TK Dale Wealth Podcast

This is the one data point that is more important than the budget changes.Want to know more? Head over to TKDaleWealth.comAny security or portfolio mentioned are not recommendations, solicitations or financial advice. We do not provide tax or legal advice. This is provided for education purposes only. We recommend that you seek the help of a licensed professional prior to actin on any of this information. We do not warrant or guarantee that any forward looking statement will come true.Basically, this is just someone talking and take it at your own risk. We will not be held liable for any of its contents. Fact check all information in this episode yourself.

Is June a rate cut in June in Canada?I don't think it's a done deal.Did you hear about the Swiss National Bank?Did you hear about the Bank of Japan?This is what's happening around the world and as it relates to Canada.Want to know more? Head over to TKDaleWealth.comAny security or portfolio mentioned are not recommendations, solicitations or financial advice. We do not provide tax or legal advice. This is provided for education purposes only. We recommend that you seek the help of a licensed professional prior to actin on any of this information. We do not warrant or guarantee that any forward looking statement will come true.Basically, this is just someone talking and take it at your own risk. We will not be held liable for any of its contents. Fact check all information in this episode yourself.

Why are financial plans broken? Because the don't provide the next steps about how to improve and grow your wealth.Learn about and implement this new financial concept called the Financial Flywheel!Want to know more? Head over to TKDaleWealth.comAny security or portfolio mentioned are not recommendations, solicitations or financial advice. We do not provide tax or legal advice. This is provided for education purposes only. We recommend that you seek the help of a licensed professional prior to actin on any of this information. We do not warrant or guarantee that any forward looking statement will come true.Basically, this is just someone talking and take it at your own risk. We will not be held liable for any of its contents. Fact check all information in this episode yourself.

We had new job numbers come out. The number of jobs created, unemployment rate and wage growth was reported in Canada and the US.This is how we think about this data as it relates to managing investment portfolios.Want to know more? Head over to TKDaleWealth.comWant to know more? Head over to TKDaleWealth.comAny security or portfolio mentioned are not recommendations, solicitations or financial advice. We do not provide tax or legal advice. This is provided for education purposes only. We recommend that you seek the help of a licensed professional prior to actin on any of this information. We do not warrant or guarantee that any forward looking statement will come true.Basically, this is just someone talking and take it at your own risk. We will not be held liable for any of its contents. Fact check all information in this episode yourself.

We were having issues with the quality of the audio recording however rest assured that the content is quality. Inside this episode we talk about PMI - The purchasing managers index.Understand how we implement these data into our thinking and construction of portfolios.Want to know more? Head over to TKDaleWealth.comAny security or portfolio mentioned are not recommendations, solicitations or financial advice. We do not provide tax or legal advice. This is provided for education purposes only. We recommend that you seek the help of a licensed professional prior to actin on any of this information. We do not warrant or guarantee that any forward looking statement will come true.Basically, this is just someone talking and take it at your own risk. We will not be held liable for any of its contents. Fact check all information in this episode yourself.

Ever wonder how to increase wealth through making more money?This episode is focused exactly on that. What are some strategies to increase your pay at work, increase your network and overcome those hurdles to getting the best for you.We look a lot at why people will work so hard for their company's money but not as hard for their own.Plus, where is the loyalty really? Employer or employee?

100's of conversations over 20 years in my career I've seen a lot of financially successful individuals and households.The Financial Flywheel is the culmination of all the success breadcrumbs that I've seen.Join our weekly webinars on Thursdays at 12:15 EST for a quick lunch meeting and get back on your way.Sign up at tkdalewealth.com

Arizona is offering employees who were previously unemployed and who find a full time job $2,000 if they stay on the job for 10 weeks. SourceThis is one of the incentives to get people back to work while unemployment benefits are being closed.How does this effect inflation which effects interest rates which effect the stock market?Find out to see how the narrative is changing (or not) at central banks and a number of quotes from executive level management at publicly traded companies on inflation.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

This is the reason markets sold off in July. The markets were positive but volatile this month. Underneath the overall index, there were even more moves in individual sectors.Let's find out why.

