Build Wealth Canada Podcast

Today we're going to talk all about dividend investing for Canadians, including shedding some light on using dividend investing as part of your investing strategy. We'll take a look what to look for, and of course the different types of dividend investing available to Canadians. Now if you're a long time listener of the show, then you know that there are quite a few investing strategies out there....

Today I'm excited to have Edward Kholodenko on the show who is the CEO of Questrade. If you're a long time listener of the show then you know that I actually use Questrade to buy all my investments. So, when Questrade reached out to me about interviewing their CEO I thought it would be a great opportunity to ask him the questions that I have, and that I know a lot of the listeners have about their...

This is part 2 of the series on how to execute an early retirement, with financial planning veteran  John Kalos . In this episode, we use our financial plan as a case study so that you and other Canadians can get some insights on how to execute an early retirement. The goal is to give you a better understanding of what a financial plan should include, what it can do for you, and give you some insi...

In this episode, we use our financial plan as a case study so that you and other Canadians can get some insights on how to execute an early retirement. The goal is to give you a better understanding of what a financial plan should include, what it can do for you, and give you some insider tips from a real ex-banker on what to look out for when you encounter a financial planner or advisor trying to...

Today's guest has written over 1,000 financial plans for Canadians and is truly as experienced as it gets in this field. He has extensive knowledge on some of the higher impact investment strategies that can really help accelerate our returns such as the Smith Manoeuvre and how to use an RESP properly. We also cover how to structure your investment portfolio and what investments to buy. Links and...

Today I'm excited to have Mark Seed on the show, who runs the popular Canadian blog,  My Own Advisor . On the blog, Mark documents his journey and lessons learned as he invests towards achieving an early retirement, and works on growing his portfolio to 1 million dollars. What's very interesting about Mark, is that he is a hybrid investor meaning he doesn't just invest in one particular way (for e...

Today we're going to take a deep dive into the world of real estate, and we're going to approach it from 2 sides: First, we'll talk about real estate as an investment (i.e. If you've ever thought about investing in a property and renting it out). Now if you've listened to past episodes of the show, then you know that it can actually be really hard to get the numbers to work when buying a home and...

On this episode, we cover some of the top financial mistakes Canadians make, as well as common misconceptions that may be holding you back in accelerating your investments and net worth. Links and Resources: Top Tools and Resources for Financial Independence (for Canadians) : Sign up anywhere on www. BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to...

In this episode, we talk about what a robo advisor is, and how it can be a lot less expensive than the traditional approach of investing in high-fee, actively managed mutual funds. I find robo advisors to be the easiest way to invest in Canada, but this does result in higher fees than if you were to just buy the investments yourself (which is actually really easy).  I personally just buy the inves...

Today I'm excited to have Sean Cooper on the show. There's a good chance that you've already heard of Sean whether it's on the radio, TV, or the internet as Sean is the guy that bought his first house when he was just 27 and paid off his mortgage at 30 in 3 years. As you may know, my wife and I also paid off our mortgage early at the age of 28 and 29 (you can learn more about it by checking out pa...

Today we have Susan Daley on the show and we're going to talk all about early retirement, such us how to pull it off, what to look out for, and some of the most common mistakes that Canadians make when trying to plan this out. Susan is an Associate Portfolio Manager at  PWL Capital in Waterloo , where she provides financial planning and investment management services to a wide range of clients. Sh...

In this episode, we're going to continue covering the subject of "How to Not Run Out of Money in Retirement", specifically for Canadians. This is from a live webinar that I did for Canadian MoneySaver Magazine so in case you weren't able to make it, I wanted to provide you with as many tips as possible from that presentation in audio form. If you missed part 1 of the series, it's the episode right...

How Much Do You Need to Retire? No matter what age you are, chances are you've asked yourself this critical question at some point. The stakes are high, and there are no do-overs, so how can you best prepare yourself now to ensure that you have enough to live the lifestyle you want in retirement? Join me as I dive into the best practices and key factors to consider when figuring this out for yours...

Today we have a very special guest who has worked as an advisor for some of Canada's largest banks, giving him some great insider information on how we can all save money when dealing with the Banks.    His name is John Kalos and he is an unbiased, non-commission, fee-for-service financial planner. John is the financial planner that I used before executing our early retirement, and he offers all B...

In this episode, I've pulled together the newest numbers of what you can expect from your investments. These are based on historical returns using several different highly reputable sources that I personally use and trust. In other words, this isn't some subjective opinion of what one person thinks you'll get on your investments. Instead, it's actual data, studies, and reports that reputable sourc...

When it comes to the Build Wealth Canada show, there are 2 questions that I get asked more than any other. The first is how to actually buy ETFs, so how to actually be an index investor, what tools to use, which ETFs are great ones to consider, and how to actually do it step-by-step. So that's why I built the  course (to basically answer this question). If you're interested, you can check it out a...

Today I wanted to cover the subject of debt consolidation. What is it? Should you do it? and if so, then what are the options available to you? Links and Resources Top Tools and Resources for Financial Independence (for Canadians) : Sign up anywhere on www. BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in ou...

Questions Covered For those Canadians new to this type of investing style, can you explain what dividend investing is? When should someone consider doing dividend investing? (i.e. Is there a particular life stage when it's most appropriate?) Is there a type of person that is most suited for this type of investing? (ex. time commitment, personality, etc.) What are the pros and cons of this investin...

In this episode, I cover several mistakes and misconceptions that held me back from maximizing the growth of my investment portfolio.   By sharing my mistakes and what held me back, I hope that it will help you avoid these same mistakes. Fortunately, things still ended up great, although not perfect, and definitely not the most efficient in terms of net worth growth. These are the lessons about th...

This episode covers how to protect yourself from overpaying in hidden investment fees, and how to ensure that you are getting unbiased advice from your financial professionals.  Did you know that there is a lot of conflict-of-interest that exists with many of the financial advisors here in Canada. We also have one of the highest investment fees in the world.  While there are ways to bypass these f...

My guest today is Miranda Marquit who is at the top of the heap when it comes to being a freelance writer and professional blogger. She is the author of her book called Confessions of a Professional Blogger , and has basically achieved what many freelancers just starting off are hoping to achieve. I thought it would be great to get her on the show to give some advice to aspiring freelancers and bl...

Today I have Dragon's Den winner Lee Renshaw on the show, and we're going to talk all about tips and strategies that you can implement if you want to start your own business on-the-side here in Canada. One of the things I noticed based on the emails I received from listeners of the show, is that a lot of Build Wealth Canada listeners would actually like to start their own business on-the-side here...

Today I have author Valerie Rind on the show and we're going to talk all about how to avoid getting into difficult financial situations when it comes to friends and family. Valerie has interviewed a ton of people who have actually gone through these types of problems in their lives, and is going to share with us how we can avoid some of these catastrophic financial issues that can creep up when we...

This is part 2 of the interview with Peter. If you missed part 1, it's the episode right before this one. Episode Description: Today I'm thrilled to have Peter Hodson on the show who is the owner of 5i Research, the Canadian MoneySaver Magazine, and in his investment career, has managed over $1-billion dollars in assets. I've always wanted to have Peter on the show to pick his brain about investin...

Today I'm thrilled to have Peter Hodson on the show who is the owner of 5i Research, the Canadian MoneySaver Magazine, and in his investment career, has managed over $1-billion dollars in assets. He's also been called "The Warren Buffett of Canada" by the Globe and Mail. I've always wanted to have Peter on the show to pick his brain about investing best practices here in Canada, and see what he le...