Podcasts about tfsas

Steven Loewer, founder of Lion's Den Capital, joins Dave to share how he helps high-net-worth individuals and families invest in private mortgages that are backed by real estate. Learn how Steven carved out a niche in short-term, rural-market lending—where banks typically won't go—and built his business by connecting ready capital with borrowers who need flexible solutions fast. Steven explains why his firm works exclusively through mortgage brokers, the typical underwriting process they follow, and how his team evaluates risk and opportunity. He also dives into how Canadians can leverage self-directed RRSPs and TFSAs to grow wealth passively—without becoming a landlord. Whether you're a curious investor or a real estate pro looking for smarter financing options, Steven's insights are practical, actionable, and eye-opening. What You'll Learn in This Episode: How private mortgage investing works and who it's for The difference between first and second mortgages in private lending Why rural deals are a hidden opportunity What happens when a deal goes sideways—and how Lion's Den helps investors recover How to use registered funds (RRSP, TFSA) to earn tax-free returns   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

How To Live In 50 Different Countries While Investing - Brian Davis   This week's guest is Brian Davis, personal finance writer, investor and co-founder of SparkRental.com, a fractional real estate investment company. Over 2 decades in real estate and the finance industries, while also hosting the Live Off Rents podcast, he also contributes to Bigger Pockets. Starting out working for hard lenders, he saw how investment can build wealth and passive income, he started out buying rental properties. He now lives overseas by his own rules and shows others how to achieve this geographic freedom lifestyle, or design the life of their choosing. We talk about how he continues to invest while living in 50 different countries; lifestyle design and the expat life; contrarian money advice; living without a house or car payment; what are asymmetric investments, that have lower risk and higher returns; passive real estate investing; dollar cost averaging your real estate investments; and SO MUCH MORE!   Plus I share a tip to get you motivated this week!   Contact Brian   Web: http://sparkrental.com    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca   If you're look to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email hello@deep-pockets.ca    Please a leave a review, as it helps Gary understand if he's bringing on the right guests that you want to hear from!   WATCH the podcast! https://www.youtube.com/@gary.hibbert

oe Curry is a Certified Financial Planner and the founder of Retirement Planning Simplified. He is also the host of the Your Retirement Planning Simplified podcast, where he helps Canadians navigate the complexities of retirement with a focus on clarity, simplicity, and purpose-driven planning. Today he explains: Company stocks and pensions as sole retirement funds CPP and OAS, the GIS, RRSPs, TFSAs, RIFs and LIFs common retirement planning mistakes eliminating or reducing any threats to retirement the Retirement Navigator: goals… but values first transitioning from saving to spending the non-financial aspects of retirement Such great information and then Joe says all the right things about feeling comfortable with your retirement/financial planner. Listen now and then share this episode! Find Joe at https://www.retirementplanningsimplified.ca/ Learn more about Joe and find all his links at https://boomwithabang.com/the-boomer-womans-podcast-joseph-curry/  

In this episode of the Property Profits Podcast, Dave Dubeau chats with Neil D'Souza, a seasoned real estate pro with over two decades in the industry, now specializing in private lending (also known as hard money lending). Neil explains how private mortgages work, who they're for, and how you don't need deep pockets to get started. He shares real-world examples—including one with his own kids—and outlines the three key things to look at before lending: collateral, character, and credit. Whether you're a retiree looking for passive income, a new investor with a few thousand dollars, or someone curious about lending as a strategy, Neil has practical insights for you. You'll learn: How private mortgages differ from traditional bank financing Why investors choose private money (even with good credit) What a “syndicated mortgage” is and how it works Why lending in rural areas can offer better returns How to use RRSPs and TFSAs for private lending   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/

Justin and Markus tackle the proposed Canada First TFSA Top Up, along with a few other personal finance related election promises from both parties.Unfortunately, this was recorded just days before the "Canada Reinvestment Tax Cut" was proposed, which would have fit into this conversation nicely.Accompanying blog summary and discussed links can be found at www.muhs.ca/jsm304

Ever wonder how retirement income is taxed in Canada? We look at tax brackets, RRSPs, RRIFs, TFSAs, CPP, OAS, and pension income is crucial for optimizing your retirement tax strategy. They explain marginal vs. average tax rates, the impact of dividends and capital gains, and how to minimize OAS clawbacks. Tune in to learn how to reduce your lifetime tax bill and keep more of your savings working for you.  Read the full show notes and find more information here: EP 133 Show Notes

We unpack the power of Tax-Free Savings Accounts (TFSAs) as a game-changing tool for retirement income planning. Discover how TFSAs provide tax-free growth, flexible withdrawal management, and significant estate planning benefits. Learn why integrating TFSAs with RRIFs, CPP, OAS, and other income sources can minimize taxes, avoid OAS clawbacks, and optimize your retirement strategy. Tune in for actionable insights and real-life examples to maximize your TFSA and achieve tax-efficient retirement income!  Read the full show notes and find more information here: EP 130 Show Notes

This evening we look at the markets with Rand Swiss, the Gautrain Management Agency discusses disruptions caused by illegal borehole mining, Amplats's CEO unpacks its recent financial results. Herbert Smith Freehills joins us to discuss its recent mergers and acquisitions in Africa report, we speak to Recharged.co.za about transitioning to driving an electric vehicle, and to Fynbos Money on making the most of your tax-free savings account. SAfm Market Update - Podcasts and live stream

In this episode, Lawrence Greenberg and Jackson Matthews provide a comprehensive guide to the various types of investment accounts available to Canadians. From foundational accounts like TFSAs and RRSPs to specialized options like RESPs and RDSPs, the hosts outline how each account works, who they are best suited for, and common misconceptions. Whether you're saving for retirement, education, or your first home, this episode offers practical insights to maximize your financial strategy in 2025.Thank you for tuning in!Key Topics:Purpose of the episode: Navigating Canadian investment accounts. [00:01:00]Deep dive into Tax-Free Savings Account (TFSA). [00:01:47]Common misconceptions about TFSAs. [00:03:36]Registered Retirement Savings Plan (RRSP) basics. [00:04:32]Updates to the homebuyers' plan within RRSPs. [00:07:18]RRSP suitability for moderate to high-income earners. [00:09:05]Registered Education Savings Plan (RESP) explained. [00:10:05]Taxation on RESP withdrawals and planning tips. [00:12:33]Registered Disability Savings Plan (RDSP) overview. [00:14:07]Importance of RDSPs for qualifying individuals. [00:15:35]First Home Savings Account (FHSA) – a new tool for homebuyers. [00:16:05]FHSA eligibility and misconceptions. [00:18:35]Non-registered investment accounts and their tax implications. [00:20:05]Corporate investment accounts and holding companies. [00:22:10]Individual Pension Plan (IPP) for high-income earners. [00:23:02]Key takeaways and planning advice for the new year. [00:24:10]And much more!Mentioned in this Episode:Tulett, Matthews & AssociatesThanks for Listening!Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more!Follow The Empowered Investor on Facebook, LinkedIn, and Instagram.

