Podcast appearances and mentions of john de goey

Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call here.Are you making smart financial decisions—or just hopeful ones based on optimism bias?In this episode of the Canadian Wealth Secrets podcast, Kyle Pearce sits down with John De Goey—veteran Canadian portfolio manager and author of Bullshift—to uncover the subtle ways the Canadian financial services industry nudges you toward overconfidence and unrealistic expectations. With over 30 years in the Canadian financial industry, John reveals why many Canadians unknowingly rely on hope rather than strategy when it comes to investing and planning for retirement.Whether you're a high-income earner or business owner wondering if your savings strategy is enough, or someone approaching retirement unsure about your risk profile, this episode delivers clarity. John discusses the difference between risk tolerance and risk capacity, why your investing behavior in a market downturn matters more than you think, and how to avoid the trap of thinking "it won't happen to me." This conversation is especially relevant in today's uncertain Canadian financial markets, where realistic planning—not blind optimism—is your best ally.What you'll learn:Learn how to assess and adjust your financial risk based on your actual capacity, not just your comfort level.Discover why even the most well-written financial plans can fail without behavioral discipline.Get real numbers and strategies for RRSP, TFSA, and advanced savings when income exceeds contribution limits. 

In this episode of the AIA podcast, host Alex Perny welcomes John De Goey for a discussion on investment suitability. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@AdvantaIRA.com⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about our guest, John De Goey: https://www.linkedin.com/in/johndegoey/ Learn more about Advanta IRA: https://www.AdvantaIRA.com/ https://podcasters.spotify.com/pod/show/advanta-ira https://www.linkedin.com/company/Advanta-IRA/ https://twitter.com/AdvantaIRA https://www.facebook.com/AdvantaIRA/ https://www.instagram.com/AdvantaIRA/ The Alternative Investing Advantage is brought to you by Advanta IRA. Advanta IRA does not offer investment, tax, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. This includes any investments promoted or discussed during the podcast as neither Advanta IRA nor its employees, have reviewed or vetted any investments, persons, or companies that may discuss their services during this podcast.  All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) before entering into any type of investment.

keywordsfinancial advisory, optimism bias, investment strategies, client management, behavioral finance, financial literacy, risk management, technology in finance, market conditions, advisor-client relationshipsummaryIn this episode, host Sam Sivarajan interviews John De Goey, a wealth advisor and consumer advocate, discussing his journey in the financial advisory industry, the concept of optimism bias, and its implications for investors. They explore the role of financial advisors in managing client expectations, the importance of diversification, and the impact of technology on financial decision-making. John shares practical strategies for advisors to help clients navigate biases and make informed investment choices, emphasizing the need for critical thinking and evidence-based practices in the industry.takeawaysJohn De Goey's journey began in public service, leading to a career in financial advising.Optimism bias can lead investors to underestimate risks.Financial advisors must balance optimism with realistic expectations for clients.Expected returns for traditional investments are declining, necessitating new strategies.Diversification is crucial in managing risk in investment portfolios.Technology can enhance risk assessment and client suitability in financial advising.The financial advisory industry is slowly professionalizing, but challenges remain.Misguided beliefs among advisors can lead to poor investment decisions.Pre-commitment strategies can help clients stick to their investment plans.Continuous education in behavioral finance is essential for both advisors and clients.Sound Bites"I wanted to work in the public service.""Optimism bias is when people think bad things won't happen to them.""The less you touch it, the more it grows."Chapters00:00 Introduction to John De Goey and His Journey02:49 Understanding Optimism Bias in Investing06:03 The Role of Financial Advisors in Managing Biases08:56 Strategies for Managing Client Expectations12:01 The Impact of Market Conditions on Investment Strategies14:49 The Importance of Diversification and Risk Management18:05 The Role of Technology in Financial Advisory20:48 Challenges and Opportunities for Financial Advisors24:02 Practical Examples of Managing Optimism Bias27:03 Final Thoughts and Recommendations

