It's Halloween, and while everyone else is worried about ghosts, goblins, and things that go bump in the night, @karyungtom and I are more concerned about something REALLY scary... 👀 💀 BAD FINANCIAL DECISIONS! 💀 We're getting ready for Episode 27 of Financial KarMoe, and we're opening the floor to YOU! Got a burning question about investing, ETFs, $xeqt / $CAGE, retirement planning, taxes, the Smith Manoeuvre, leveraged investing, personal finance, or anything money-related? Maybe there's a financial myth haunting you, an investing strategy that sounds too good to be true, or a money question you've been too afraid to ask. Now's your chance! 🧛♂️ Drop your questions in the comments below, and Kar and I will pick some/all to tackle in our next episode. No question is too scary, no topic is off-limits, and no financial skeletons need to stay in the closet! 😂 🎃 Your mission: Give us your best financial TRICK or TREAT! Let's make Episode 27 a BOO-ming success! 👻😛
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23 Comments
Regis
@mytranslator · 14hEdited
Hey guys 👻 I’d like to raise an interesting topic for Episode 27: when does conviction become stubbornness in investing? Let’s say you strongly believe in a particular investment strategy, such as systematic factor investing, but it underperforms a traditional market-cap-weighted index for five consecutive years. At what point should you reconsider your strategy? How do you distinguish patience and discipline from simply refusing to acknowledge that your investment thesis might be wrong? After all, we’re constantly told to stay the course. But surely, staying the course isn’t always the right decision? Would love to hear your thoughts! Happy Halloween!! 🎃
Catherine
@ffcatherine · 11h
Here’s a scary question: how many ppl in Canada look at their funds in RRSP accounts thinking they “made it to a million “ then retire just to find out their biggest beneficiary is actually CRA? If you’re in 25% tax bracket & most of your retirement funds are in RRSP then you actually really only have 750k after tax? I’m just curious how many ppl are aware that it’s not only your total portfolio balance but what account you hold your money in that determines your monthly spend $
Bob
@bobmax9 · 13hEdited
In what situation does the Smith Manoeuvre make financial sense? Any time I've considered it, the Smith Manoeuvre didn't seem worth the trouble ( house at low fixed rate vs rates available on ploc vs expected tax advantages)
ROVERGALARGA @hugimelo · 6h
Should finfluencers who promote misleading, fraudulent, or unlicensed financial advice face criminal prosecution and jail time, or should regulatory enforcement remain limited to fines and content bans?
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