It's a new year which can only mean one thing: Merry Debtmas!Todd and Clinton discuss the challenges of home ownership and financial planning in this time of rising costs and inflation. Clinton emphasizes the importance of financial literacy and planning, noting that 60% of Canadians are facing mortgage renewals with potentially strained finances. They highlight the necessity of having a fallback plan, such as savings, and the benefits of tools like the First Home Savings Account and TFSAs. The conversation also touches on the dream of home ownership, the impact of lifestyle choices on financial health, and the role of government policies in supporting home buyers.

Cutting The Red Tape: Top Challenges Landlords Are Facing Today - Kayla Andrade   At the beginning of the year my wife and I plan our goals for the year, and we've been doing this since 2009. I'm doing something different with the intro at the start of the year. A couple things I do which you can try is call clients or business partners while driving, and listen to podcasts. I also share the top 10 tips that had a huge influence on my life in 2024. Then we get into the conversation with Kayla, chatting about the LTB - the Landlord and Tenant Board. Is it working for us, are changes required, how are landlord and tenant issues handled elsewhere, and is the government planning changes to the LTB soon and MUCH more!    Contact Kayla Facebook Page: OntarioLandlordsWatch Facebook Group: 818378618219840 Instagram: ontlandlordswatch   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: WATCH the podcast! https://www.youtube.com/@gary.hibbert

Joe gives advanced strategies to optimize your Registered Retirement Income Fund (RRIF) withdrawals, focusing on minimizing taxes, avoiding OAS claw backs, and aligning withdrawals with your broader retirement income plan. Discover actionable tips on pension income splitting, using TFSAs to shelter withdrawals, and making early or strategic withdrawals to maximize tax efficiency. Joe also emphasizes the importance of aligning your RRIF strategy with personal goals, enjoying retirement savings, and adapting your plan over time for sustainable income and estate planning success. Read the full show notes and find more information here: EP 123 Show Notes

In this episode of Homeowner AF, I sit down with Scott McEachern, a Certified Financial Planner based in Barrie, Ontario. Scott specializes in helping families make smart financial decisions, from securing the right life insurance to planning for their biggest financial goals like becoming debt-free, saving for their kids' education, or buying their first home. Together, we dive into the First Home Savings Account (FHSA) — a game-changing tool for first-time homebuyers in Canada.What You'll Learn in This Episode:What is the FHSA?Scott breaks down how the FHSA compares to other popular savings options like RRSPs and TFSAs, explaining why it's a must-know for first-time homebuyers.Eligibility Criteria for the FHSA:We cover who qualifies as a "first-time homebuyer" and the steps to open this account.Where to Open an FHSA:Scott shares tips on where Canadians can access the FHSA — whether it's through the big five banks or alternative financial institutions.Contribution Limits and Carry-Forward Rules:Learn about the annual and lifetime contribution limits for the FHSA and how unused room can be carried forward.Tax Advantages of the FHSA:Scott explains how FHSA contributions impact your taxable income and how they can be used as tax deductions.Strategies for First-Time Homebuyers:Discover actionable tips to maximize your FHSA and reach your savings goals faster.Risks and Limitations:We discuss potential risks or limitations of investing within the FHSA compared to other accounts.What Happens If You Don't Buy a Home?Find out how unused FHSA funds can be transferred or repurposed without penalties.Connect with Scott McEachern:Instagram: @scmceachernWebsite: https://www.mceachernfinancial.ca/

Send us a textIn this episode of the Women's Wealth Canada Podcast, host Glory Gray shares her personal journey of planning early retirement for her husband, Squatch, using the same strategies she applies with her clients. From assessing household expenses to leveraging RRSPs and mindful saving, Glory breaks down the practical steps that made early retirement a reality.Then, she dives into the 10 Must-Know Answers to Your RRSP Questions, offering valuable insights on:What an RRSP is and how it works.How RRSPs help reduce taxes and build long-term wealth.Contribution limits, deadlines, and withdrawal rules.Special programs like the Home Buyers' Plan and Lifelong Learning Plan.The differences between RRSPs and TFSAs.Whether you're just starting your retirement savings journey or looking for ways to optimize your RRSP strategy, this episode is packed with actionable tips to help you take control of your financial future.Hosted by Glory GrayTake Action:Watch the webinar:

Are you leaving wealth-building opportunities on the table when designing your Canadian financial plan? Isn't this the question we constantly ask ourselves? Is it the question that keeps you up at night? What if you could turn your financial strategy into a money-making machine while protecting your legacy?In today's episode, we dive into a case study that speaks to a challenge many high-income earners face: how to efficiently grow and protect wealth while minimizing tax liabilities. For Canadians juggling multiple investments and wondering if they're leveraging their financial tools to their fullest potential, this discussion unpacks a unique solution—permanent life insurance with high early cash value.Whether you're navigating a mix of RRSPs, TFSAs, real estate, or equities, it's easy to overlook how a properly designed insurance policy can complement your portfolio. This episode explores a specific listener's financial situation to illustrate how this tool can act as a pass-through structure, unlock investment opportunities, and safeguard your legacy.Discover how to create a "life equity line of credit" that allows you to use your dollars in multiple places at once.Learn how a permanent life insurance policy can serve as a conservative fixed-income alternative in your portfolio for long-term stability.Explore how this strategy can manage future tax liabilities while ensuring a significant legacy for your family or causes you care about.Click play now to uncover whether this strategy could unlock hidden opportunities in your financial plan!Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Resources Canadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Are you maximizing your wealth-building potential or leaving money on the table? In this episode of Canadian Wealth Secrets, we dive into tax-efficient wealth strategies like permanent life insurance with high early cash value. Learn how tools like a life equity line of credit (LEELOC) can create opportunities for high-income earners, young families, and T4 employees to grow their financial freedom while preparing for future tax liabilities. Whether you're navigating the Smith maneuver or looking for alternatives to fixed-income portfolioReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In this episode of Your Retirement Planning Simplified, Joe Curry and Lindsay Wilson explore why good portfolio management can't compensate for bad financial planning, drawing insights from FP Canada's Financial Planning Conference and Benjamin Felix's investment lessons. They emphasize the importance of goal-oriented financial planning over stock-picking, highlighting Warren Buffett's advocacy for index investing as evidence. Key topics include tax-efficient strategies, retirement income styles, account optimization (RRSPs, TFSAs, CPP, OAS), and estate planning. Learn actionable steps to align your portfolio with your retirement goals and discover the RISA framework to better understand your income style.  Read the full show notes and find more information here: Ep 117 Show Notes    

