A weekly reality check on sensible investing and financial decision-making, from two Canadians. Hosted by Benjamin Felix and Cameron Passmore, Portfolio Managers at PWL Capital.
…
continue reading
The ultimate guide to ETF investing for Canadians. Hosted by Justin Bender of PWL Capital.
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 319 - The Ultimate RRSP vs. TFSA Showdown
59:32
59:32
Play later
Play later
Lists
Like
Liked
59:32
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…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 318 - Assia Billig: Is Canada Pension Plan (CPP) Sustainable?
46:04
46:04
Play later
Play later
Lists
Like
Liked
46:04
If you’re in the Canada Pension Plan (CPP), then you won’t want to miss today’s conversation with Canada's Chief Actuary, Assia Billig. Assia’s knowledge of the CPP is extensive, having joined the Office of the Chief Actuary (OCA) in 2008, where she was involved in the preparation of statutory actuarial reports on the Canada Pension Plan and Old Ag…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 317 - An Economist's Perspective on Capital Gains Taxes with Kevin Milligan
1:22:48
1:22:48
Play later
Play later
Lists
Like
Liked
1:22:48
Today, we sit down with Professor Kevin Milligan to unpack the recent capital gain changes and the complexities of the Canadian tax system. Kevin Milligan is a Professor of Economics at the Vancouver School of Economics, University of British Columbia. He holds positions as a Scholar-in-Residence at the C.D. Howe Institute and a Research Associate …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 316 - Andrew Chen: "Is everything I was taught about cross-sectional asset pricing wrong?!"
43:37
43:37
Play later
Play later
Lists
Like
Liked
43:37
Are you curious about the hidden factors driving your investment decisions? Today’s guest is Andrew Chen, a Principal Economist at the Federal Reserve Board who focuses on monetary policy and financial stability. Published in leading journals, his research informs key policy decisions and helps shape the Federal Reserve’s strategy for managing econ…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 315 - An Update from Avantis with Eduardo Repetto
58:31
58:31
Play later
Play later
Lists
Like
Liked
58:31
During this episode, we welcome back Eduardo Repetto, Chief Investment Officer of Avantis Investors. In his leadership capacity, he directs research design and the implementation of strategies and oversees the investment team and marketing initiatives. Our conversation kicks off with Edoardo’s explanation of how Avantis systemizes active management…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 314 - Professor Valentin Haddad: How Competitive is the Stock Market?
1:00:53
1:00:53
Play later
Play later
Lists
Like
Liked
1:00:53
In this episode, we sit down with Professor Valentin Haddad to unpack the intricacies of market elasticity, passive investing, and the dynamic nature of financial markets. Valentin is an Associate Professor of Finance at UCLA Anderson School of Management and a research fellow for the National Bureau of Economic Research’s Asset Pricing Program. Hi…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 313 - When Should You Hire a Financial Advisor?
38:37
38:37
Play later
Play later
Lists
Like
Liked
38:37
Low-cost index funds and digital tools have revolutionized wealth-building, making it easier than ever before to manage your own investment portfolio. However, additional support and expert advice can be critical to help you reach your financial goals, especially when facing complex financial decisions, feeling overwhelmed, or deciding to change yo…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 312 - Prof. John M. Griffin: Forensic Finance and the Power of Research
1:02:48
1:02:48
Play later
Play later
Lists
Like
Liked
1:02:48
Discover the hidden underbelly of financial markets in today’s episode featuring Professor John M. Griffin, a leading forensic finance expert and the James A. Elkins Centennial Chair in Finance at McCombs School of Business at the University of Texas at Austin. Tuning in, you'll learn how forensic finance exposes illicit activities in crypto market…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 311 - Is Roaring Kitty a Good Role Model?
24:16
24:16
Play later
Play later
Lists
Like
Liked
24:16
When witnessing the dramatic payouts of miracle trades, it's easy to be lured into thinking that your big score is just a few trades away. But as is evident in trading options for retail investors, it is neither quick, simple, nor easy to make guaranteed returns on your investments. In today's episode, Ben and Cam walk us through the many reasons w…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 310 - Professor Antoinette Schoar: Consumer Finance, Crypto, and Private Equity
1:13:00
1:13:00
Play later
Play later
Lists
Like
Liked
1:13:00
There is a huge range of factors that can impact our investment decisions, whether we realize it or not, from our level of financial literacy to our political affiliations. This is borne out in research conducted by today’s guest Professor Antoinette Schoar, the Stewart C. Myers-Horn Family Professor of Finance at MIT Sloan. Today, Antoinette joins…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 309 - Are Robo-Advisors Passive Investors?
1:08:42
1:08:42
Play later
Play later
Lists
Like
Liked
1:08:42
When robo-advisors first came onto the scene, they were pitched as an easy way to access index funds. These digital platforms provide algorithm-driven financial planning and investment services, with little to no human supervision, and typically use passive investment strategies. But while this technology has revolutionized access, not all robo-adv…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 308 - Dan Bortolotti: The Canadian Couch Potato
1:04:51
1:04:51
Play later
Play later
Lists
Like
Liked
1:04:51
When it comes to DIY investing, there’s always a temptation to make things more complicated than they need to be. But, in reality, embracing simplicity is one of the best ways to ensure good investment outcomes. Today’s episode features an exceptional conversation with our long-time friend and colleague, Dan Bortolotti, who has worked alongside us …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 307 - How Much Life Insurance Do You Need?
