The online Canadian Financial Summit is coming up the week of October 22-25. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. You can also offer your friends and…| Ed Rempel
You may have received a letter from your bank or heard people talk about the new OSFI mortgage rules. We’ve had a lot of our clients contacting us about it as well, since the new rules start this year for mortgages. These new rules will affect the Smith Manoeuvre in some ways, so it’s important…| Ed Rempel
Of all types of investment income, you pay the lowest tax on deferred capital gains. Paying tax 20 years from now on a capital gain is much better than paying tax on a dividend or capital gain this year. How do you invest for deferred capital gains? In recent years, many investors have been…| Ed Rempel
Free 30-Minute Consultation Want to find out: How will I really benefit from a financial plan? Is this the right time for me to create my financial plan? I know I need help, but which option is best? Are we a good fit to work together? I am very selective on who I take on…| Ed Rempel
Ed’s Mortgage Referral Services This is a complimentary value- added service we offer to the public with no obligation. It is focused on mortgages that work with the Smith Manoeuvre. We have seen the studies that show that variable or 1-year mortgages save you money over a 5-year fixed mortgage 89-100% of the time, so…| Ed Rempel
In my latest video and podcast episode I take an unconventional look at dividend investing & how to make it perfect. The video is a fact check of the advantages & disadvantages of dividend investing. Then I show how to fix all the disadvantages, so you can do it right. You may have already heard…| Ed Rempel
The first step to implement the Smith Manoeuvre is to get a readvanceable mortgage. What is the best one? We have unique personal knowledge of the quirks of each of the Smith Manoeuvre mortgages from working with hundreds of clients to implement and manage the Smith Manoeuvre. We are not the mortgage person that gets…| Ed Rempel
Fee-For-Service Advice Do you want to be financially secure and free to live the life you want? Ever wonder if there is a cool strategy out there that is perfect for you? Hi, I’m Ed, your personal Financial Guru. I am a fee-for-service financial planner and an expert in many cool strategies. I work with…| Ed Rempel
I was recently featured in Earning Diary discussing one of the most common and potentially misleading rules in retirement planning — the 4% Rule. After analyzing 146 years of market history, my research shows that this rule can actually hold many retirees back. Here’s what I found: Retirement planning is too important to rely on… The post Earning Diary article: Ed Rempel on Why the 4% Rule May Be Holding Back Your Retirement Income appeared first on Ed Rempel.| Ed Rempel
For decades, we’ve been told to save slowly and steadily for retirement. But what if that advice leaves you more exposed to risk than you realize? I recently sat down with WorthvieW to discuss Lifecycle Investing, a strategy that helps younger investors spread risk across their entire working lives, and avoids “Last Decade Risk” in… The post WorthvieW article: Ed Rempel on Lifecycle Investing: A Game-Changing Tool for Young Investors appeared first on Ed Rempel.| Ed Rempel
What is the meaning of life? What makes life worth living? How can having a meaningful life help you become financially independent? You will learn: What is the meaning of life? What makes life worth living? The classic book “Man’s Search for Meaning” by Viktor Frankl showed that the people that survived many years in…| Ed Rempel
Being worried about a market crash right after retiring is a major fear for many people both before and after taking the plunge. I often hear these anxieties: “I’m scared to retire even though I have enough money in every projection. What happens if there is a market crash right after I retire?” “We just… The post Retirement Rookie: Worried about a Market Crash Right After Retiring? appeared first on Ed Rempel.| Ed Rempel
This title may be hard to believe, but it is a common theme in coaching for small business entrepreneurs. The concept is from the popular book “10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less” by Dan Sullivan and Dr. Benjamin Hardy. Most of us think about incremental improvements in our…| Ed Rempel
I was recently interviewed by Business News This Week about one of the most common questions Canadians ask me as a financial planner: “When can I retire with the lifestyle I want?” It’s the question that comes up again and again, yet the real issue isn’t when you can retire—it’s how you can create and… The post “When can I retire with the lifestyle I want?”: Toronto Financial Planner Ed Rempel Answers the Most Common Question Amongst Canadians appeared first on Ed Rempel.| Ed Rempel
Owning a home is unaffordable for many people today. Here is some good news! If you rent, you can grow your wealth as fast or faster using the same 2 ideas that benefit homeowners. Tenants have several major advantages over homeowners for wealth building. Many homeowners think their home is their best investment. But that… The post Why Renting Could Be Your Secret to Smarter Wealth Building appeared first on Ed Rempel.| Ed Rempel
The National Post asked me to review the retirement and financial situation of Kate*, a 65-year-old who recently relocated to Alberta after a costly divorce wiped out her savings. She’s determined to rebuild her life and finances, but she has questions: “Can I realistically buy a house, or is renting my best option? How do…| Ed Rempel
Wait. Don’t people say, “Your home is your best investment? For many people, their home may be their only major investment. For them, that old conventional wisdom might be true. But that is unfortunate. It is easy to find better investments with dramatically higher long-term returns. Despite the lower returns, homeowners on average are wealthier… The post How to Make Your Home a Good Investment appeared first on Ed Rempel.| Ed Rempel
Are you ever confused by all the different titles that financial planners and advisors use? What types of advice and services do they offer? Which one offers what you are looking for? When you have real worries or questions about your money, “who you gonna call?” Who is the super-hero of advice? In my latest…| Ed Rempel
The National Post asked me to review the retirement plan of Douglas*, a 66-year-old from Ontario enjoying a modest, comfortable lifestyle with his wife in their debt-free $900K home. He’s getting conflicting advice: “Should I start withdrawing from my RRSP to grow my TFSA and non-registered investments — or just let everything keep growing?” With…| Ed Rempel
Remember the show “Who wants to be a millionaire?” Are you the kind of person that wants to build some serious wealth? Live an exceptional life? Be financially free? I don’t mean just a comfortable amount. I mean a lot – like being a multi-millionaire. The truth is, average people can become very wealthy just…| Ed Rempel
The Smith Manoeuvre – Is your mortgage tax deductible? The Smith Manoeuvre is an efficient strategy to use equity in your home to invest for your future without using your cash flow. It converts your mortgage over time into a tax deductible investment credit line. Most Canadians are searching for a feeling of financial security,…| Ed Rempel
Which is true? To invest effectively for your future, it is vital to be confident in your investments. Here is the historical data to give you a clear picture of what long-term investors can expect. By the end, you’ll have a clearer answer to the big question: Is the stock market the best way to…| Ed Rempel
For years, conventional wisdom has preached the benefits of diversifying between stocks & bonds and gradually shifting to safer investments as we age. But what if these widely accepted strategies are fundamentally flawed? A newly published, high-quality study is flipping the script on traditional investment advice, making a compelling case for a 100% equity strategy…| Ed Rempel