Watch this episode on YouTubeIn this episode of the Canadian Money Roadmap Podcast, we delve into the many benefits of Tax-Free Savings Accounts (TFSAs) for retirement income, covering one-time expenses, and leaving a tax-free legacy for your family. Discover how TFSAs can provide tax-free retirement income, offer flexibility for large expenses, and simplify your estate planning. Don't miss this eye-opening discussion that could change how you think about your retirement strategy.00:00 Introduction to TFSA for Retirement00:41 TFSA vs. RRSP: Understanding the Differences01:50 Using TFSA for Regular Monthly Income03:40 Withholding Taxes: A Deep Dive06:23 Systematic Withdrawal Plans (SWPs)08:02 Covering One-Time Expenses with TFSA12:34 TFSA for Estate Planning and Legacy16:45 Conclusion and RecapFinancial Foundations CourseInvest With EvanFinancial Foundations Course - Save 25% with code PODCAST25Full Financial Picture Spreadsheet

Unlock Hidden Wealth in Your Business: Overcome Financial Anxiety with Expert Michael Baker | Top Dog Tips Are you a business owner struggling with financial anxiety and uncertainty about your future? In this episode, we sit down with Michael Baker, a seasoned Chartered Accountant with over 25 years of experience, to uncover your business's hidden wealth and discuss how to navigate common financial blind spots. As the author of "Financial Blind Spots: Insider Secrets to Discovering Financial Freedom," Michael shares expert insights and actionable strategies for business owners looking to secure their financial future. What You'll Learn: Financial Blind Spots: Understanding the transition from company-sponsored pension plans to RRSPs and TFSAs, and why this shift can create confusion and anxiety in financial planning. Case Study: How Michael helped a business owner in Calgary overcome financial challenges and prepare for a successful 10x exit. Business Challenges: The unique struggles business owners face today, including workforce issues, rising taxes, and operational costs—and how to overcome them. Actionable Financial Tips: Asking the right questions and finding a tailored financial plan are essential for your business. The Role of Insurance: Properly structured insurance can be a powerful tool in your financial plan. Planning for Your Future: Learn how to define "enough" for your ideal lifestyle and retirement. Why Watch This Podcast? Michael Baker breaks down complex financial concepts into easy-to-understand advice for business owners like you. Learn how to navigate hidden fees, avoid one-size-fits-all solutions, and build a strategy that aligns with your long-term goals. Key Questions Answered in This Episode: - How can you uncover hidden financial wealth in your business? - What are the key financial blind spots that business owners overlook? - How can you navigate your business's financial planning challenges and complexities? - Why is it important to work with a financial advisor who tailors their approach to your unique needs? Connect with Michael Baker and Baker Wealth: - Schedule your free Financial Blind Spot Assessment at BakerWealth.ca - Purchase the book "Financial Blind Spots" on Amazon or at financialblindspotbook.com - Follow Michael on social media for more financial tips! #FinancialPlanning #BusinessWealth #MichaelBaker #BakerWealth #FinancialFreedom #FinancialAdvisor #Entrepreneurship #BusinessOwner #FinancialBlindSpots #LongTermPlanning #RetirementPlanning

In this value-packed episode, we pull back the curtain on how to legally raise money for your real estate ventures and avoid common pitfalls that can get you into serious trouble.

When planning for retirement, many Canadians rely on a government pension like OMERS (Ontario Municipal Employees Retirement System) as their foundation.  Do you need savings in addition to your government pension to maintain the lifestyle you want? A buddy called me from his car and said, “I'm driving. Will I get to my destination on time?” I asked, “Where are you going and where are you now?” It's the same with the question of whether retiring with just your pension is enough. Well it depends on your lifestyle, your goals, and whether you want the freedom to enjoy big-ticket items, like vacations or regular nice dinners. The answer depends on your vision of retirement. If your goal is to replace 70-80% of your working income, you'll need to fill the gap between your pension and that target with personal investments like RRSPs, TFSAs, or non-registered savings. In my latest podcast episode, you'll see examples of people with different investment setups to help you discover what's right for you. You'll learn: What is the formula to know how much your government pension will be? What is the rule of thumb for your pension with 30 years service? How much do you need to retire with the lifestyle you want? 10 examples of a retirement plan with a full pension. Do you need to invest more conservatively after you retire? How does a Financial Plan become the GPS for your life?  

Welcome to the Santam Insure Your Future Money Bootcamp with Maya Fisher-French and Mapalo Makhu. This series is designed to guide you through essential financial topics, helping you make informed decisions for a secure future.  Last episode we focused on saving for shorter-term goals, but what about those medium to longer-term goals like your child's tertiary education in ten years or time, or leaving your child a legacy? Maybe you want to start your own business one day? How do you start? The episode begins with the importance of setting clear and achievable financial goals, providing a practical example of calculating future education costs, illustrating how inflation can significantly impact the amount you need to save. One of the key takeaways is the distinction between interest and growth. While interest is a guaranteed return from a bank, growth involves investing in assets that increase in value over time. They highlight the benefits of investing in unit trusts and exchange-traded funds (ETFs) as effective ways to achieve capital growth. A significant portion of the episode is dedicated to the advantages of tax-free savings accounts (TFSAs). Introduced in 2015, TFSAs offer a tax-efficient way to save and invest. Maya and Mapalo explain how TFSAs can be used for various financial goals, including saving for your child's education and supplementing your retirement fund. They stress the importance of viewing TFSAs as long-term investment vehicles rather than regular savings accounts. The hosts also explore the opportunities and benefits of investing offshore. They discuss how local funds can invest on your behalf overseas, providing exposure to global markets. For those looking to build assets outside South Africa, they recommend starting with local companies that offer offshore investment products. Maya and Mapalo caution against the use of endowment products for education savings. They argue that these products often come with high fees and tax implications that may not be beneficial for most investors. Instead, they advocate for simple, low-cost investment options like TFSAs and unit trusts. Join Maya and Mapalo for an enlightening discussion that will help you secure your financial future.

Are Tax Changes Crushing Small Business & RE Investors w/Fabio Campanella #270   Fabio Campanella from the Campanella Group, my personal accountant since Day 1 of my investment journey is back on the show to talk about tax changes made by the Liberal government, that have had a significant effect on not only for small businesses, but the middle class; we dive deep into the capital gains tax, and what exactly is being taxed - small businesses, real estate, stocks, etc; the difference between personal and corporate taxation; the difference between your primary residence and your secondary residence such as a cottage; the UHT - Underused Housing Tax; why estate planning and life insurance are more important than ever; and MORE!   And I share a tip to improve your own earning power!   Contact: Web: https://campanellagroup.com/about/ Insta: https://www.instagram.com/fab.campanella/   his episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: Gary's mentorship program visit https://garyhibbert.ca  

This interview is based on Fikile Mbhokota's recent article, titled, “The Present Trap: Why Short-Term Thinking Hurts Long-Term Financial Health” and Duma Mxenge's article on Tax-Free Savings Accounts, titled, “Unlocking the true value of TFSAs for South Africans.”  Fikile and Duma will show how investing is for everyone and that it should be top of mind for all, and they will also discuss how to overcome biases people may have when it comes to investing.See omnystudio.com/listener for privacy information.

