Canadian Wealth Secrets
Are you wondering whether your financial plan is going to lead to that wealthy Canadian lifestyle you envision for your future?
Over the last 5 years, former mathematics teachers and serial entrepreneurs Kyle Pearce and Jon Orr have been implementing alternative wealth building and income tax strategies that have allowed them to transition from high net income to high net worth.
Now, they seek to share these Canadian Wealth Secrets to empower the creation of a financial future that allows you to live a truly wealthy life; a life on your own terms.
Canadian Wealth Secrets is a show focused on growing wealth to strengthen all five (5) pillars of a good life including health, family, finances, work, and play. We seek to ensure that you have a foundational financial plan in your life including Canadian investment, tax, and insurance strategies so that you can focus more of your time and attention on the other important pillars of life.
Tune in every Wednesday as we uncover unknown strategies that allow you to protect your profits from income taxes, safely compound your investments more predictably, and help you take your high net income and create a wealthy lifestyle while creating a legacy that lasts.
Before you can start on your own unique wealth building journey, you have to determine what a wealthy life looks like for you.
Get started by listening to Episode #38: Clarifying Your Life’s Why So You Can Achieve Your Dream Lifestyle.
If you listen to podcasts like The Rational Reminder with Ben Felix & Cameron Passmore, The Canadian Investor, The Canadian Real Estate Investor, Build Wealth Canada with Kornel Szrejber, ChooseFI with Jonathan Mendonsa & Brad Barrett, Afford Anything with Paula Pant, The Ramsey Show with Dave Ramsey, BiggerPockets Money, The Money Guy Show with Brian Preston & Bo Hanson, Invest Like the Best with Patrick O’Shaughnessy, Masters in Business with Barry Ritholtz, The Wealthy Barber Podcast with David Chilton, Financial Audit with Caleb Hammer, In the Money with Amber Kanwar, The Loonie Hour with Steve Saretsky, or More Money Podcast with Jessica Moorhouse — we’re confident you’ll enjoy Canadian Wealth Secrets too.
Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance. We choose not to become Authorized Infinite Banking Practictioners because we only apply the most effective uses of Participating Whole Life Insurance as a leverage tool for accumulating assets and minimizing personal income taxes - not for personal expenses.
Canadian Wealth Secrets Podcast Was Formerly Invested Teacher Podcast.
Canadian Wealth Secrets
Should Canadians Invest In the US? The Pros and Cons of Investing in the United States Economy
Not sure where you stand when it comes to where to park your investment dollars moving forward in 2024 and beyond?
With the most recent 2024 Canadian Federal Budget released recently with even more punitive tax implications for investors, it seems that many Canadian investors are talking about looking South of the border to begin investing in real estate or even growth stocks and equities in the US.
As an investor, navigating the shifting sands of taxation and market conditions plays a much greater role on the value of your near-term and long-term investment portfolio and ultimately your net worth. Once a Canadian investor decides that they will routinely invest for their future, deciding where to invest – the US or Canada – against the backdrop of rising capital gains taxes, economic headwinds, and overall risk versus reward can drastically change the outcome of your real net worth.
Stick with us as we dig into the complexities of diversification, emphasizing that it's not merely about geography but about aligning investments with individual circumstances and longer term goals. From minimizing income tax implications to maximizing your return on investment, this episode provides insights to empower you to make informed decisions in an ever-evolving, complex Canadian financial landscape.
What you’ll learn:
- Gain clarity on how to diversify your investments while navigating potential tax implications and currency risk across both sides of the US and Canadian investment markets.
- Learn strategies for finding real estate deals with a margin of safety, in Canada or the US, to preserve your capital and safeguard your investments.
- Understand the benefits of diversifying real estate investments across different provinces in Canada or states in the US, with a focus on flexible financing and long-term growth potential.
- How you can take advantage of “risk-on” assets such as real estate while also creating a completely “risk-off” buffer against market downturns in Canada or the US.
Stick around as we unpack the pros and cons surrounding whether we should be investing in the Canadian economy or whether packing up your stacks of cash and sending them down to the US is the best move regardless of whether you’re looking at single family homes, multifamily real estate, private placements in the US, or even just publicly traded US equities.
Resources are on the Epi
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If you listen to podcasts like The Rational Reminder with Ben Felix & Cameron Passmore, The Canadian Investor, The Canadian Real Estate Investor, Build Wealth Canada with Kornel Szrejber, ChooseFI with Jonathan Mendonsa & Brad Barrett, Afford Anything with Paula Pant, The Ramsey Show with Dave Ramsey, BiggerPockets Money, The Money Guy Show with Brian Preston & Bo Hanson, Invest Like the Best with Patrick O’Shaughnessy, Masters in Business with Barry Ritholtz, The Wealthy Barber Podcast with David Chilton, Financial Audit with Caleb Hammer, In the Money with Amber Kanwar, The Loonie Hour with Steve Saretsky, or More Money Podcast with Jessica Moorhouse — we’re confident you’ll enjoy Canadian Wealth Secrets too.
Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