1:07:23
1:07:23
Play later
Play later
Lists
Like
Liked
1:07:23
Are you confident about the amount of life insurance coverage you have? Are you maximizing your tax savings with the principal residence exemption? In this episode, we delve into life insurance and optimizing capital gains to answer these essential questions. In our conversation, we unpack the nuanced topic of life insurance, what people get wrong …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 306 - Wei Dai: Fighting for Every Basis Point
1:12:25
1:12:25
Play later
Play later
Lists
Like
Liked
1:12:25
Designing a robust portfolio requires considerable expertise, data, and experience. And while there are plenty of published articles that can guide how you build your portfolio, they are not investment solutions by themselves. Wei Dai is the Head of Investment Research and Vice President at Dimensional Fund Advisors, and she joins us today for a co…
…
continue reading
Private credit is one of the fastest-growing asset classes, and today we take a closer look at why that is, and if it’s really worth the hype. When you invest in private credit, you are essentially lending money to borrowers who might have difficulty accessing loans elsewhere. While these assets may be profitable, they can also incur a lot of risk …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 304 - Budget 2024: The Capital Gains Inclusion Rate
57:13
57:13
Play later
Play later
Lists
Like
Liked
57:13
The Canadian government has recently proposed significant changes to how capital gains are taxed, but how will this impact Canadians? In this episode, we delve into the proposed capital gains tax changes and their impact on financial planning. We unpack the definition of capital gains tax and the complexity of the proposed changes. Explore the hist…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 303 - Scott Galloway: The Algebra of Wealth
1:06:31
1:06:31
Play later
Play later
Lists
Like
Liked
1:06:31
What is the role of luck in financial success? And how can we make decisions that will put us in the best possible position to experience long-term prosperity? Joining us today to unpack these questions is Scott Galloway, a talented public speaker, author, entrepreneur, and professor of marketing at NYU Stern School of Business. His latest book, Th…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 302 - Michael Green: Market Efficiency Is Not The Question
1:06:03
1:06:03
Play later
Play later
Lists
Like
Liked
1:06:03
With a wealth of experience as a market theoretician and a prolific contributor to financial discourse, today’s guest is uniquely positioned to guide us through the complexities of index fund dynamics. Joining us to discuss the problems that passive investing may be causing in financial markets (and what people should do about it) is Michael Green,…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 301 - Optimal Government Pension Claiming
54:09
54:09
Play later
Play later
Lists
Like
Liked
54:09
In this episode, we delve into the best time to claim your Canada Pension Plan (CPP) benefits. Although the focus of this episode is on Canada, there will be many relevant and valuable insights for our non-Canadian listeners. In our conversation, we discuss the importance of understanding the intricacies of CPP benefits, the fundamentals, and how i…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Bonus Episode - Prof. Meir Statman: A Wealth of Well-Being
36:27
36:27
Play later
Play later
Lists
Like
Liked
36:27
Today, we welcome back Prof. Meir Statman to talk about the role of finances in well-being. We investigate the role of finances in well-being with Prof. Meir Statman through the lens of his new book, A Wealth of Well-Being. Discover why wealth advisors must evolve into well-being advisors and uncover the impact of finances on various life domains. …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 300 - Abby Sussman: Financial Judgment and Decision Making
57:17
57:17
Play later
Play later
Lists
Like
Liked
57:17
In this episode, we are joined by renowned expert Abby Sussman to unpack how individuals form judgments and make decisions about their finances. Abby is a distinguished professor of marketing at the University of Chicago Booth School of Business whose expertise lies at the intersection of psychology, economics, and finance. In our conversation, we …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 299: The Most Important Lessons in Investing
1:23:25
1:23:25
Play later
Play later
Lists
Like
Liked
1:23:25
In this episode, we unpack key tenants of investing and the quality of financial advice in Canada's banking industry. In our conversation, we present a list of lessons we have learned about investing, which has been consolidated from contributions by the Twitter community and the Rational Reminder Community. In our conversation, we discuss ways to …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 298 - Randall Stutman: Admired Leadership for Financial Decision-Making
57:59
57:59
Play later
Play later
Lists
Like
Liked
57:59
Dr. Randall Stutman is an author, highly sought-after speaker, and executive leadership coach to some of the world’s most exceptional CEOs, billionaires, and hedge fund managers. As the founder of the Admired Leadership Institute, he is widely recognized as a world-class authority on leadership strategy and style. Today, Dr. Stutman joins us to dis…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Episode 297 - Do Stocks Return 10-12% On Average? & Zero to Millionaire with Nicolas Bérubé
1:11:44
1:11:44
Play later
Play later
Lists
Like
Liked
1:11:44
As human beings, our brains are wired to solve problems. This can make long-term investment strategies, like passive investing, surprisingly challenging, especially if you’re not accustomed to the ups and downs of the market – it can feel pretty unintuitive to stay the course when your instinct is to take more active steps to solve the problem! So,…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Epidose 296 - Adam Alter: The Anatomy of a Breakthrough
52:51
52:51
Play later
Play later
Lists
Like
Liked
52:51
Feeling stuck is a common human experience and almost all of us will go through it at some point in our lives. Whether it’s relationship struggles, dissatisfaction with work, an inability to progress financially, or a pending midlife crisis, all of these situations can bring up a range of mixed emotions like anxiety, fear, anger, and even numbness.…
…
continue reading