What's up Young Money Simplified fam, welcome to this episode of the podcast. Today, Ed Rempel comes on and shares his unconventional wisdom. He dives deep into why students shouldn't pay off their student debt as fast as they can, how to beat any investment advisor, his principles on successful investors and much much more. To check out his personal site: https://edrempel.com/ To contact me firstname.lastname@example.org Please don't forget to share with your loved ones.--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app--- Send in a voice message: https://anchor.fm/youngmoneysimplified/message
Most investors see bonds as a safe place to put their money, but according to my guest this week, conventional wisdom may be deceiving. Ed Rempel is a popular blogger, fee-only full-service financial planner, and tax accountant, who wants to help you achieve financial freedom. Ed has spent the past 27 years helping thousands of Canadians become financially secure, and he joins us this week to explain why investing in bonds can actually put your portfolio at risk. You can find the show notes for this episode at https://maplemoney.com/122 Did you know that 57% of Canadian adults don’t have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you’ve put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.
Mini-episode, What is Lifestyle Inflation with Ed Rempel
Alain Guillot Show
https://www.alainguillot.com/lifestyle-inflation/ What is lifestyle inflation? Is the tendency to increase expenses as earning increases. If a person gets a raise of a few thousand dollars, that person increases their expenses by a similar amount and thus never has an opportunity to save money for retirement or other financial goals.
How to Successfully Implement the Smith Manoeuvre with Ed Rempel
The Burn Your Mortgage Podcast
Ed Rempel is a fee-for-service financial planner and tax accountant, as well as a popular and passionate blogger. He has written hundreds of articles to educate the public on his unique insights and strategies that actually work, instead of the “conventional wisdom” common in the financial services industry and the media. He is an expert in many financial strategies, including the Smith Manoeuvre. In my interview with Ed, we discuss managing risks of the Smith Manoeuvre, tax issues you need to be aware of and what happens once your mortgage is paid off.
Ed Rempel wants you to know that the conventional personal finance wisdom most people follow, might not be the best for your financial situation. Unconventional wisdom, as he calls it, might be your path to financial success. Ed has been a financial planner for over 25 years and a tax accountant for over 35 years. He is a Certified Financial Planner, Chartered Professional Accountant, and Certified Hedge Fund Specialist. Ed has spent the majority of his life actually creating comprehensive financial plans for Canadians and continuously building his knowledge base to help his clients reach financial freedom in the most optimal and efficient way. Ed has so much unconventional wisdom to share that one podcast episode wasn’t enough. We didn’t even get to talk about all of the really interesting investing and tax strategies that he has become an expert in over the years. So stay tuned for Part 2 of this interview in the coming months. Ed joined me in the studio in Hamilton to share part 1 of his personal finance story.NEXT EPISODE84 - Sandy Yong Click here to book a FREE 15-minute personal finance consultation with Beau Humphreys, Personal Finance Coach Click here to become a patron of The Personal Finance Show via Patreon To register for my next available personal finance webinar click here.
http://www.alainguillot.com/ed-rempel/ Ed Rempel from Unconventional Wisdom, is a financial blogger, a fee-for-service financial planner, and a tax accountant. His knowledge comes from helping thousands of Canadians with their financial plans. He creates solutions tailored for each particular client as opposed to a cookie cutter formula used by most of the financial industry. His mission is to help his clients and protect them from the “financial quackery” - sales pitches by unscrupulous financial product pushers more concerned with making a sale than helping a client. His experience includes: 25 years as a fee-for-service financial planner professional. 15 years as a financial blogger 35 years as a tax accountant. Writing comprehensive and personal financial plans for nearly 1,000 families. Helping more than 600 clients follow their financial plans. Managing more than $100 million in investments. We spoke about: "The Fake Financial Plan." Most advisors make their clients answer some questions, input the answers in a computer, and a 5-10 minutes later, there is a printout with beautiful color pages, a cover page, numerous graphs and charts, where the final recommendation is to buy the products of the company employing the adviser. We build a scenario where recently landed immigrant wants to know how to invest in Canada Open a bank account Open a TFSA and an RRSP account Prioritize the TFSA if earning less than $50,000 If the person doesn't save any money, the government will help but the help will be limited After a person has contributed the max to their RRSP and TFSA, the next thing is to invest in non-registered accounts For the stock sector, avoid Mutual funds with high expense fees. Favor low-cost index funds and ETFs. Avoid individual stocks
In speaking tax investment expert, author and blogger Ed Rempel https://edrempel.com. It because obvious that Ed has a deep, ingrained passion for helping others in their life's pursuits.Do you have a passion to share? Contact me at email@example.com