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Efficient Markets - Podcast

Friends Don't Ask Friends to Be Executor Thumbnail

Friends Don't Ask Friends to Be Executor

Asking a close loved one or a friend to be your executor may seem like a nice thing to do. Even an honor, that you would trust that person to handle your affairs once you've passed away. Many people agree to be the executor for a family member or friend without thinking twice about it. But, the job of being an executor is a challenging one.

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Digital Estate Planning Thumbnail

Digital Estate Planning

On today's episode I talk about what assets need to be considered in your digital estate plan. I talk about what some platforms are doing to help people do some estate planning themselves within the platform. I explain how to get your estate attorney to help you write language into your estate documents to deal with digital assets. And I talk about some solutions that can help you with efficiency in your planning.

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When Do I No Longer Need Life Insurance? Thumbnail

When Do I No Longer Need Life Insurance?

For professionals or soon-to-be retirees, they may wonder - why do I still need life insurance? In this episode, we dive into this question. We look at the role of life insurance, the different types, when its time to let go of your life insurance policy, and reasons you may want to keep your policy even if you've achieved financial freedom.

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Home Country Bias - What Is It and Why Does It Matter? Thumbnail

Home Country Bias - What Is It and Why Does It Matter?

According to Statista.com - Canadian stocks make up 2.4% of the total global equity market capitalization. According to Vanguard, Canadians, on average, allocate about 56% of their equity portfolios to Canadian stocks. This is called a home country bias. We talk about the issues with allocating so much of your portfolio to Canadian stocks and some of the reasons that you may want to diversify away from Canada in your portfolios.

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Tapping Into Home Equity to Fund Retirement Thumbnail

Tapping Into Home Equity to Fund Retirement

On today's episode, I spend some time on the topic of home equity. Many Canadian retirees are looking at their accumulated wealth in their homes and thinking of this as a supersized retirement fund. Is this a sensible approach to retirement planning?

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6 Keys to the Upper Reaches of Investing : Nick Murray Thumbnail

6 Keys to the Upper Reaches of Investing : Nick Murray

I walk through the 6 Keys to the Upper Reaches of Investing according to Nick Murray. In his book "Behavioural Investment Counselling" Nick walks us through 6 steps which, if followed, can put you into the top of your peer group in terms of long-term investor returns. This book is one of my favourite investing books, and I'm glad to share it with you.

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The Value of Staying The Course Thumbnail

The Value of Staying The Course

I can probably convince an investor that diversifying away from a single stock makes sense. I can probably convince them that owning stocks outside of Canada makes sense (getting away from home country bias). I can probably convince them to own fixed income if they don't need or want a lot of volatility in their portfolio. Why, then, is it so hard to pursue other diversifying factors in a portfolio for the long run?

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A Winning Investment Strategy (Historically) Thumbnail

A Winning Investment Strategy (Historically)

While it may seem like the high-flying growth stocks are the best investment going forward, historically this is not the case. It's not that these aren't great companies with great prospects. It is simply because these stocks are priced too high

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Should I Own a Concentrated Portfolio of Stocks? Thumbnail

Should I Own a Concentrated Portfolio of Stocks?

If you pick a small handful of stocks out of the 10,000+ stocks in a global index fund portfolio, you may get lucky and outperform for a short period of time. But, there's a good chance that you missed out on some of the big winners as well. What's the cost of missing out on the top performing stocks? Lets take a look.

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Checking in on Active Management Performance Thumbnail

Checking in on Active Management Performance

Standard and Poors (S&P) Dow Jones Indexes releases a semi-annual report that measures the performance of actively managed mutual funds and ETF's. This report is useful tool in analyzing the benefits (or lack of benefits) of investing in actively managed funds in pursuit of market beating returns.

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