In this episode, Trevor Dale, CEO of TK Dale Wealth, gives a quick market update followed by an in depth discussion on the affects of inflation across the 4 Pillars of Wealth and how to benefit from inflation.Find out more at tkdale.comIf you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

What is going on with inflation, global production and currencies? In this episode Trevor Dale discusses the debate that's happening among market participants and the media.Find out more at tkdale.comIf you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

In the March edition of The Monthly, Trevor Dale, CEO of TK Dale Wealth, looks at how COVID is affecting unemployment rates, supply influencers, and movements in the stock and bond market.Don't forget to subscribe, watch on YouTube or visit our website at tkdale.com

We've seen an abrupt rise in interest rates in the beginning of March.In this episode, Trevor Dale, CEO of TK Dale Wealth talks about the reason why rates are rising, the affect on different sectors and one reason that he believes will affect rates like they did in 2016.Don't forget to subscribe, watch on YouTube or visit our website at tkdale.com

This was a super fun Instagram Live with superstar realtor Gemma Leggett.We talk about what's changed about selling your house during COVID, what's stayed the same and how to drive value up when you're selling but also how to drive value down when you're buying.Want the inside scoop? Check out this video. Don't forget to hit the like button, leave a comment and SUBSCRIBE!!!Find out more about TK Dale Wealth at tkdale.comVideo of the interview is on YouTube here: https://youtu.be/Y40vLUJjmAg

We've had tremendous movement in the stock market this year. We've had a massive sell-off and an incredible recovery.In this podcast I talk about my market outlook, some economic developments and look at your wealth to see if it is in alignment with who you are.Find more podcasts at tkdale.com/podcast

Happy New Year, TK Dale Wealth listeners! A new year is always an exciting prospect, and this could not be more true after 2020, so how can you make 2021 your best year yet? In this podcast, I cover one of my favourite topics: goal setting. We talk about using the 4 Pillars of Wealth to focus your financial goals, using positive and negative reinforcement to motivate you, and setting small milestones to achieve big goals!To receive the digital assets discussed in the podcast, send me an email at info@tkdale.comLet's talk about how to achieve your financial goals for 2021, book a consultation call with me at tkdale.com!If you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

In this episode I go over some of the reasons for the strength in the November stock market as well as start along the path to understanding if you're wealthy.Find out more at tkdale.comIf you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

You've been growing your realty business, making good money, and bringing in new clients - you may be wondering: what's next for my business? If incorporating has ever come to mind, this is the podcast for you. In this episode, I go over the major considerations when deciding whether to incorporate and the team that you should assemble to ensure your success.Find out more at tkdale.comIf you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

This marks our 100th episode!!! October was an interesting month in the markets. It had a sharp rise followed by a sharp sell-off. It neared the U.S. presidential election and in this episode I talk about:Interest rates & your homeWhere's the jobs?US Election & stock market inflation???Covid-19 & stock market protecting your moneyFind out more at tkdale.comIf you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

This marks our 100th episode!!! October was an interesting month in the markets. It had a sharp rise followed by a sharp sell-off. It neared the U.S. presidential election and in this episode I talk about:Interest rates & your homeWhere's the jobs?US Election & stock market inflation???Covid-19 & stock market protecting your moneyFind out more at tkdale.com*Not intended as advice, for educational purposes only. Always seek the help of a licensed professional prior to acting on any of this information. Forward looking statements may not come true nor can we guarantee results.

This is a special episode of the TK Dale Wealth Podcast! I'll be speaking with Michael Damazo, a member of the US Navy and a content creator that focuses on achieving financial freedom. Michael went from having $50,000 of debt to $750,000 of net worth in only 10 YEARS. Once he took control of his own finances, he built up his platform on YouTube to help people in the same situation. We talk actionable steps to identify your biggest spending waste (buying coffee may not be your biggest problem, despite what finance articles suggest) and to become the leader in your own life.This episode is all about finding strategies that work for you and taking responsibility for the future you want to create. It was great sharing experiences with someone who has also been in the military and speaking to a leader that is constantly helping others. If you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.

