Kornel interviews the top financial experts in Canada to help you optimize your investments, reduce your taxes, and help you accelerate your journey towards financial independence and early retirement. He also shares his own experiences and lessons learned in investing and as an early retiree and member of the FIRE (Financial Independence, Retire Early) movement to help you optimize your finances, specifically here in Canada.
Subscribe:.rss.atom.json.md.m3u.pls
Live Last read · last published · next check
Saves to your Listen queue, to pick up on another day or another device.
When we first start our do-it-yourself investing journey here in Canada, almost all of our focus is understandably on the accumulation phase. We are diligently saving, maximizing our TFSA and RRSP contributions, and figuring out the right asset allocation of low-cost index ETFs to grow our wealth. But what happens when you actually hit your number? What happens the day after you reach financial…
What are the most critical personal finance pillars that have the greatest impact on our financial wellbeing? In this episode, we sit down with Dr. Steph Zhou, the creator of the mandatory financial literacy curriculum for medical students at the University of Toronto. Dr. Steph shares the core components she identified through her research that have the greatest impact on our financial…
Today's episode is going to be especially useful if you're a Canadian DIY investor and you want to build an optimized, passive, low-cost portfolio, but you still have questions about some of the practical details. For example, should you just buy one all-in-one asset allocation ETF, or is there a benefit to buying the underlying ETFs individually? How much should you care about ETF trading volume?…
As the markets hit all-time highs again, one of the things that has become top of mind for me personally is how to make sure that our investments are actually secure. If you're a long-term passive, total market index investor like me, then you've definitely seen your portfolio grow quite substantially over the years. With this, one begins to wonder: What can be done to ensure the security of those…
In 2026, it is estimated that nearly half of all Canadian mortgages will be up for renewal. This involves over 1 million households here in Canada. Because of the change in interest rates, some of these households could see their monthly payments jump by 15% to 20% on average—and in extreme cases, even higher. That's the bad news. The good news is that if your mortgage is coming up for renewal,…
One of the most common questions I get, and honestly one of the biggest sources of anxiety for anyone nearing financial independence is: "How much can I spend without running out of money once I quit my job and start living off my investments?" It's one thing to see a big number in your investment account; it's another thing entirely to hit the "withdraw" button and start taking money out.…
With the new year kicking off, investing is top of mind for many of us, especially with all the new contribution room that many of us just received in our different registered accounts here in Canada (TFSA, RRSP, RESP, FHSA). Now before we decide what to invest in with our contributions this year, I thought it would be wise to look into: -What are some of the major and common mistakes that…
One of my favourite types of interviews is when I get to interview someone who has hit their financial independence or retirement number early, and then picking their brain on how they got there, what worked well for them, what didn't, what mistakes they could have avoided, and learning what makes them feel happy and fulfilled both before and after hitting financial independence. Well this time, I…
Today, we have a Canadian guest who has literally done over 400 interviews with different personal finance experts over the years, many of which were specifically for Canadians. Today, I pick his brain on the common conclusions, best practices, and recurring advice he's heard after interviewing so many personal finance experts. My guest, Kyle Prevost, is also part of the FIRE (financial…
In this episode, my goal was to make it relevant for both types of listeners: First, for those who are just getting started in do-it-yourself investing or are looking to transition to becoming passive index investors instead of trying to beat the market by stock picking or owning expensive actively managed funds. We're going to build a strong foundation for you here to help you get started, such…
