For Episode 27 of Financial KarMoe, @karyungtom and I covered some great questioms from the Blossom community. After putting out our Halloween-themed question post, we received some fantastic questions from the community, covering everything from investment strategies and leveraged ETFs to retirement planning, taxes, and financial independence. 🍂🎃 We picked up as many as we could and shared our honest thoughts and experiences. When does having conviction in an investment strategy become stubbornness? Is five years of underperformance enough reason to reconsider your approach? We also discuss the risks of financial influencers promoting misleading information, whether a $1 million RRSP really means you have $1 million to spend in retirement, and the potential risks of leveraged investing during a market correction. We get into the Smith Manoeuvre and when it might actually make financial sense, the complexities of retiring outside Canada, and whether taking CPP early or deferring it is the better approach. We also discuss Coast FIRE, investing with borrowed money, ZEQT's T-Series funds versus traditional ETFs, and whether high-distribution strategies are necessarily the best way to generate retirement income. And of course, we couldn't leave out some of the lighter community questions, including when Wealthsimple might bring back its free iPhone promotions! 😂 We wrap up with a discussion about financial literacy and what it takes to get people curious about investing, understanding compound growth, and taking control of their financial future. A huge thank you to everyone in the Blossom community who submitted questions and continues to support Financial KarMoe. We appreciate you being part of these conversations! 😍🙏🏻 https://youtu.be/Rw-D_MCP_uw
846 views
12 Comments
Sunshine
@sunshineyyz · 4h
Yay! These topics are right up my alley. I can’t wait to listen. Now that I’m in my 40s, I feel a greater sense of urgency to front-load my investments, especially since I got a late start. That doesn’t mean I’m moving away from broad-based ETFs, but I have been giving more thought to the idea of investing with borrowed money.
David
@freedombydesign · 4h
Thanks for addressing my question regarding zeqt.t.. For those living off their portfolio having the monthly cash flow can reduce the need for a large cash buffer so more invested at all times. When the market corrects less or no selling in down markets. Fees are super low so it’s very efficient in capturing the market premium. It’ll never be my only holding but it makes sense to me as a core holding. I sold my VEQT for it for its optionality and the reasons mentioned above.