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are pulling back the curtain on 10 myths that you've been told by your financial advisor! You'll be surprised with some of these and we've gone over a few in past episodes but some of the myths include average rate of return vs. actual rate of return, having emergency an fund in the form of cash, as well as retiring in a lower tax bracket. If you feel like you're not getting all the information you need, it's time to tune in! Show notes: 00:00 - Introduction 1:55 - RRSP myth 3:20 - Average rate of return myth 7:00 - Accumulation myth 9:25 - Buying cheap term insurance and invest the difference myth 12:05 - Retiring in a lower tax bracket myth 13:55 - Business owners and real estate investors should max out their RRSPs myth 15:30 - Having an emergency account in cash myth 17:50 - High risks for high returns myth 20:00 - Maxing out RRSPs and TFSAs myth 22:25 - Financial advisors being an expert on everything myth FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

Which account should you choose, a registered retirement savings plan (RRSP) or a Tax-free savings account (TFSA)? This is one of the most common decisions that Canadians must make when it comes to investing, but it will also elicit some of the most passionate responses. RRSPs especially get a lot of undue skepticism, with some even labelling it as a scam. Today we take a deep dive into both of these savings accounts, exploring the downsides and benefits of each, and how to decide which account is right for you based on your savings goals. With the help of Conquest Planning, a specialized, in-depth modelling tool, we look at a range of scenarios incorporating different variables, like income and family size, and break down our analysis regarding the RRSP vs. TFSA decision for each scenario. We discuss key factors to consider, including the basic personal amount tax credit, which allows RRSPs to act as a tax flow-through, and the guaranteed income supplement (GIS), which can impact retirement planning. Our conversation also examines how to approach family size and longevity, as RRSPs become more advantageous with longer lifespans. Join us today to learn about the benefits and flexibility of each of these accounts, the surprising ways RRSPs often outperform TFSAs, and find out which one is right for you! Key Points From This Episode:   (0:00:20) An introduction to the RRSP vs. TFSA debate. (0:08:11) How we used the Conquest Planning tool and the scenarios we analyzed. (0:10:34) Taxation and contribution considerations and strategies for RRSPs and TFSAs. (0:20:11) An analysis of scenario one; $60,000 income and no children. (0:22:38) Basic personal amount tax credit; how it allows RRSPs to act as a tax flow-through. (0:27:20) The Guaranteed Income Supplement (GIS) and its impact on RRSP vs. TFSA analysis in different scenarios. (0:36:16) How GIS is tied to Old Age Security (OAS) payments. (0:41:12) An analysis of scenario two; a couple with two children, and the impact of the Canada Child Benefit on RRSP vs. TFSA contributions. (0:45:21) The impact of mortality and longevity on RRSP and TFSA in various scenarios. (0:47:01) Main takeaways from today's scenarios and the advice our hosts would give to different clients regarding TFSAs and RRSPs. (0:50:50) Why RRSPs are of greater benefit if you live longer compared to TFSAs. (0:52:13) Our aftershow section: listener feedback, what Ben is working on regarding renting versus buying, the zombie apocalypse, and more.   Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Mark McGrath on LinkedIn — https://www.linkedin.com/in/markmcgrathcfp/ Mark McGrath on X — https://x.com/MarkMcGrathCFP Brady Plunkett on LinkedIn — https://www.linkedin.com/in/brady-plunkett-712489105/ Lukas Fleck on LinkedIn — https://www.linkedin.com/in/lukasfleck/ Flossing for your Finances, Personal Financial Strategies for Dentists — https://us06web.zoom.us/webinar/register/9017236574029/WN_7O_JdvejRhmh-_LleBNRmQ#/registration Episode 317: Kevin Milligan — https://rationalreminder.ca/podcast/317   Papers From Today's Episode:  ‘Tax Uncertainty and Retirement Savings Diversification' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2799288  

Is a permanent life insurance policy right for you? Have you filled all of your tax sheltered buckets like RRSPs and TFSAs? Are you maximizing the benefits of life insurance in your wealth management strategy?In this episode of the Canadian Wealth Secrets podcast, Kyle and Jon delve into the complexities of permanent life insurance and term insurance, shedding light on common misconceptions and providing actionable insights. Many individuals and business owners struggle with determining the right wealth building strategy to complement their financial goals. This episode explores the nuances between term and whole life insurance, offering guidance on when each type is most appropriate based on one's financial journey and stability.Navigating the world of insurance and investment can be daunting, especially when considering the long-term impact on your wealth management efforts. Kyle and Jon discuss practical strategies for leveraging insurance policies to build an emergency fund, manage debt, and gain significant Canadian tax benefits. Whether you're early in your financial journey or looking for ways to optimize your existing strategy, this episode provides valuable perspectives to help you make informed decisions.What you'll learn:Understand the key differences between term and whole life insurance and how to choose the right option for your needs.Discover innovative ways to use a whole life policy for building an emergency fund and managing financial risk.Learn about the tax advantages of leveraging permanent insurance policies for retained earnings, particularly for business owners.Tune in to this episode now to learn if permanent life insurance is right for you and uncover how it can enhance your wealth-building strategy and secure your financial future!Resources Canadian Wealth Secrets Show Notes Page Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

From Stress Test, The Globe's personal finance podcast for Gen Z and millennials:We're taking a peek into the TFSAs of regular Canadians to give you ideas of how to better use yours. In this episode, Rob chats with Aravind Sithamparapillai of Ironwood Wealth Management to break down TFSAs, FHSAs and RRSPs. Aravind is not an accredited planner. We're also joined by two guests with very different investment strategies: a tech entrepreneur in the midst of launching his own business, and a millennial whose investment journey started somewhat unintentionally.