As if 2020 couldn’t get any crazier. The world was basically shut down due to a global pandemic, kids worldwide not attending in-person school, a hot button US election with the chances of the incumbent president likely to reject the results if he loses, and now the US President contracts COVID-19 along with the First Lady and many of his closest advisors. All that and more, including their financial impacts, will be discussed in this episode, including: - Stock market movements for September - Disney recently laying off 28,000 furloughed employees - Probability of the survival of restaurantsShare this podcast with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher. If you're looking for more information, check out our website at tkdale.com and book a consultation!

A new school year starts up and change is in the air. In this podcast, I give an overview of the major market moves of August and how this will have an effect on September's economy. Key topics include how COVID-19 and school re-opening, and how retail sales are affecting the markets.If you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.

You may have heard of an all-in-one mortgage before and its ability to help you pay off your mortgage up to 15 years faster. While this sounds like a great plan, it isn't right for everyone, and it's important to understand how it is set up before you open this type of account.In this podcast, my Business Development Associate Niklas will be explaining the pros and cons of an all-in-one mortgage. If this sounds like the account fro you, book a consultation with me at tkdale.com.If you found this podcast interesting, share it with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.

COVID-19 has surprisingly been an incentive for many people to retire earlier than expected, but this raises an important question: what will happen to my benefits? This podcast explores avenues for if your benefits extend into retirement or if they end with your employment, and also discusses retirement planning and the Manulife FollowMe plan.Share this podcast with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more, book a consultation at tkdale.com

2020 has been flying by, and as we enter the second half of the year, this is a great time to review the systems that have and have not been working in your life. As a Family CFO, my guiding principle is to monitor your finances like a business would, and that is exactly what a personal financial audit entails.In this podcast, my summer intern Sabrina explains the key components of a financial system and how you can audit your own systems to optimize the rest of the year.Share this podcast with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.For help with setting up your financial systems, book a consultation at tkdale.com

Life is complicated and busy, but this is no reason for your finances to be pushed to the side. By creating a financial plan, uncertainty can be eliminated and you can take active steps towards your goals.In this podcast, my summer intern Sabrina talks about the benefits of creating a financial plan, both in the short and long term.Share this podcast with a friend and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more, book a consultation at tkdale.com

When looking at finances, it is so easy to get bogged down in the details and look at our lives in segments. We keep our savings separate from our checking account which is separate from our mortgage, but this actually prevents you from seeing your finances and financial plan holistically. Ultimately, this keeps you from getting ahead.In this podcast, I talk about the benefit of considering your finances like a business's general ledger and how to plan ahead for greater efficiency.Listen to this podcast and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more, book a consultation at tkdale.com

We've come to expect that paying down mortgages means also paying high interest fees - but it doesn't have to be this way. Traditional banking has all your bank accounts separated, creating a wide spread in the interest rates between savings accounts and loan accounts; it's no wonder we end up paying so much more. However, the All in One Bank Account puts all of your accounts together, keeping a competitive interest rate that lowers your mortgage faster and reduces your interest payments. In this podcast I talk about how an All in One mortgage operates to help you pay off your mortgage faster while still giving you financial freedom. Listen to this podcast and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more, book a consultation at tkdale.com

I've had clients come to me after a period of investing on their own, ready to make a change. Some are happy to pass over the role of portfolio manager to me, while others are still interested in managing parts of their investments.In this podcast, I talk about how to manage a co-advising relationship. Co-advising gives you the freedom to live your life, without worrying about the performance of your portfolio every day, while still controlling a small portion of your assets. I explore what these relationships look like and the freedom it gives investors in the smaller assets they continue to invest on their own.Listen to this podcast and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more go to tkdale.com

As parents, we want what's best for our kids: we hope they'll grow up to be responsible, happy, and successful adults. For that to happen, kids need to have good financial skills, or at least a strong basis - and that's where we, as parents, come in.A study by Cambridge University found that kids' spending habits are being formed by age 7, so there is no better time than the present to teach your kids financial literacy. In this podcast, my summer intern Sabrina presents 3 essential financial skills that will set kids up for success and how to teach them.

