Manufacturing workers share their opinions on how valued they are feeling.
Manufacturing workers share their opinions on how valued they are feeling.
There is no doubt that housing in Canada is expensive, but are we really in a bubble? Today on the show we explore the user cost equation and how it can help us answer this question. Before the main topic, we get warmed up with a behind-the-scenes look at Dell’s growth path in Cameron’s review of Play Nice But Win. From there we address Peter Lynch’s recent warning against passive investing as well as reiterate our position on the performance of small-cap value versus large-cap growth. Heading into our discussion on housing in Canada, we provide a working definition of a housing bubble and present the model used to work out user cost, addressing each factor in some detail. We discuss the risk premium for owning versus renting and highlight an interesting point on high price sensitivity during low-interest rates. The major takeaway after looking at Canada from within this framework is that user costs are in line with what they should be historically, and that saying we are in a housing bubble would be a little drastic!Book From Today’s Episode:Play Nice But Win — https://amzn.to/3IW2BWC Links From Today’s Episode:Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.Rational Reminder Website — https://rationalreminder.ca/ Shop Merch — https://shop.rationalreminder.ca/Join the Community — https://community.rationalreminder.ca/Follow us on Twitter — https://twitter.com/RationalRemindFollow us on Instagram — @rationalreminderBenjamin on Twitter — https://twitter.com/benjaminwfelixCameron on Twitter — https://twitter.com/CameronPassmore'Want to Be Happy? Hire a Financial Advisor' — https://static1.squarespace.com/static/5a720f21be42d6c5b35cd2d5/t/61ae8269d3ac6c729c4c4552/1638826601510/Trending_Edition+1_HerbersCo_Final.pdf'Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions' — https://www.aeaweb.org/articles?id=10.1257/089533005775196769'Owner-Occupied Housing and the Composition of the Household Portfolio' — https://www.aeaweb.org/articles?id=10.1257/000282802760015775'Real Estate Investors, the Leverage Cycle, and the Housing Market Crisis' — https://www.newyorkfed.org/research/staff_reports/sr514.html'Owner-Occupied Housing as a Hedge Against Rent Risk' — https://academic.oup.com/qje/article-abstract/120/2/763/1933972
There are so many good reasons for retirement, and chief among these is the ability to live life and the freedom from ominous work. But before you do that, you must design a retirement plan that best suits you. Bryan Anderson, together with the seasoned financial specialist: Criss Crombie, will elaborate on tax-deferred investments, similar retirement plans, tax-deferred annuities, and everything you need to know about taxes in retirement. They will also share how important it is to acquire an established strategy from the beginning to have better outcomes. What You'll Learn in This Episode:[4:23] Common concerns about taxes when approaching retirement.[5:24] On why deductions and taxes scare a lot of people?[7:43] Why having a strategy from the beginning will help mitigate the later effect?[8:52] How Social Security is taxed in retirement?[18:00] The correlation between taxes and spending.[25:28] Every person has a different plan and strategy.Key quotes:[4:51] “When you’re in retirement and you’re going on a potentially fixed income, should you be concerned about taxes? And I need to be concern, should I do something different? What do I need to do differently?” – Criss Crombie [5:45] “There’s a lot of questions that come up as people transition and they don’t really know exactly what to do or if they should do anything at all.” – Criss Crombie[8:08] “You’re going to pay taxes along the way . Well if that nest egg is ground significantly you could have a potential tax burden. And for the rest of your life you continue to draw those required minimum distributions . You’re paying taxes along the way…. It’s a potential time bomb waiting to go off.” – Criss Crombie[14:13] Annuities are good solution for a lot of people. They could be taxed a little bit different depending on the original source of the funds. If they count them from 401k and they put it into an IRA type of thing, they’re just taxed as ordinary income. If they come from non-qualified money, annuities can even be more tax favorable, as an income source during retirement. - Criss Crombie[24:54} Everybody is different, and it takes a careful set of calculations to each individual plan. -Bryan AndersonLinks/Resources:Criss Crombie Financial Group Call Annuity Straight Talk at 800-438-5121 or schedule a call atAnnuityStraightTalk.com
What is Infinite Banking? If you have questions, we have answers!Whether you've heard of this strategy or you're brand new to it, we've got financial planner and Infinite Banking expert, John Blalock IV, on the line for our October Global Connect call to give you the scoop!John Blalock, IV is a Certified Financial Planner (CFP®), bringing fifteen years of financial planning together with a sincere desire to see people achieve their dreams. After graduating from Auburn University, John moved back to his hometown of Birmingham, AL and began his career in finance. As a graduate of the Nelson Nash Institute, he is an authorized practitioner of the Infinite Banking Concept®. He also had the benefit of being personally mentored by the creator of Infinite Banking, Nelson Nash. For ten years Nelson shared his wisdom and immense knowledge with John in weekly meetings.John specializes in managing tax strategies and teaching real estate investors, entrepreneurs, and business owners to have control, freedom, and growth with their finances. John’s goal is to help you position your money in a tax-friendly, predictable, sustainable way to have speed to the passive income opportunities that many seek. John takes pride in leading his clients into the “new economy” with savings, income, investing, and legacy strategies that succeed in unpredictable market environments.So check out the replay of this interview to learn some valuable information from John and get the essentials of Infinite Banking!To get in on these calls live, join us on the free Lifeonaire app so you hear about these calls in advance! Just go to lifeonaire.com/app to get started.
TRY MIDAS.INVESTMENTS PLATFORM → https://midas.investments/DISCORD → discord.gg/midasTWITTER → https://twitter.com/Midas_platformTELEGRAM → https://t.me/midas_announcementsBLOG → https://blog.midas.investments/00:00 - 00:44 - Introduction00:45 - 02:38 - There have been a lot of changes to Midas in the fall (you removed lock-in, burnout, swaped Midas token to Fantom network). What is your new business model?02:39 - 14:00 - How are you able to give 17% APY on BTC and 23% on ETH? Will these yields stay for a while or that's a time-based offer? Is there a chance you'll change it in the future?14:01 - 22:44 - There is an article on the blog where you discribe your investment strategies like Leveraged liquidity farming, Concentrated liquidity provider for Uniswap V3 and others. Some of them incude high and medium risks. How are our funds secured with Midas? Can I loose all of my money if your strategy didn't work?30:15 - 43:21 - What if market changes? And DeFi segment will not be THAT profitable. Would you adapt or you will stay with your initial DeFi strategy?43:22 - 47:52 - What is the upcoming company structure? #crypto #passiveincome #midas #midasinvestments #staking #indexes #bitcoin #investing