The Rules Are Always Changing. It's How You Play The Game w/Alfonso Cuadra #265   Alfonso Cuadra, founder of Wealth Genius, founder of Cuadra Youth Foundation, coach, mentor, trainer and a 24-year investor with a multi-million dollar portfolio drops back into the studio to talk about mindset; financial literacy for youth and adults; what is wealth genius and future plans for it; where he thinks the market is going; mistakes investors have made in recent years; HIS personal rules for investing; and MORE!   Contact: Websites: www.AlfonsoCuadra.com & www.wealthgenius.ai   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca   Tags:  #realestateincanada, #realestatepodcast, #realestateinvesting, #investingincanada, #geographicfreedom, #canadianrealestate, #canadianpodcast, #buyinghomes, #investmentproperties, #wealth, #howtobecomewealthy, #belief, #explicit, #housingcrisis, #marketupdate, #purpose, #mindset, #wealthgenius, #success, #financialliteracy

In today's episode Warren Ingram answers your questions about retirement annuities (RA) or a tax-free savings accounts (TFSA).  Warren discusses the benefits of a TFSA including tax-free growth, RA offers a tax deduction on contributions, how Regulation 28 governs the maximums in retirement funds, and that decisions should consider both time horizon and psychological tolerance for risk and offshore allocations.TakeawaysConsider both time horizon and psychological tolerance for risk when deciding between a retirement annuity and a tax-free savings account.Regulation 28 governs the maximums in retirement funds, but a balanced portfolio with a high allocation to shares is generally recommended.Retirement funds now offer more flexibility and offshore allocation, making them attractive investments.Tax-free savings accounts offer tax-free growth, but contributions are not tax-deductible.For more valuable insights from the 10x team, click here.Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

The Transformative Power of Storytelling w/Matt Lionetti #260   Matt Lionetti, a real estate agent with Real and content creator whose funny, clever and sometimes polarizing content and unconventional approach has earned him thousands of viral views. It's also landed him onstage alongside thought leaders like Gary Vee and Ryan Serhant. We dive into his early lack of success in real estate that had him thinking of leaving the career. He was told not to be funny in his videos but this comedy approach led him to massive views and massive success, with his first video leading to his first sale in SIX HOURS! Also, the art of storytelling; how he overcame his shyness in front of the camera; how he was able to scale and leverage Instagram to create more successful videos; the deals he was able to land because of the videos; how agent referrals through instagram drive his success; what agents can be doing in this market, and MORE!   Contact: https://www.instagram.com/matt.lionetti    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca    Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca     

Join us as we sit down with long-time REITE Club supporter Steve Blasiak for an enlightening discussion on registered funds, investment opportunities, and insider tips for maximizing your returns. Get ready to dive deep into RRSPs, RESPs, LIRAs, and TFSAs as we uncover hidden strategies to turbocharge your investment portfolio. Don't miss out on this insightful conversation that promises to change your approach to investing. In this episode, you'll be able to learn about: Registered funds like RRSPs, RESPs, and TFSAs offer unique investment opportunities. Utilizing registered funds can have significant benefits for investment strategies and returns. Consider using registered funds for investments to maximize growth and tax benefits. RESP investments can provide higher returns than traditional savings accounts. Understanding the different types of investments suitable for registered funds is crucial. Meet Steve Blasiak, a financial advisor and seasoned investor with a flair for unconventional ventures. Drawing from his rock and roll roots, Steve brings a fresh perspective to finance, emphasizing the importance of listening and understanding in effective communication. Steve's investment journey is a testament to his commitment to lifelong learning and diversification. He shares insights on diverse opportunities—from campgrounds to music royalties—helping others confidently navigate the investment landscape. Driven by a passion for financial literacy, Steve's approach involves personalized guidance and thorough analysis to empower clients on their wealth-building journey. Get in touch with Steve Blasiak here:  LinkedIn: https://www.linkedin.com/in/steve-blasiak-5a3b8a5/ Facebook: https://www.facebook.com/pms.steveblasiak/ Email: Steven.blasiak@pinnaclewealth.ca

ChatGPT, The Future Of Real Estate & Political Divides Pt 2 w/Sandy & Kate MacKay #255   Sandy & Kate MacKay are in the studio with me for the second part of a two-part series, where we delve into their strategies for leveraging and priming ChatGPT, navigating risks as real estate investors, assessing the potential impact of the Federal Renters' Bill of Rights, making market predictions, and much more! If you're starting small with aspirations of achieving big things, this is the podcast you won't want to miss, so be sure to tune in!   Contact: Instagram Kate @itskatemackay Email kate@foundspaces.ca Instagram Sandy @itssandymackay Email sandy@freedomreps.com    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca    Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca  

Kicking off SEASON 5 of The Tax Chick Podcast with a special guest episode featuring fellow Saskatoon podcaster and Certified Financial Planner, Evan Neufeld!  Tax Free Savings Accounts, or "TFSAs" - such a fun acronym!  You likely have this type of investment, and are aware that one of the perks of a TFSA is that the growth accrues tax free... but are you curious to learn a little bit more?  Check out this episode to learn:- What is a TFSA? (4:00)- Are there limits to what you can put into a TFSA? (6:13)- What happens if you over-contribute? (9:20)- How is it taxed? (12:08)- What happens when you withdraw funds from a TFSA? (14:35)- What types of investments can you hold in a TFSA? (18:15)- What happens when you die? (24:00)Make sure to check out Evan's podcast (The Canadian Money Roadmap) for some great information on personal finance, including a recent episode entitled, "Avoid These 6 TFSA Mistakes".  P.S.  DJ CWC created some new intro music for me which I am debuting on this episode!!! CONNECT WITH EVAN:Podcast: https://canadianmoneyroadmap.buzzsprout.com YouTube LinkedIn Website: https://www.evanneufeld.com HERE ARE SOME OTHER WAYS TO CONNECT WITH ME:My website! Email: thetaxchickpodcast@gmail.com@tax.chick (IG) LinkedInBe a "Tax Chick VIP"  

#247: Denise & Nicolee - Strategies for Self-Employed Canadians: Making the Most of Your Mortgage   Denise Laframboise & Nicolee Evans are experienced mortgage agents from LaframboiseMortgage.ca, and join me in studio to talk mortgages, especially as a self employed person and why they have difficulty getting qualified; rates; why rates are not always what to focus on; starter homes; house hacking; creative financing and MUCH MORE! IIf you have questions about mortgages and qualifying, TUNE IN!   Contact: http://LaframboiseMortgage.ca    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: Gary's mentorship program visit https://garyhibbert.ca    Tags:  #realestateincanada, #realestatepodcast, #realestateinvesting, #investingincanada, #geographicfreedom, #canadianrealestate, #canadianpodcast, #buyinghomes, #investmentproperties, #wealth, #howtobecomewealthy, #entrepreneur, #explicit, #rates, #mortgages, #purpose, #mindset, #strategy, #success, #starterhome

