Canadian Wealth Secrets

Kyle Pearce, Jon Orr
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Mar 27, 2024 • 40min

Diversifying Your Entrepreneurial & Investing Experience On Your Wealth Building Journey With Raj Loganathan

Have you ever wondered how a seasoned entrepreneur transitions from start-up to start-up, and what unique insights they gained along the way?In a world where career transitions, entrepreneurial risks, and technological advancements are increasingly common, understanding the journey of someone who has successfully navigated these changes can offer valuable lessons for your own professional and personal growth.You’ll learn:Gain insights into how storytelling and personal experiences can be powerful tools in attracting investors and driving business growth.Learn about the challenges and rewards of introducing new technologies in different markets, offering a roadmap for those looking to innovate in their fields.Discover the importance of agility and adaptability in business, especially in startup environments, and how these qualities can lead to successful project outcomes and career transformations.Dive into this inspiring journey now, and uncover practical strategies and lessons for your own path to innovation and success – play the episode and start your transformative learning experience today!Resources: Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintCalling All Canadian Incorporated Business Owners & Investors:Consider reaching out to Kyle if you’ve been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, oReady to connect? Text us your comment including your phone number for a response! 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.
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Mar 20, 2024 • 34min

Salary or Dividends? How Should I Pay Myself To Minimize My Tax Burden?

Are you tired of paying more taxes than necessary when withdrawing money from your corporation?As a business owner, effectively managing your finances and understanding the tax implications of withdrawing money from your corporation is crucial. Whether you're considering salary or dividend payments, or looking for ways to shelter money from taxes, this podcast episode is tailored to your needs.Unlock the secrets to smarter financial decisions for your business – listen to this insightful episode now and start optimizing your corporate withdrawals!What you’ll learn: Gain Insights on Tax-Efficient Withdrawals: Learn the intricacies of choosing between salaries and dividends, and how each affects your tax obligations.Discover Wealth Retention Strategies: Understand how tools like permanent life insurance can help you shelter money from taxes and grow your wealth within the corporation.Expert Guidance for Financial Planning: Benefit from the shared expertise of Kyle and Jon on creating a compliant, tax-minimized retirement plan that ensures financial safety and maximizes leverage.Resources: Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintReady to connect? Text us your comment including your phone number for a response! 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.
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Mar 13, 2024 • 38min

Maximize Capital Flexibility & Minimize Income Tax When Designing Your Wealth Building Strategy Inside Your Canadian Corporation

Are you wondering if incorporating your Canadian business is the wealth-building powerhouse you expected, and how to navigate the complexities of corporate wealth management and tax saving strategies?This episode directly addresses the dilemmas faced by incorporated Canadian entrepreneurs and business owners, delving into effective wealth management strategies within a corporation. It's particularly relevant if you're seeking to maximize your company's financial potential while minimizing tax liabilities, a common goal for savvy Canadian business and investment professionals.Listen to this episode of Canadian Wealth Secrets now to transform your approach to corporate wealth management, unlock strategies for minimizing taxes, and learn how to effectively grow your wealth within your corporation.What you’ll learn: Uncover wealth management strategies specifically tailored for your corporation, guiding you beyond mere incorporation to effective financial growth.Learn how to significantly reduce your corporate tax burden, allowing more of your hard-earned money to contribute to your wealth. Discover methods to withdraw corporate dollars tax-free for life, a game-changer in personal and corporate financial planning.Resources: Book a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintReady to connect? Text us your comment including your phone number for a response! 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.
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Mar 6, 2024 • 45min

Become a Lazy Canadian Millionaire Investor. Learning Passive Income Secrets from Jim Chuong.

How can you retire early and gain time freedom you’ve been after since you started your wealth building journey?In today's fast-paced world, achieving financial independence and early retirement is a coveted goal for many, but it often feels out of reach.In this episode we speak with the Lazy Canadian Millionaire Investor: Jim Chuong. Jim retired at the age of 40 after building his investment and real estate portfolio to levels that allow him to live off of the cashflow. Jim’s here to help you discover the secrets to retiring early, mastering negotiation for wealth maximization, and unlocking pathways to financial freedom. We also dig into invaluable lessons that were never taught in school about working smart, not just hard, and how to leverage your time effectively to create more freedom in your life.Gain insights from Jim’s 30 years of investing experience and start your journey towards financial independence today.What you’ll learn: The two methods that allow you to retire early and buy your time freedom; How learning skills of negotiation is key to maximizing your wealth Which pathway will get you towards wealth and early retirement; Learn what our parents and teachers should have taught us but never did - how to work rich instead of work hard.How to increase time freedom by finding ways to do less and maximize leverage;Resources: Jim Chuong’s TikTok.com/@JimChuong | Instagram.com/Jim.Chuong | X.com/@JimChuongBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintCanadian Wealth SecrReady to connect? Text us your comment including your phone number for a response! 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.
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Feb 28, 2024 • 53min

Create Your Own Canadian Pension Plan So Good That Ontario Teachers’ Pension Plan (OTPP) Members Will Be Jealous!