Cash or Card? What you should use when travelling outside of Canada. Barry Choi, a personal finance and budget travel expert at moneywehave.com, takes us through the pros and cons.  Then, the case for financial advisors to have a hippocratic oath. John De Goey, portfolio manager with Design Securities LtdPlus, explains. And, a self-directed investing app from Mogo based on the principles of Warren Buffett called “Buffet Mode”. Mogo CEO and Co-Founder Dave Feller joins us to tell us how it works. Plus,  we'll speak with Zac Killam, CEO of FrontLobby about their credit-building rent reporting services. To find out more about the guests check out: Barry Choi: moneywehave.com | Instagram | X Zac Killam: frontlobby.com | X | Instagram John De Goey: X | LinkedIn Dave Feller: mogotrade.ca | X | Instagram | Facebook Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | X | Facebook | LinkedIn

John De Goey, Portfolio Manager and Investment Advisor at Designed Wealth Management joins us to discuss and explore the current investment landscape and the choices available to investors. He highlights the importance of managing risk and staying on the short end of the yield curve, for time being where fixed income is concerned. We also delve into the topics of optimism and pessimism, with a focus on the potential challenges and uncertainties in the market. We talk about the shifts in real estate markets, particularly the shift happening that's favouring the US Sun Belt, and the potential impact of climate change on investments. De Goey urges investors to be prepared and take proactive measures to balance risk in their portfolios. He also cautions against unrealistic expectations for future returns. Is your portfolio equipped to handle unknown variables and tail risks?Our chat wraps up with a nudge to uphold a diverse and balanced portfolio, mindful of the effects of surging interest rates. Remember, Balanced Asset Allocation and Balanced Funds are not the same - risk management is key. Unlike a traditional 60/40 'balanced fund', a balanced asset allocation approach ensures apt risk distribution.We explore the perils of unchecked optimism in the finance sector and how to construct a resilient, well-equipped portfolio. We ponder the withdrawal effects of quantitative easing and the necessity to confront market realities. We also investigate the financial industry's positivity bias and the knock-on effects of negativity.De Goey's "dumbest thing he's heard" takes a jab at data manipulation to bolster a narrative. We delve into the need to anticipate potential pitfalls and the importance of diversification as a safety net. Our dialogue concludes with a conversation about managing expectations, loss aversion, and the task of keeping clients invested for the long haul. Certainly, plenty to contemplate.TakeawaysStay on the short end of the yield curve for now, and manage risk in the current market.Be cautious of excessive optimism and be prepared for potential challenges and uncertainties.Consider investments in real estate, traditional inflation hedges, and diversified portfolios.Recognize the changing investment landscape and adjust expectations for future returns. Blind optimism in the financial industry can be dangerous, as it can lead to a lack of preparedness for potential risks.Quantitative easing has created withdrawal symptoms in the market, and it is important to face the reality of the current situation.The financial services industry has a commercial imperative to be optimistic, but it is crucial to consider both the positive and negative aspects of investing.Cherry-picking data to support a narrative is not a reliable approach, and it is important to consider the full picture.Proper diversification is like insurance for a portfolio, and it is essential to mitigate potential harm.Expectations management, loss aversion, and maintaining perspective are key in keeping clients invested for the long term.Timestamped Highlights:[00:00] Introduction[01:01] Investment Choices in the Current Market[03:31] Optimism and Pessimism[06:07] Shifts in Real Estate Markets[06:56] The Sun Belt and Financial Centers[08:20] Concerns and Pessimism[10:32] Preparing for Uncertain Times[16:06] Lowering Expectations for the Future[21:12] Balancing Climate Obligations and Economic Growth[26:04] Preparing for a Lower Standard of Living[31:05] The Danger of Optimism Bias[35:47] The Importance of Being Prepared[41:49] Diversification and Balance in Portfolios[46:16] The Impact of Rising Rates[48:40] The Danger of Blind Optimism[49:14] The Withdrawal Symptoms of Quantitative Easing[50:20] The Commercial Imperative of Optimism in the Financial Services Industry[51:18] The Cascading Effect of Pessimism in the Market[52:16] The Dumbest Thing Heard: Cherry-Picking Data to Support a Narrative[55:43] Listening for Quips and Side Comments in Financial Media[58:32] The Afterglow of Reaction to Bad Economic News[01:00:36] The Importance of Considering What Could Go Wrong[01:02:31] Optimism with Insurance: Proper Diversification[01:05:55] Expectations Management and Loss Aversion[01:07:29] The Challenge of Minimizing Losses and Maintaining Perspective[01:09:29] The Difficulty of Keeping Clients Invested for the Long Term[01:11:36] The Struggle of Getting Clients to Embrace Diversification[01:14:33] Differentiating Between Great Companies and Great Stocks[01:15:16] The Historical Perspective of Overvalued Markets[01:17:41] The Redistribution of Wealth During Flat Markets[01:20:55] The Need for Realism and Mitigating Potential Harm

Ellen Roseman speaks to John De Goey, Investment Advisor and author of his new book "Bullshift" about optimism bias that investors and advisors have and whether or not it introduces risk to our portfolios. 