In this insightful episode of "Think Smart with TMFG", Rob McClelland and Mike Connon, veteran financial advisors, meticulously explore the benefits, functions, and strategies associated with the Tax-Free Savings Account (TFSA). Initially introduced in 2009, TFSA is presented as an excellent investment tool especially beneficial for retirement savings for Canadians. The seasoned hosts delve into core features of Tax-Free Savings Accounts — outlining their distinct aspects compared to conventional savings accounts, explaining the tax-free growth feature, and showing the multitude of investment opportunities it provides. They also shed light on its comprehensive advantages such as yearly fund additions based on new limits, option to replace withdrawn funds, and potential to amass substantial savings. The discussion goes on to examine the key differences between TFSA and other savings accounts like RRSP and the newly introduced first home savings account. They caution listeners about excess contributions and highlight the convenience of having multiple TFSAs but with meticulous contribution tracking. The topic of posthumous handling of a TFSA is also broached, stressing the benefits of nominating a spouse or child as a successor annuitant or beneficiary. Additionally, the episode delves into unique strategies to boost tax-free growth, making it an essential listen for anyone seeking to leverage a Tax-Free Savings Account in Canada fully. Detailed case studies illustrate the use of TFSA for managing cash flows, avoiding OAS clawbacks, and facilitating non-taxable gifts. Unique advantages of TFSA are discussed, such as designating beneficiaries, including charities, without rewriting your will, functioning as an income source during high-tax years, and its usefulness in buying non-primary real estate property. The hosts round off by touching upon other practical uses of TFSA like short-term goal planning, creating passive income, and saving for educational expenses. Gain an in-depth understanding of TFSAs and how to tailor it for your specific financial needs in this comprehensive episode.

Today, we're going to cover what you need to know from a tax, investing, and financial planning perspective as we head into this new year. As you know, the government makes changes every year in these areas and the implications of these changes can have a pretty substantial impact on how much you pay in taxes, your net worth, what government benefits you are eligible to get, and how much you get. These can easily affect your net worth in the thousands of dollars every single year, so it's definitely in your and my best interest to know about these changes and get a bit of a refresher, so that we can all better prepare, and also take advantage of any opportunities that arise. About our guests: To help me with this, I have Certified Financial Planners Jason Heath, and Hannah McVean on the show. Jason is a popular returning guest on the show, definitely one of the more well known and respected financial planners, here in Canada.  Hannah and Jason are both fee-only financial planners, which means they don't sell any investments so there isn't that potential conflict-of-interest that you see a lot of here in Canada where someone calls themselves a financial planner or a financial advisor, you think you're getting a good financial plan and that they have your best interests at heart, but really they are just trying to get you to buy the investments that their firm sells so that they can earn a hefty commission. None of that here, we're going for purely unbiased financial education with Hannah and Jason. A quick little bio on these experts: Jason has been providing fee-only, advice-only financial planning since 2002 (for well over a decade). He is also a personal finance columnist for the Financial Post, MoneySense, and Canadian MoneySaver. He has a Bachelor of Economics degree from York University and holds the Certified Financial Planner designation. Hannah is also a Certified Financial Planner and a Chartered Investment Manager. She has experience working in the wealth management industry managing investments and filing taxes. She is now on the fee-only, advice-only financial planning side of things, and if you want to speak Jason, Hannah or someone from their team, you can reach them at BuildWealthCanada.ca/jason. Resources Mentioned: You can book a free introductory meeting with Jason and his team at buildwealthcanada.ca/jason. As a Build Wealth Canada listener, you'll get 10% off if you end up working with them. You'll also be entered into the giveaway to win a free financial plan. The discount and giveaway are for a limited time, and you can sign up for free here.  Questions Covered: To kick things off, can you take us through what we need to know for 2024, when it comes to our TFSA? and can you give us a quick refresher on how the TFSA works when it comes to taxes, and getting our contribution room back every year. Follow up question: Do you often suggest that clients keep their equities in their TFSAs due to their higher expected return compared to bonds and TFSA savings accounts? What have you found to be the most efficient way for Canadians to determine how much TFSA contribution room they currently have? Can you speak to how you can actually increase or decrease your available TFSA contribution room, depending on how your investments perform? Follow up question: How do you factor this in when you are doing financial planning for your clients? Follow up question 2: What kind of analysis do you do on TFSAs when you are working with clients and are there any optimizations or mistakes that people sometimes do that you are on the lookout for? Let's change gears and talk about RRSPs next. Are there any changes to RRSPs that we should be aware of for 2024, and for anybody new to all this, can you give us a refresher on how RRSPs work for us Canadians, when it comes to minimizing our taxes? Can you speak about the RRSP loan strategy? This is something that we often hear mentioned in different blogs and books on finance for Canadians, but do they still make sense in this higher interest rate environment that we are now in? (please explain the strategy first for anybody not familiar) When it comes to RRSPs, are there any common and/or critical mistakes that you see Canadians make, when you are doing financial plans for your clients? The FHSA is a relatively new tool for Canadians. Can you speak to what it is, who is it for, and how do you like to analyze and factor it in, when working on financial plans for your clients? Are there any new tax credits, deductions, or government benefits in 2024 that you think we should especially be aware of? and are there any that you find Canadians sometimes tend to miss? What have you found to be the best way to ensure that we don't miss any tax credits, deductions or government benefits that we are eligible for? (it's a bit of an overwhelming list if we just google it) Can take us through the updates for 2024, when it comes to the basic personal amount. And can you explain what it is and the financial planning implications of it, for anybody not familiar? As we enter 2024, can you take us through a checklist of what you advise your clients to do as the year progresses? What should they be doing annually now, and as the year moves forward? Is there anything else that you think Canadians should know about, from the taxation and government benefits side as we head into the new year? I set up a page for you where show listeners can get a free consultation with your team, and that's over at buildwealthcanada.ca/jason. Can you tell us a bit more about what problems and challenges you and your team specialize in solving for Canadians?

#238: Mayu Thava - How To Thrive In The Current Real Estate Market   Investor and mortgage agent Mayu Thava joins Christopher Hummell and myself to discuss practical strategies and real world solutions to surviving the current market. Extending amortizations, bringing on money partners, selling properties, debt consolidations, vendor take backs (VTBs), private money, these and more are discussed to help you plan to survive and thrive. Mayu has been investing since he lived with his parents, but got serious in 2019, now with a portfolio of over 50 units. He's been helping his clients decide what to do with their portfolios now that the market has cooled off and interest rates skyrocketed.  and MORE! If you want to live a truly authentic, take-no-prisoners life, TUNE IN!   Contact:  https://www.instagram.com/mayu.thava/   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: Gary's mentorship program visit https://garyhibbert.ca 

Shots fired! Lance from The Pas has thoughts on the APP, Gerald's not sold on private healthcare, Kyle wants hands off his TFSAs, and Judy just wants a wave!   THE FLAMETHROWER is presented by the DQs of Northwest Edmonton and Sherwood Park: Palisades, Namao, Newcastle, Westmount, and Baseline Road. Tell 'em Real Talk sent you!