Are you tired of hearing how amazing the Ontario Teachers’ Pension Plan (OTPP) is, leaving you feeling left on the sidelines for a comfortable retirement just because you’re a pensionless T4 employee, Canadian business owner, or entrepreneur?For the few industries that still provide Canadians defined benefit pension plans (DBPP), these sources of financial security in retirement are one of the major contributing factors that keep employees chained in their golden handcuffed careers. It is hard to blame the many Canadian employees for “sticking it out” when the company pension represents a financial safety net for life beyond your working years. Who would turn down the opportunity to earn an income into perpetuity after you “retire” so you can sleep a little easier at night.In this episode we’re going to teach you how to easily create your own safety net using a little known Canadian Wealth Secret surrounding a massively under-utilized financial tool that - when designed strategically - will make any retiree jealous!What You’ll Learn:Discover innovative wealth building strategies that give you the benefits of a guaranteed pension without many of the limitations that come with them.How creating your own “pension” can not only create financial security in retirement but also create a lasting financial legacy for future generations.Resources: Episode 54: How To Supercharge Your Emergency FundEpisode 45: Should I Invest In RRSP or TFSAEpisode 38: Clarifying Your Life’s Why So You Can Achieve Your Dream LifestyleBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Reach out to Jon to share some options.Follow/Connect with Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust Ready to connect? Text us your comment including your phone number for a response! 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.
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Feb 21, 2024 • 32min

Niche Down on Nicheing: Strategies for Sustainable Success For Canadian Investors & Entrepreneurs

If you have been successful in entrepreneurship, business, investing, or even life - but you aren’t actually clear on what you’re striving towards - it’s highly likely that you’ve just been lucky.The real question you need to ask yourself is: How long will your luck last if you continue to drift through your entrepreneurial daily ritual, aimlessly working without intentionality, without clarity, or without a clear goal in mind? As entrepreneurs, business owners, and investors, we are “go-getters” by nature and that can lead us to try to be all things to all people. In this episode you’re going to learn the most important element you need to take your wealth creation journey to the next level. The Canadian Wealth Secret Sauce for this episode is: Identify your niche and direct the vast majority of your time, energy, and thoughts towards serving those in that niche.We’re going to “niche down” on “niching down” in all aspects of entrepreneurship, business, finances, and life to help you determine how you can better direct your time, energy, and overall focus on becoming the expert you need to be for your niche. What you’ll learn: Why much of the success that we as entrepreneurs, business owners, and investors achieve can often be attributed to luck;Why your natural drive to be all things to all people is actually holding you back from even greater success in your business be it active or passive;How to avoid the feeling of “ditching” some potential clients you could help or “missing out” on investment opportunities that fall outside of your identified niche; and,Why becoming the “authority” in a very specialized niche with a more narrow base of clients, deals, or opportunities will lead you to much greater levels of entrepreneurial or investor success.Resources: Episode 45: Why Going 10x Is Easier Than 2xEpisode 38: Clarifying Your Life’s Why So You Can Achieve Your Dream LifestyleBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!Looking for a new mortgage, renewal, refinance, or HELOC? Ready to connect? Text us your comment including your phone number for a response! 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.
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Feb 14, 2024 • 28min

How To Choose The Right Kind Of Life Insurance for Canadian Entrepreneurs

Choosing between term and permanent life insurance for Canadian entrepreneurs or business owners can be as pivotal as deciding between renting and owning a home. This episode is crucial for anyone looking to make informed decisions about their financial security, legacy planning, and long-term wealth, especially if you are a business owner, real estate investor, or Canadian entrepreneur interested in personal financial planning.What you’ll learn: Understand the fundamental differences between term and permanent life insurance through a clear, relatable analogy.Gain insights into why owning a home isn't always the best financial decision for every Canadian, mirroring the considerations in choosing the right life insurance.Learn tailored strategies for different financial situations, whether you're a low-income earner beginning to save for retirement or a business owner focusing on legacy planning and tax efficiencies.Resources: Episode 54: How To Supercharge Your Emergency FundBook a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journeyFollow Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintIn this episode, you'll learn about infinite banking concept by Nelson Nash or Bank On Yourself as shared by Pamela Yellen along with some of the reasons why we aren't going to become Authorized Infinite Banking Practictioners by The Nelson Nash Institute. While our philosophy includes many of the amazing features and benefits of participating whole life insurance shared by Infinite Banking or Bank on Yourself enthusiasts, we utilize policy loans and collateralizing the cash value of whole life policies for asset accumulation and income tax minimization - not to replace bankers. Listen in to this episode to learn how we do it and why we don't adhere to all of the infinite banking "rules."Ready to connect? Text us your comment including your phone number for a response! 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.
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Feb 7, 2024 • 39min

