We dived into your questions which you had shared with @karyungtom and I on Episode 14 of Financial KarMoe — from index funds and factor investing to covered call ETFs, FOMO, and building a long-term investing strategy. We start by discussing Ben Felix 's video on "The Biggest Myth in Personal Finance" and share our thoughts on some of the ideas that sparked the most conversation — including whether saving early really matters and why investing in index funds is NOT simply "settling for average returns." We also answer questions from the Blossom community, including: 🌎 Why do we choose globally diversified ETFs like XEQT? 🔄 Should investors switch strategies when another ETF outperforms? 💰 Do covered call ETFs actually outperform their underlying investments? 😬 How do you avoid FOMO when other strategies are doing well? 🧠 Why staying curious and continuously learning matters as an investor 📚 Where we continue learning about investing, taxes, and financial planning A big thank you to everyone who submitted questions and continues to support Financial KarMoe. Your comments and discussions help shape future episodes! We appreciate your support. 🙏🏻 https://youtu.be/sSM50jeLaAI?si=xemIBOo4EJujsaVY
Great video guys! Kar, you brought up a great point about the first myth of Ben’s video. Not everyone is going to ramp up earnings later in life! Most are lucky to have their wages keep pace with inflation.
Vik Chohan@vchohan · 20d
Can you discuss after maximizing RRSP/TFSA the benefit of either holding XEQT or VDY in a nonreg account? I have read and watched many videos saying the tax advantages to holding VDY in a nonreg but i see people holding XEQT within it, which would be the better tax play?
Not Financial Advice @anpc86 · 19d
i still meet people who lose money in this market despite the historic bull run they go into crypto at highs, they have very anti-tech, anti-AI attitude, they go with "blue chip" stocks like Cdn telecoms, or with only names they recognize like a "Nike" and dismiss anything they haven't heard of, so a Celestica $CLS is an off the board pick. Shrug shoulders. After watching a show like Billions, yes dramatized|Hollywoodized, but with my own little experience working in asset management firm. The regular investor just does not have the edge they think they do, and as one Blossomer once said just accept the role of the barnacle on the whale. Most people should go for market returns.
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