Does your financial adviser tell you to hold onto your investments and never sell? Or that markets recover in the long run? Does your adviser always have an optimistic outlook? Portfolio manager and author John De Goey explores the hidden relationship between bias and financial markets in his new book, "Bullshift: How Optimism Bias Threatens Your Finances."See omnystudio.com/listener for privacy information.

John De Goey, Senior Investment Advisor and Portfolio Manager at Wellington-Altus Private Wealth joined us for this episode to discuss dangers of complacency arising from the industy's optimism bias, as well as numerous others, threaten to derail the best laid plans of investment and financial planning and the finances of everyday investors. Our conversation covers a range of topics, including John's career in finance, his latest book "Bullshift: How Optimism Bias Threatens Your Finances," and the importance of addressing biases in investing. We also discuss the challenges of introducing new ideas in the financial services industry, the importance of realistic financial planning assumptions, and the need to reassess one's investment strategy regularly. Among the ideas we emphasized here, was the importance of being 'prepared' for potential changes in the market, such as inflation, and building a more balanced portfolio that can withstand unexpected gyrations. Please enjoy our conversation, and thank you for tuning in. HIGHLIGHTSJohn De Goey's career path [00:01:37] John De Goey moved to finance after studying public administration, has written books and articles to help consumers understand the industry and have better relationships with advisors.[00:09:04] Advisors can provide value through behavioral coaching, which helps investors remain grounded and stay invested while being realistic.[00:19:58] Lower expected returns and longer life expectancies may require more savings and a longer working life to achieve desired retirement lifestyle.[00:26:00] 40-year bull market in bonds ended in 2022, rates to stay high, need to reassess investing strategies, widely anticipated recession.[00:40:21] Invest in products with reasonable, risk-adjusted returns and non-correlated weekly returns to maintain optimism for the long run.[00:45:14] Be prepared with two strategies, each less than 5% exposure; consider 15% allocation to alternatives, plan carefully to avoid large losses.[01:06:30] CAPE is not good for timing markets; past experience doesn't dictate future outcomes; risk of not paying attention to valuations.[01:13:18] Central banks need to fight inflation to pivot; pain must be manufactured before pivot is possible.[01:18:09] Investors may be taking on more risk than they think due to optimism bias and need to reassess, prepare for potential issues, and reflect on their portfolio.[01:20:41] Advisors must recognize and reflect on their own biases to give better advice.Where to find John De Goey:John De Goey on LinkedinJohn De Goey at Wellington-Altus Private WealthGet the book:Bullshift: How Optimism Bias Threatens Your FinancesWhere to find the RYA Crew:Rodrigo Gordillo on LinkedinReSolve Asset ManagementPierre Daillie on Linkedinhttps://AdvisorAnalyst.com

We talk to portfolio manager and author, John De Goey, about how bias is relevant when it comes to investing. John explores this idea in his book Bullshift: How Optimism Bias Threatens you Finances and he joins us now. You can connect with John on Twitter.

Kinless seniors face a host of logistical challenges, aging without family to help.  That includes how to manage their personal finances. Laura Tamblyn Watts joins us to talk about what you can do about it. And, a new way to reduce your credit card debt. Grant Donnelly, an assistant marketing professor at Ohio State University, tells us about ‘repayment-by-purchase'. Then, how a car accident can impact your insurance rates. Morgan Roberts from ratehub.ca shares what you need to know.  And, digital currency as allowance. Karen Holland from Gifting Sense tells us how this could impact how kids see the value of money. Plus, we'll talk to John De Goey about his book Bullshift: How Optimism Bias Threatens Your Finances. To find out more about the guests check out: John De Goey: Twitter Laura Tamblyn Watts: Twitter | Linkedin CanAge: Twitter Karen Holland: org | Twitter | Facebook Morgan Roberts: ca | Twitter | Facebook Grant Donnelly: osu.edu Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

John De Goey, senior investment advisor and portfolio manager at Wellington-Altus Private Wealth,, joins BNN Bloomberg for Market Call.