How to be a Canadian Real Estate Entrepreneur - An Interview with Elizabeth Kelly

The unspoken challenges of real estate investing in today's market needs to be your number one concern. In this episode Elizabeth Kelly, a seasoned real estate investor and coach, reveals the often-overlooked realities and struggles of being a Canadian Real Estate Entrepreneur. Whether you're a budding investor feeling overwhelmed by the complexities of the 2024 real estate market, or an entrepreneur seeking long-term success, stick with us because in this episode you’ll discover the importance of maintaining curiosity in your entrepreneurial journey and how it can be a key driver of success and learn how to leverage knowledge and education in real estate investing to make informed, profitable decisions.Don't miss this opportunity to elevate your real estate investing game – listen to our latest episode with Elizabeth Kelly for expert insights and actionable advice!You’ll learnThe harsh realities of life as a real estate investor or a real estate entrepreneur; The biggest struggle beginning real estate investors face in 2024; How to gain clarity and perspective in real estate investing;Why staying curious as long as you can will lead to entrepreneurial success; and, Why understanding the power of knowledge and education is key to success in entrepreneurship and investing;Resources: Instagram @elizabethkellyconsultingElizabeth Kelly ConsultingBook a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journeyFollow Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintLet’s Connect For A Discovery Call!For those interested in having a review of your financial wealth plan, learning more about potential joint venture (JV) opportunities, or a mortgage review, book a free discovery call now.Ready to connect? Text us your comment including your phone number for a response! 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.
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Jan 31, 2024 • 26min

Variable Rate or Fixed Rate? Which Option Is Your Best Investment In The Canadian Housing Market?

The big question on the mind of many Canadian homeowners minds these days revolves around interest rates. With the Bank of Canada’s overnight interest rate popping significantly over the last two years, homeowners with a mortgage are wondering what is their next move. While those whose fixed interest rate mortgage might be coming up for renewal over the next 6-18 months might be wondering what their next move is, those who took on a variable rate mortgage over the past few years are wondering what they should do now.You’ll learnShould you lock-in a variable rate mortgage or a fixed rate now, later this year, or never?How and why interest rates have spiked so high, so fast comparatively to the past and where might we be going next? And how can you select the best mortgage terms for your personality and financial situation? Resources: A Timeline of Bank of Canada Rate Hikes [BNN Bloomberg]The topic of this episode was originally covered on our social media channels on Facebook, LinkedIn, Instagram, and Twitter.Book a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journeyFollow Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintLet’s Connect For A Discovery Call!For those interested in having a review of your financial wealth plan, learning more about potential joint venture (JV) opportunities, or a mortgage review, book a free discoReady to connect? Text us your comment including your phone number for a response! 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.
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Jan 24, 2024 • 31min

“THE” Canadian Investment Strategy PROVEN to Build Generational Wealth

How would you feel if you could be given “THE” Investment Strategy PROVEN to Build Generational Wealth so your legacy lasts well beyond your time here in this world? Well, we’ve got you covered. Today, we’re going to unpack what Morgan Housel, author of The Psychology of Money has proven to be the most important factors to build generational wealth that lasts - AND it does not require taking “home run swings” at investments that promise 20% returns with questionable safety of capital. In this episode we’re going to: unpack a Canadian Wealth Secret that is the most important factor when creating your wealth plan;share the biggest risk to the success of your Canadian wealth building journey; and, help you get started implementing this investment strategy that will ultimately lead you to the investment portfolio that will grant you not only financial security you’re seeking, but also the time freedom that comes along with it.Resources: My First $100 Million podcast | The Investment Strategy to Build Generational WealthSame as Ever [Book] The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness [Book] Book a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journeyFollow Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintInterested in Joint Venture Opportunities?For those interested in being considered for potential Joint Venture (JV) opportunities, reach out to us here.Get in touch with Kyle to review your financial situation through a discovery call.Ready to connect? Text us your comment including your phone number for a response! 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.

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