Who can even afford to live anymore? Groceries are up. Utilities are up. Insurance is up. Mortgages are up. Rents are up. Tuition's up. What's NOT up? Disposable incomes. This episode of Real Talk is dedicated to finding solutions for Canadians just barely getting by.  3:00 | Yasmin Abraham, Cherise Burda, and Dr. Brendan Haley are taking action on affordability. The members of the IRPP's new Affordability Action Council talk solutions on our Real Talk Round Table.  LEARN MORE: https://irpp.org/affordability/ 1:11:15 | Our November 16 conversation about anti-Semitism with Tasha Kheiriddin resonated with Real Talker Charlie.  1:13:50 | Real Talker Mitzi isn't sure about Manslaughter charges for Matt Petgrave, but she says something needs to be done in the wake of Adam Johnson's tragic death.  1:22:20 | Shots fired! Lance from The Pas has thoughts on the APP, Gerald's not sold on private healthcare, Kyle wants hands off his TFSAs, and Judy just wants a wave! Real Talkers are all fired up for this week's Flamethrower presented by the DQs of Northwest Edmonton and Sherwood Park!  VISIT THE DAIRY QUEENS IN PALISADES, NAMAO, NEWCASTLE, WESTMOUNT, & BASELINE ROAD...tell 'em Real Talk sent you!  BUST OUT YOUR FLAMETHROWER: talk@ryanjespersen.com  BECOME A REAL TALK PATRON: https://www.patreon.com/ryanjespersen WEBSITE: https://ryanjespersen.com/ FOLLOW US ON TIKTOK, TWITTER, & INSTAGRAM: @realtalkrj  THANK YOU FOR SUPPORTING OUR SPONSORS! https://ryanjespersen.com/sponsors The views and opinions expressed in this show are those of the host and guests and do not necessarily reflect the position of Relay Communications Group Inc. or any affiliates.

#233: Michael Zanzini & Lorenzo Podda - $900 Billion In Mortgages Set To Renew   Real Estate investors and mortgage agents Michael Zanzini and Lorenza Podda from Better Mortgage Select join Gary to talk about what ifs and strategies to survive this current market - what IF you increase your amortization, what happens when you renew? What IF you are with Scotia versus the other big banks? What do they see in their crystal ball for when and IF rates will come down? And what's going to happen when $900 billion in mortgages come up for renewal soon? They touch on a new 40 year amortization, market crashing, market crashing up, universal basic income, and MORE? If you are looking for answers on the current market and where things *might* go in the near future, TUNE IN!   Contact:  https://bettermortgageselect.ca    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca    Tags:  #realestateincanada, #realestatepodcast, #realestateinvesting, #investingincanada, #geographicfreedom, #canadianrealestate, #canadianpodcast, #buyinghomes, #investmentproperties, #wealth, #howtobecomewealthy, #entrepreneur, #explicit, #marketupdate, #survival, #purpose, #mindset, #mortgages, #success, #investingincome

#228: Eric Coulombe - From Childhood Struggles To Career Freedom at 25   Eric Coulombe has career and time freedom at age 25, and he's only been involved in real estate in the Sudbury market for a few years. Losing his dad at age 10 was a big loss and shock, and this affected him for many years. His job involved industrial work but looked around at his older fellow coworkers who were always complaining about the job, and how much it took away from their lives. Eric didn't want that for himself, so dove into real estate investing through podcasts. He wanted time freedom, and after a successful first investment property, he's scaled his portfolio using creative financing and he's now flipping, wholesaling, BRRRR-ing and has added property management services, as cash flow is not always the long term answer.   If you are looking at ways to diversify your real estate journey, DO NOT MISS this episode!   Contact:  IG @ericcoulombe   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: Gary's mentorship program visit https://garyhibbert.ca

#224: Kathleen Black - How To Transform Uncertainty Into Empowered Leadership   Previous guest Kathleen Black joins me in this essential-listening podcast, about how to kill doubt, step into your confidence and get stuff done!  Globally recognized as a leadership and high performance expert and best selling author, I've been in her coaching program for over 3 years. We learn what raft builders are; why it's important to both reinvent yourself and fire yourself; and is a balanced lifestyle possible or attainable! DO NOT MISS IT!   Contact:  https://kathleenspeaks.com    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca   Other Links: WATCH the podcast! https://www.youtube.com/@gary.hibbert

I heard the expression "biting off more than you can chew"?I'd heard it plenty but never found it relevant...until now.Let's dive inAs always, you can find more here on Instagram @thefinancediaries and on TikTok @thefinancediaries

#215: Yakov Pertchik - Industrial Development In A Changing World   Yakov Pertchik has invested in residential and multifamily, but has migrated to industrial, as it offers way more flexibility and profits, as you'll learn from this amazing chat. In this changing economic climate and post-covid, Canada is seriously in need of industrial space such as warehousing/logistics, laboratory space and many other types. Looking for something to invest in besides residential? Maybe industrial is can offer you flexibility and incredible returns on your investment!   Contact:  IG: YVL Properties   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca     Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca 

#212: Gary, Q & Christopher - Market Update, Inflation, BOC, Immigration & Debt In this episode, Gary, Q & Chris take a deep dive into where we currently are, what are the year-over-year stats and just where we might be headed - 'Recession'?! Why is the market heating up? Multiple offers again? Tune in for how this is impacting your portfolio and what to do in the near future! Here are Gary's final thoughts on this episode:  Buy real estate – best hedge against inflation (multiple skills) Don't keep your money in the bank - Cash is trash, cash flow is king Take action Here are the links to the articles discussed in the podcast: Market Update Canada - https://creastats.crea.ca/en-CA/ Inflation  https://financialpost.com/real-estate/mortgage-interest-costs-inflation-april BOC  https://www.theglobeandmail.com/business/article-low-interest-rates-era-over-macklem/ Immigration https://nationalpost.com/news/politics/canada-welcomes-record-number-of-new-immigrants-2022 Bill 23 and Multiplexes  https://www.cbc.ca/news/canada/toronto/toronto-multiplexes-housing-economics-1.6848643   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca  If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals. As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses. To find out more, visit the website or email deals@deep-pockets.ca Other Links: Real Estate Investment Club visit https://www.smarthomechoice.ca 