John De Goey, senior investment advisor, and portfolio manager at Wellington-Altus Private Wealth, joins BNN Bloomberg for Market Call.

Guest host Arlene Bynon talks to John De Goey (pronounced ‘De Goo-ie) wealth-management advisors and financial planner about going back to the office in Toronto's financial district, and the cost of Covid on the markets and questions about gains in overall wealth.   See omnystudio.com/listener for privacy information.

It’s one thing for the general public to misunderstand what financial advisors do or be mistaken about important principles of personal finance. But what about financial advisors? What myths and misconceptions do you believe that might be holding you back from giving your clients the best advice? That’s what today’s guest is here to talk about. John De Goey is a Portfolio Manager with Wellington-Altus Private Wealth. He has built a national reputation as a trusted authority on professional, transparent and evidence-based financial advice. He’s written for publications including Canadian MoneySaver, MoneySense and The Globe and Mail, and appeared on television programs like CBC’s MarketPlace, News World and BNN’s Market Call. He’s the author of The Professional Financial Advisor, now in its fourth edition, and STANDUP to the Financial Services Industry, released last year. In today’s episode, he’ll discuss misconceptions commonly held by financial advisors, why advisors might hold these misconceptions, and what you should believe instead. Listen in to hear more about John’s work, research and advice for advisors and investors. What You’ll Learn in This Episode: The unglamorous yet insightful reason behind John becoming an advisor (3:35) Common myths and misconceptions in financial advising (5:00) What advisors get wrong about cost (9:15) Why advisors ignore the evidence and recommend activities that don’t add value (18:20) The key beliefs advisors should focus on improving (26:35) Why investors will need to be part of the solution (21:55) Why the reason for advisors’ beliefs isn’t the most important question to explore (38:20) Links and Resources: Standup Advisors STANDUP to the Financial Services Industry: Protecting Yourself From Well-Intended But Oblivious Advisors Email John Quotes by John De Goey: “There are a lot of advisors that should be part of the solution, want to be part of the solution, but the really ugly secret that a lot of people in the industry don’t want to come to terms with is that there are many advisors that are themselves part of the problem.” “Any advisor who is worth his or her salt would do very well to understand that where the rubber hits the road is in the behaviour that they help to enforce or disabuse their clients of.&rdq

Leaving your nine to five job to pursue your dream. Deborah McGrath, Chief Marketing Officer at Echelon Wealth Partners, shares her tips for managing your money when you’re starting your own business. And, Castlemark’s Robyn Thompson joins us to talk about the seven deadly financial sins and how to remain virtuous. Then, an online resource for those looking to narrow the financial confidence gap. Kim Kukulowicz, Senior Vice President at Equitable Bank, tells us about “stnce”. Plus, John De Goey is here to explain the mission of the FP Canada Research Foundation.

John De Goey is back to talk about his new book, "STANDUP to the financial services industry: A practical guide for Canadians". He is a portfolio manager and Certified Financial Planner professional with Wellington-Altus Private Wealth in Toronto. You can learn more about John and his book at https://standup.today/

Episode Length: 18:13 Learn about: · The evolving role of the financial advisor · Changes to the wealth management industry · Rising popularity of ETFs · Current investor trends and socially responsible investing mandates · Current investment themes · Views on how age may play a factor to investment decisions · Predictions on the future of the Canadian ETF industry · Helpful tips for investors Keynote Speaker: John De Goey, Portfolio Manager, Wellington-Altus Private Wealth Inc. John is a portfolio manager at Wellington-Altus Private Wealth Inc. He is a Certified Financial Planner (CFP), Certified Investment Manager (CIM) and Fellow of the FPSC. John enjoys a national reputation as an authority on professional, transparent financial advice in Canada. He has been named one of Canada's Top 50 Advisors by Wealthy Professional Magazine twice and is the 2017 recipient of the Donald J. Johnston Award for lifetime contribution to financial planning. He is also the author of the Professional Financial Advisor Series of books. Hosted by: Raj Lala, President & CEO, Evolve ETFs Prior to founding Evolve ETFs, Mr. Lala served as Head of WisdomTree Canada – a division of WisdomTree Investments Inc., one of the world’s largest ETF issuers. Prior to this, Mr. Lala was Executive Vice President and Head of Retail Markets for Fiera Capital Corporation, a prominent Canadian investment management firm with over $100 billion in assets under management. Mr. Lala co-founded and served as President and CEO of Propel Capital Corporation (which was acquired by Fiera Capital Corporation in September 2014). Propel raised approximately $1 Billion in structured products in its five years of operation. Prior to Propel, Mr. Lala worked with Jovian Capital. Mr. Lala held several roles at Jovian including President of JovFunds Inc., an asset management division of Jovian Capital. Mr. Lala holds a Bachelor’s degree in Economics from the University of Toronto.