What is going on? The markets are ripping higher, the population is closing back down.What do the economics say? In this podcast I outline the positive and negative data and tell you my thoughts on the market going forward.As a bonus I talk about how today's valuations can actually be warranted and the factors that play into those.

We've all heard of the power of decluttering our spaces, but what about decluttering our financial statements and purchases? Financial minimalism means only spending on what truly brings you value to give you greater freedom in the future by saving.In this episode, my summer amazing intern Sabrina explains how financial minimalism works and how small changes can improve your financial future.You can pre-order an electronic copy of my new book "The Family CFO's Guide To Wealth Building" at TheFamilyCFO.ca

Trevor talks about some of the considerations for buying a cottage. What do you need to know in the buying stage with respect to permits and certificates?What's unique about getting a mortgage for the property?Tune in to find out more.

A CHIP Reverse mortgage is not for everyone. It is a perfect tool for some people though and most advisors should be aware of it so that should the situation arise.This is a very special episode with my summer student recording her first podcast!She did a great job in explaining how a CHIP reverse mortgage can be useful.Enjoy!

The FIRE movement seems a little extreme to me however what can I learn from it and can I implement some of those things in my life?I'm a married Canadian executive and I like to maintain a certain lifestyle. I'm not willing to sell my home and move my wife and two kids into a Tiny Home.In this episode I talk about my takeaways and things I can implement.Find out more at tkdale.com and socials are @tkdalewealth

I hope this podcast finds you in good health. In this month's newsletter I discuss:The social unrest in the USHow it affects the marketHow it affects the US electionsHow the US elections affect the marketsSector rotation occurring & the recent tradeTowards the end of the month I sold the Canadian utility ETF and bought an undervalued sector. Find out what I bought and why in this month's newsletter.Read the full article here: https://tkdale.com/articles

I hate budgeting. Well I hate the continual maintenance that comes with budgeting.The success I have with it is great but sometimes we all fall off the wagon.Know that you can jump back on at any time and there is no shame in that.In this episode I give you one thing to do and how to turn it into making a better financial profile.

Today I spotlight an ETF that gives US exposure but hedges out the currency risk. It has a low MER of 0.09% and is a Canadian legal entity.This is not intended as advice or a solicitation of the investment. You should seek the help of a licensed professional prior to investing.

These are the principals that I use to decide which debts to payoff first and keep a good credit score. It doesn't matter whether we are in Covid-19 times or not. Here's how I look at dealing with credit.tkdale.com

How do you actually select investments? Well there are a couple of ways to arrive at the conclusion as to whether it should be bought... or shorted.Two of them are Top Down and Bottom Up investing.Top Down investing is the process of looking at a rising tide raises all ships.Bottom Up investing is the process of looking at the individual company first and then looking at how it fits in with the economy.In this episode I go over the data that I look for as well as where you can find this information on the internet.Please like, subscribe and share. Remember you can always find more of what I do at tkdale.com

In the previous episode I talked about what the first thing I would do right now.That's separating my stock and bond exposure.The next thing I want to focus on is the assets themselves. The stocks and bonds. In this episode I give out some of the ETF's that I'm using and why I'm in those investments.Listen on Apple Podcasts, Google Play, Spotify and Stitcher.This is also available on YouTube.tkdale.com/podcast

If I'm going to bet on anyone, it's going to be me. I have the most control over my own outcomes.I can take a course, upgrade my skills, learn about marketing, sales, systems, family, relationships, fitness, nutrition.Learn anything but the point is to keep learning and growing always. Use these small stepping stones as points of success to build more success on.