#208: Seth Ferguson - How to 10x Your Business & Events     Seth Ferguson is the founder of the MultiFamily Conference, host of a real estate TV show, host of his own podcast, AND he held his FIRST event in the middle of the global shutdown! He and Gary discuss WHY you should host your own events and conferences and 10x them AND your business, as he's firm believer that face to face networking is the foundation of real estate. Do these events make money, and if not, WHY do them? He also shares many mistakes he's made so YOU won't make the same ones! If you have ever thought about hosting a live event or a conference, THIS is the episode for you!   Don't forget to visit SmartHomeChoice.ca to check out all the incredible upcoming events happening this year!   Gary and Darlene's VIP mentorship program is currently full. Our next enrollment will be for September with a small group of 4-5 individuals or couples/partners. If you're looking to get one-on-one coaching directly from Gary and Darlene to supercharge your investment game and design a lifestyle of your choice, set up a free one on one discovery call today. Visit https://garyhibbert.ca/vipmentorship for more info.      Contact:   website:https://multifamilyconference.ca    This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca    If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.   As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca    Other Links: Private Investing, visit https://deep-pockets.ca Real Estate Investment Club visit https://www.smarthomechoice.ca  Gary's mentorship program visit https://garyhibbert.ca  Start your own Podcast visit https://www.podcastexperts.ca 

#205: Fabio Campanella - Understanding The Biggest Tax Changes In Years Fabio Campanella ​worked with several of the largest ​Canadian ​financ​e and tax institutions, but ​forged ahead to form the Campanella Group, a boutique accounting firm with a ​distinctive clientele. He's been dissecting the newest tax changes in Canada - the foreign buyers ban; the under-utilized housing tax and the vacant property tax and joins Gary to break it all down and how it impacts everyday investors, and the tax implications for them!   Don't forget to visit SmartHomeChoice.ca to check out all the incredible upcoming events happening this year! Gary and Darlene have a few spots for their one-on-one mentorship program to supercharge your investment game! Receive scheduled calls and classes to help define your passion, goal setting, whiteboarding and of course scaling your investment portfolio!  Check out https://garyhibbert.ca/vipmentorship/for more info.  This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca  If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals. As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.   To find out more, visit the website or email deals@deep-pockets.ca    Other Links: Private Investing, visit https://deep-pockets.ca Real Estate Investment Club visit https://www.smarthomechoice.ca  Gary's mentorship program visit https://garyhibbert.ca  Start your own Podcast visit https://www.podcastexperts.ca    Tags:  

#200: Isaiah Henry - How To Be A Long Distance Landlord   On this episode, Gary chats with young entrepreneur Isaiah Henry. Isaiah started out like a lot of investors, working and finding real estate investing. He wanted to be a cop, and was for awhile, but saw the toll it took on his coworkers, and Isaiah REALLY wanted time freedom. He's has only been involved in real estate for 5 years, yet he's managed to acquire many single family homes, start a property management company to support himself and other investors, a learning company, a social media company, and he's NOT done! And where has he had this amazing success? TIMMINS! His plan is to move into small multi-family homes, and complete multiple JV's. If YOU are curious about owning properties outside of your geographic area, but are worried about not being able to keep an eye on your properties or even manage them successfully, or wonder why Isaiah is sticking with single family homes over duplexes and triplexes for now, THIS is a must LISTEN! Gary also shares his tip on goal setting with a whiteboard... Gary and Darlene have a waitlist open for their one-on-one mentorship program to supercharge your investment game! Receive scheduled calls and classes to help define your passion, goal setting, whiteboarding and of course scaling your investment portfolio!  Check out https://garyhibbert.ca/vipmentorship/for more info.  WHAT YOU'LL LEARN: Why he switched from policing to real estate How he got his first deal Why his first property lost money What he learned and applied to his second and future properties Why Timmins? The unique challenges and benefits of investing in Timmins How DOES he remotely manage his properties How often does he need to check his properties out The absolutely crucial part played in his grown by building a great team, and TRUSTING THEM Why he focusses on what he does well, and delegates the rest Why he believes you DON'T need to quit your job and focus on real estate The myth of why you can't always live on cash flow Having a side hustle or hustles - the power and freedom from multiple streams of income And MORE! Bio My name is Isaiah Henry and I am 28 years old. Born and raised in Pickering ON. Fell in love with athletics at a young age and was able to take my talents to Wilfrid Laurier University where I received an athletic scholarship and was fortunate to become a dual athlete while playing Rugby and Football. Upon graduating I pursued a career in long enforcement where I gained positions at Metrolinx as Special Constable and then the Toronto Police Service as a Police Officer. In terms of my investing career I started in 2017 after seeing an ad in the local paper about a new pre con project in Toronto. After the condo I was pretty uninvolved in real estate until 2019 where I picked up a condo townhouse in oshawa ON. I began learning more about REinvesting and started taking on long distance projects in Windsor, Sudbury and Timmins. Currently I am focusing on Timmins ON where the majority of my portfolio is located. I manage all my areas remotely and have created a property management company to help serve other investors in the area. Some may even call me the Mayor of T-Town . Going forward I would like to keep working with more JV partners and continue to scale into small multi family properties in Timmins ON. I would also like to continue to grow my property management company as well as some of the other active businesses I have on the go. First Position Real Estate Contact: Website: https://investwithisaiah.comFREE E-Book: https://investwithisaiah.comYouTube: @FirstPositionRealEstate  Email: ihenry@firstpositionre.com IG - @itsmrhenry FB - @FirstPositionRealEstate Tik Tok - @FirstPositionRE   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca  If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals. As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses. To find out more, visit the website or email deals@deep-pockets.ca    Other Links: Private Investing, visit https://deep-pockets.ca Real Estate Investment Club visit https://www.smarthomechoice.ca  Gary's mentorship program visit https://garyhibbert.ca  Start your own Podcast visit https://www.podcastexperts.ca

In today's episode, Warren Ingram invites Gabriel Botha, Business Development Manager at Prescient, to discuss the complex details of Tax-Free Savings Accounts and how they can benefit you from tax rebates, dividends, the limitations, and how TFSA & pension fund withdrawals work. Questions/ Topics: Tax-Free Savings Accounts (TFSAs) & what they offer TFSA withdrawalsTFSA contributionsTFSA investments: dividend-paying stocks and money market accounts.Limitations within TFSAs: annual contribution limits and restrictions on certain types of investments.Combining TFSAs and RRSPs: more on retirement investing.How interest rates can affect the returns of TFSA investmentsTSFA investing strategies/ suggestionsOverall benefits of a TFSA Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Wondering if all the money tips on this page are for you as a Canadian? Well-- fear not. We have the expert, Ellyce Fulmore, to talk about RRSPs, TFSAs, and high-interest savings accounts in Canada!Find Ellyce:InstagramMini CoursesMore from EllyceFind me on social media at @clobaremoneycoachPlease rate and subscribe to support this channel!Grab your free money guide here: https://www.thelazyinvestorscourse.com/guideJoin Clo Bare for a free investing class here: https://www.thelazyinvestorscourse.com/webinar TERMS AND CONDITIONS