wed, 09 Aug 2023
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99 - New and Noteworthy: YTD Stock Market Returns, Bad TikTok advice and Beyoncé causing inflation Wed, 02 Aug 2023
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98 - Discovering the Truth behind Investment Returns Wed, 26 Jul 2023
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97 - Becoming a TFSA Millionaire: Creating Generational Wealth with a Small Monthly Investment Wed, 19 Jul 2023
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96 - What's your net worth? Wed, 12 Jul 2023
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95 - Why you're trailing the market, credit card myths, comparing to others and lottery decisions Wed, 05 Jul 2023
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94 - The Power of Single Fund Strategies Wed, 28 Jun 2023
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93 - Expert Advice on Selecting the Best Financial Planner for Your Needs Wed, 21 Jun 2023
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92 - New and Noteworthy: Wildfire Impact, Interest Rates, Building Wealth In Canada and VC's Abandoning Crypto Wed, 14 Jun 2023
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91 - Unlock Your Financial Potential: Find Your Focus Scorecard Wed, 07 Jun 2023
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90 - Baseball, Emotions, and the Expectations of Investing Wed, 31 May 2023
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89 - Your Q's Answered: Portfolio Building, TFSAs, and Navigating Capital Gains Tax Wed, 24 May 2023