Weekend Reading: Canadian Financial Summit Edition

For the past two years, hundreds of you signed up to watch me and dozens of personal finance and investing experts speak at the Canadian Financial Summit. Well, we’re back again with a fresh new line-up of information designed to make you better savers, investors, and take control of your financial future.

Get your free ticket today to access this virtual financial summit, which takes place online from September 26-28, 2019. You’ll be able to watch an all-star panel of 25+ Canadian personal finance experts, including yours truly, offering sessions that include:

• Better, smarter, easier ways to invest
• What a safe withdrawal strategy looks like for retirement at any age
• Getting the most out of TFSAs, RRSPs, and RESPs
• How to prepare both your portfolio and lifestyle in the years before you retire
• How to check your “retirement readiness” <——- That’s mine!
• F.I.R.E. (Financial Independence/Retire Early
• Minimize costs, maximize bang for your renovation bucks
• Real estate investing made easy
• How to legally avoid Canadian taxation when you move for work or retirement
• How to use Financial Technology (FinTech) to save major cash
• How to most efficiently draw down your nest egg in retirement
• How to earn more money by creatively advertising innovative side gigs
• Avoiding crippling fees and terrible advice
• How to strategically pick the perfect wardrobe without breaking the bank
• Benefit from automatic insurance packages on your credit card
• Much, much more!

Sign up for free tickets to the 2019 Canadian Financial Summit right here and you’ll also be eligible for the early bird discount for lifetime access to every single session for just $87. The All Access Pass also includes exclusive access to seven expert sessions, plus other extras such as e-books, guides, and apps, that’ll make you a better saver and investor.

Why get an All Access Pass?

• “Those bonus videos alone are worth the price of a ticket.”
• “The eBooks and other free resources – combined with the any-time & anywhere convenience – was just too much to pass up. I’ll save hundreds of dollars with the bonus tax workbook alone!”
• “I just wanted to go back and re-watch certain talks again in more detail to make sure I didn’t miss anything.”

My session will be on September 27th and in it I explore everything you need to think about as you prepare for retirement. From putting together the puzzle of your retirement income sources, planning how you’re going to spend your time, and most critically, how much you plan to spend in retirement.

Just head on over to the Canadian Financial Summit, sign up for free, and be automatically entered to win one of the free Premium All Access Passes they will giving away when the event goes LIVE on September 25th.

This Week’s Recap:

Wow, this one was incredibly popular with readers: Using a robo-advisor in retirement – A Wealthsimple Case Study

Over on Rewards Cards Canada, here’s a look at the best Aeroplan credit cards in Canada.

In other news, I’ll be hosting an AMA (ask me anything) on Reddit (r/PersonalFinanceCanada) on Thursday September 26th. Stop by and ask a question or just hang out and read the thread as it unfolds in real time. I’ll also post the re-cap here afterwards.

In financial planning news, I’ve finished up the MoneyGaps free trial and hope to launch a discounted ‘light-advice’ service in the next few weeks. How does a $199 retirement readiness check-up and financial report card sound?

I think there’s a lot of potential with this service for those who aren’t ready for a full and comprehensive financial plan. Let me know what you think in the comments.

Weekend Reading:

Stephen Weyman of Credit Card Genius lists the best credit card offers, sign-up bonuses, and deals for September. Some great offers included this month!

She ditched Canada at 56 for Belize, where a couple can get ‘everything you can imagine’ for under $50,000 per year.

An older post from sketch guy Carl Richards, but still relevant and thought provoking today – Everything you need to know about personal finance from 11 simple sketches.

Ben Carlson is tired of people like Michael Burry knocking index funds so he wrote a piece debunking the silly ‘passive investing is a bubble’ myth.

Another take on the idea of a passive investing bubble, this one from John Stepek, editor of MoneyWeek:

“A bubble implies that there’s a mania for getting rich here. Instead, this just looks to me like an old-fashioned competitive price war. Investing is getting cheaper, and the folk who charge more don’t like it.”

Speaking of bubbles, though, how much will a year of university or college cost? Rob Carrick has put together a handy student calculator.

Dr. Daniel Crosby says the formula for happiness is simple: Wanting what you have.

Downtown Josh Brown and Michael Batnick play their favourite game – What are your thoughts? – on negative interest rates, IPO flops, market sentiment, and much more:

The Money Geek Graeme Hughes shares his thoughts on what’s wrong with Canada’s investment industry.

Michael James rips apart the argument that the government should eliminate mandatory minimum RRIF withdrawals.

Gen Y Money tackles multi level marketing from the angle of the anti-MLM friend (her). Interestingly, 83% of MLM sellers are women and a lot of MLM direct sellers start when they enter motherhood. They see it as a social outlet and a chance to contribute to their household finances.

Finally, selling a house in the United States (and I’d say in Canada as well) is extremely expensive. The Economist looks at why America’s real estate brokers are such a rip-off (note: you might need to register to read the full article).

Have a great weekend, everyone! And, remember to grab your free ticket to the Canadian Financial Summit here.