Build Wealth Canada Podcast - Personal Finance Mastery

Today we’re going to cover some of the top financial questions asked by Canadians, including the number one question, “Am I saving enough for retirement?”. The way we came up with these questions, is that as you may know, the fee-for-service financial planner that I use is John Kalos, and on my site, I have a […] The post Are You Saving Enough for Retirement? (And Other Top Questions) appeared first on Build Wealth Canada Personal Finance Blog.

In this episode, we talk about how we can set our investments up so that we can live off them in retirement (whether it’s a traditional retirement or early retirement). We also cover the important subject of how to stress-test our investment portfolio so that we can help ensure that we don’t run out of […] The post How to Live Off Your Investments and Stress Test Your Portfolio appeared first on Build Wealth Canada Personal Finance Blog.

Today we have insurance industry insider, Laura McKay on the show, who reveals some of the top tricks and tactics used in the insurance industry, to keep us overpaying.  She covers what to look out for, and what we can actually do on our end to make sure that we get the best rates possible, […] The post Insider Look At Top 7 Insurance Tricks That Keep You Overpaying appeared first on Build Wealth Canada Personal Finance Blog.

Our guest today is Jason Heath, CFP who has been providing fee-only, advice-only financial planning since 2001 and is one of Canada’s best-known fee-only financial planners. He is currently a personal finance columnist for the Financial Post, MoneySense and is also a regular contributor to RetireHappy.ca. I’ve been reading his insightful financial planning articles on MoneySense […] The post How to Create and Optimize Your Investment Portfolio (Pre and Post Retirement) appeared first on Build Wealth Canada Personal Finance Blog.

Today we have Meghan Chomut on the show who is a financial planner specializing in real estate for both your primary residence and rental properties. She has also personally done property flipping before so I thought it would be great to have her on the show to teach us some lessons and best practices that […] The post Buying a House, a Rental or Flipping Houses appeared first on Build Wealth Canada Personal Finance Blog.

Today we have Kristy and Bryce on the show who are Canada’s youngest retirees. Kristy retired at 31 while Bryce was 32, and today I pick their brains on how they pulled it off, how they invest, and how they structured their investment portfolio to ensure that they never run out of money. Listen to it on […] The post Canada’s Youngest Retirees – How They Did It: Kristy Shen and Bryce Leung appeared first on Build Wealth Canada Personal Finance Blog.

House hunting season has officially begun, so I thought it would be a good idea to have an insider from the mortgage industry on the show to learn some tops tips on getting the lowest possible mortgage rate, whether you are looking for a new mortgage, or have one that you’ll need to renew soon. […] The post How to get the lowest rate on your mortgage (new and renewing mortgages) appeared first on Build Wealth Canada Personal Finance Blog.

A common problem that holds some Canadians back from paying the lowest possible fees in investing by becoming a DIY (do-it-yourself) investor, is that it does take a bit of learning and practice. Also since we’re not taught this in school, it can be intimidating. Even those that aren’t intimidated by it can at times […] The post How to Automate Your Investing (without the giant fees) appeared first on Build Wealth Canada Personal Finance Blog.

Today I have the creator of the TFSA on the show who shares his best TFSA tips and strategies, while also discussing his initiative to enhance financial literacy in Canada. His name is Kevin McCarthy, and while working in Ottawa, Kevin was responsible for the financial literacy file for Minister Flaherty and helped launch the […] The post TFSA creator shares top saving & investing strategies, while promoting financial literacy for Canadians. appeared first on Build Wealth Canada Personal Finance Blog.

RRSP season is upon us (the last day is March 1) and to help you avoid the top RRSP mistakes that Canadians make, I’ve brought back the financial planner that my family and I use, John Kalos. We had a live webinar where we went over these top mistakes, and it gave everyone a chance […] The post Top 5 Costly RRSP Mistakes that Canadians Make (secrets from an ex-banker) appeared first on Build Wealth Canada Personal Finance Blog.

Today we have author and Canadian investor, Larry Bates on the show. Larry is the author of the book “Beat the Bank”, where he shows (specifically for Canadians), how you can build a larger retirement nest egg by switching from high cost mutual funds to more efficient, low-cost investment products. He also explains how you […] The post How to Beat the Bank (and Book Giveaway!) appeared first on Build Wealth Canada Personal Finance Blog.

This is part 2 of our episode on the only 4 ways to invest, where we discuss the pros and cons of each method, so that you can make an informed decision on the investing type that is best for you. Ultimately, this decision on which of the 4 ways you pick has an enormous […] The post Part 2: The Only 4 Ways to Invest & Their Pros and Cons appeared first on Build Wealth Canada Personal Finance Blog.

Today we’re going to cover the 4 ways that you can invest. Now why is this important? Well first, the benefit you gain from knowing this will differ depending on whether you’re an investor just getting started, or someone that’s already been investing for a while. If you’re a new investor, then it’s critical to […] The post The Only 4 Ways to Invest & Their Pros and Cons appeared first on Build Wealth Canada Personal Finance Blog.

Today I have Gene Simmons on the show, from the rock band KISS. While you probably first heard of Gene from his music, he’s also very involved in a multitude of investments and different business. With decades of experience under his belt, I thought it would be great to pick his brain on what drives […] The post Gene Simmons from KISS – A Rags-to-Riches Story appeared first on Build Wealth Canada Personal Finance Blog.

Canadian investors are having a pretty eventful time in the markets right now, as the legalization of marijuana is happening today as I record this episode. Also, let’s not forget the hit that the markets took last week. For a long time now we’ve seen very little volatility in the markets, and it’s been a […] The post Investing Tips – Market Declines and Marijuana Stocks appeared first on Build Wealth Canada Personal Finance Blog.

This is a special episode of the show as we are adding a new series of episodes specifically for investors. The show will continue to go on just like it has, but in addition to the types of episodes that you’re used to, I’m going to publish another new episode every month which will benefit […] The post Investing Tips – Market Update and Q&A – Episode 1 appeared first on Build Wealth Canada Personal Finance Blog.

Today’s guest is Alex Grodnik from Wall Street Oasis which easily one of the largest and best sites out there for anybody looking to have a career on Bay Street or Wall Street. They offer a ton of great resources for anybody looking to either start, or transition to a career in finance, and what’s […] The post Unhappy with your job? Career transitions and entrepreneurship appeared first on Build Wealth Canada Personal Finance Blog.

Today, we’re going to tackle the debate of whether you should focus on growth vs dividends when it comes to your investing. Dividends are of course very popular. Everybody likes having that passive cashflow show up in their accounts, but are we limiting our net worth if we focus too much on dividends, as opposed […] The post Dividend vs Growth Investing, Rising Interest Rates, Withdrawing From Your Portfolio appeared first on Build Wealth Canada Personal Finance Blog.

We hadn’t had an entrepreneurship/small business episode for a while so I thought it would be great to have the CEO of CanSpace on the show to share some best practices on running your own site, and top mistakes to avoid. This episode is for you if you already have, or are considering having your […] The post Having Your Own Business – Starting and Optimizing Your Site appeared first on Build Wealth Canada Personal Finance Blog.

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, […] The post Maximizing Cashflow and Growth Through Dividends appeared first on Build Wealth Canada Personal Finance Blog.