We talk to author John De Goey about his new book STANDUP to the Financial Services Industry: Protecting Yourself From Well-Intended But Oblivious Advisors and how we can keep financial advisors accountable for their mistakes.

What happens when you’re injured? Personal Injury lawyer Meghan M. Hull Jacquin is here to with some disability rights 101. Then, holding your financial advisor accountable. Author and advisor John De Goey joins us to tell us about his new book STANDUP to the Financial Services Industry: Protecting Yourself From Well-Intended But Oblivious Advisors. And, Canada’s cashless future. We talk to Equitable Bank’s CEO Andrew Moor about the benefits and drawbacks of going digital.  Plus, we talk to author Jennifer Buchanan about her new book Wellness Incorporated: The Health Entrepreneur’s Handbook.

In the seventh edition of the MoneySaver Podcast, we chat with John De Goey, Portfolio Manager, Author of four books, Canadian MoneySaver contributor and frequent Business News Network. We talk about embedded compensations, regulatory reform, ETFs and portfolio management. Getting to Know John De Goey: Questions Covered 1.28 What questions should ask when I am looking for in a good financial advisor? 6:22 What do you think about setting future expectations on portfolio performance based on past performance? 10:38 Do you think that a call from your manager/advisor is necessary when the market is down? 14:00 How did you get into industry? 16:09 You've written four books. What is your new book about? 22:25 What do you think the prospect are for getting rid of embedded compensation? 24:39 What do you think is behind the surge in ETFs? 29:18 How do you get the bulk of the financial money managers to accept ETFs? 33:49 How optimistic are you that some of these needed reforms will happen in the next three years? 35:24 What are your three best tips for consumers to manage their portfolios responsibly?

John De Goey is a portfolio manager at Industrial Alliance Securities. He’s also an author and a recognized Canadian authority on the subject of professional, transparent, and evidence-based financial advice. John has received numerous awards for his contributions to the financial planning field, including the Donald J. Johnston Lifetime Achievement Award. He’s also been named one of the top 50 advisors in Canada by Wealth Professional magazine. In today’s episode, John will be talking about the assumptions advisors need to make when developing financial projections. Tune in to the episode to hear what John has to say about the key assumptions an advisor needs to make before developing any financial projections and advisors’ biggest mistakes when making assumptions. John will also share some information about his upcoming book. Topics Discussed in this Episode: The key assumptions an advisor has to determine before developing any financial projections for their clients How to come up with reasonable assumptions about the rate of return The biggest mistakes that advisors make about assumptions How advisors can keep clients accountable How different expenses can change as clients age How taxes can affect the rate of return The difference between nominal rates of return and real rates of return The rates of return for income How it’s possible for the real rate of return on income to be negative How to approach adjusting long-term projections for different types of clients How to adjust long-term projections to meet the needs of clients with short-term needs John’s new book about the financial advisory industry, coming out in late 2018 Links: John De Goey John on Twitter Projection Assumption Guidelines The Professional Financial Advisor III: Putting Transparency and Integrity First Quotes From John: “The thing that I think is most important, and this is where the rubber hits the road, is the rate of return that you should be expecting when you actually do these projections.” “I don’t think it serves anyone&rsq

John De Goey, a portfolio manager with Industrial Alliance Securities, is back to talk about the latest edition of his book, The Professional Financial Advisor IV. Topics include: what to look for in a financial advisor, what questions to ask them, should commissions be embedded, and more.