You've diligently saved in your RESP for years. Now, your child or close family member is getting ready for school in the fall and it's time to think about taking money out of the RESP account to pay for education. So, how do you withdraw money from the RESP in a way that makes sense from a tax standpoint?
Cash has been piling up in Canadians' bank accounts since the onset of the pandemic. You may be wondering, are there any good options for my short term savings right now?
We discuss inflation, what it is, what it means, and what type of assets rise above inflation over the long run?
Some news! I have changed the name of my podcast from Retire Me to Efficient Markets. Listen in to understand what this change means, what's changing, and what's staying the same. Thanks for listening!
3 Main Takeaways from the Berkshire Hathaway General Meeting. A discussion on what Foreign Property is and why its important that you report it properly on your tax returns. How to estimate future stock and bond returns for financial plans.
On Today's episode we discuss: 1) Cottage Agreements - a friend of mine inherited a cottage from his late father. He is sharing it with his brother. I outlined for him the benefits of using a cottage agreement. I discuss the elements of a cottage agreement, its benefits, and how to get started 2) Bitcoin - I spend some time talking about what Bitcoin is, the pros and cons of owning Bitcoin, and what role it plays in long-term retirement portfolios.
In the final episode of our 4-part series we review the factors we have discussed over the past 3 weeks, talk about how to implement a factor portfolio using "tilts", and discuss some of the reasons you might not want to implement a factor portfolio.
Welcome to Episode 46 of Retire Me! On today’s episode I discuss factors in fixed income (bonds). I begin the episode with an overview of the role of fixed income in a portfolio. From there, we move into an overview of where returns come from in a fixed income portfolio. Then, I do my best to explain the role of a yield curve and how it contains information that can be helpful when trying to anticipate future returns in fixed income.
Last week we started with Market Beta and Small Cap Premiums. This week, we will go into the Value Premium and the Profitability Premium. As a quick refresher, a factor is a unique source of risk in a portfolio. We want to pursue risk to generate higher returns, and we want to diversify our sources of risk so that we lower our volatility (smooth out our ride), because not all factors work all of the time. In fact, they frequently go through periods where they don’t work. Today we will discuss the value premium and the profitability premium. Next week we will go through the premiums in fixed income (bonds). The week after that, we will go through portfolio construction and wrap up with my thoughts about who should and who shouldn’t invest in a factor portfolio.
In Part 1 of this 4 part series, we re-introduce factor investing and dive into the market beta premium, and the small cap premium.
Today we discuss the 8 Great Behavioral Investing Mistakes. If you can avoid these, you can "back into" investing success over your lifetime.
What if you have a big purchase coming up in 10 years? It's long enough that you think you can take some risk and you want the money to grow. Picture a bucket of water that you are going to tip over and empty all on the same day. It changes how you can invest. In this video I walk through an approach from Larry Swedroe in his book "Your Complete Guide to a Successful and Secure Retirement". Larry outlines different % equity allocations based on how far out your financial goal is.