Covid-19 aka Coronavirus has come and left a major impact on the world. The human and economic impact has been substantial.In this podcast and video I'm going to discuss what is the first thing I would do with my portfolio and how to make changes.In the next episode I will talk about where to invest and where I see the most opportunity: Pitfalls and PossibilitiesListen on Apple Podcasts, Google Play, Spotify and Stitcher.Also available on YouTube.tkdale.com/podcast

Have you considered changing HOW you live? The bigger house, the maintenance, the stress? Have you considered selling your luxury home and buying a luxury condo?With the proximity to the lifestyle you love and none of the maintenance it can be a beautiful move for many. I know people that have moved from having the house with the pool in Mississauga to a condo with a pool downtown Toronto. They were spending all their free time in the city at shows and events anyways so why not move closer to the things that they love?In this episode I talk about the lifestyle, financing and options for downsizing luxury homes.

In this episode I talk about the recent portfolio changes I made the week of February 24, 2020.I provide context around the thought framework, the news/data that I was seeing, the conclusion I made and the changes made in my client's portfolios.The article can be found in text at https://tkdale.com/2020/03/02/containment/Please subscribe on Apply Podcasts, Google Play, Spotify and Stitcher

Using debt to invest is often labelled as absolutely wrong for most people.I'll have you consider that likely your largest investment was done using large amounts of leverage.If you put $100,000 on a $700,000 house then you are 7 times leveraged.The reason that you are likely okay with this is because you won't be selling until the debt (mortgage) is paid off... likely in retirement.While I don't recommend borrowing to invest for many people I outline circumstances under which you may want to consider it.I also outline a method that seems less risky but still uses debt to invest and then using the income to pay down your mortgage.This podcast is 13 minutes long so be sure to subscribe on Google Play, Apple Podcast, Spotify and Stitcher.Of course you can always find us at http://tkdale.com/podcastEmail us if you have questions at info@tkdale.com

When is the right time to start investing in RRSP's?NOW.Make sure that you start the process immediately.If you don't have time and you're looking to invest DO THIS ONE THING TODAY:Send an email to your current advisor or an advisor that you would like to work with.Tell them1. I want to make an RRSP deposit.2. I don't have time today but can you contact me on X date to make arrangements?That's it. Be sure to start the process today.I go over the March 2, 2020 deadline to make a contribution for your 2019 taxes.I also talk about where to invest.This podcast is 7 minutes long so be sure to subscribe on Google Play, Apple Podcast, Spotify and Stitcher. Of course you can always find us at tkdale.com/podcastEmail us if you have questions at info@tkdale.com

As the new year is around the corner, I thought it would be helpful to talk about where I'm investing in 2020 and how I'm positioning my clients' portfolios.I thought it would be helpful to give:Two examples of investmentsEconomic rationaleExamining individual stocks vs diversified investmentsDifferent markets and countries for opportunities around the worldWhere I see things going in 2020 and beyondWe are more than 10 years into the current bull market and there have definitely been some excess buildups that have been created as a result of the ultra low and unprecedented interest rates.We have negative interest rates in some countries and in 2019 we even saw a negative interest rate mortgage being issued in Europe.While there are risks out there, I also see some very positive places to invest.Listen to this podcast and don't forget to subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.To learn more go to tkdale.com

Trevor, my mortgage is renewing, can you help me out?Sure, but most of the time I recommend that they renew with their current lender... only after going through the checklist and making sure that everything else is lined up.Here's 8 minutes on mortgage renewals and your options.Ask for your free consultation.Don't forget to check out tkdale.com/podcast and subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.Please also leave a rating, it means the world to me!

RRSP season is coming and YES, I'm earlier than everyone else. NOW is the time to start thinking about it. Actually all year long is.In this 15 minute episode I talk about contingency planning and how it factors into your RRSP investments.I also leave you with the single greatest factor in creating wealth.Don't forget to check out tkdale.com and subscribe on Apple Podcasts, Google Podcasts, Spotify and Stitcher.Please also leave a rating, it means the world to me!