Canadian Wealth Secrets
Kyle Pearce, Jon Orr
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.
Episodes
Mentioned books
Apr 26, 2023 • 38min
Being Creative to Create Wealth [Part 2]
When you feel like you don’t have any wiggle room to start your wealth-building fund and you’re ready to throw in the towel on the dream of becoming financially free then you better listen up! In this episode Kyle and Jon introduce one of many creative solutions to creating a pathway to wealth and your financial freedom. What you’ll learn: How you can creatively design deals that help achieve the goals of all people involved;How you can help build your personal wealth while helping your family members; and,How you can break free of the traditional banking system.Resources: Die With Zero [Book] - Bill PerkinsBecoming Your Own Banker [Book] - R. Nelson NashThe Invested Teacher Wealth Building BooklistRetirement Planning SpreadsheetDownload our Wealth Building BlueprintInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Apr 19, 2023 • 27min
Being Creative to Create Wealth [Part 1]
When you feel like you don’t have any wiggle room to start your wealth-building fund and you’re ready to throw in the towel on the dream of becoming financially free then you better listen up! In this episode Kyle and Jon introduce one of many creative solutions to creating a pathway to wealth and your financial freedom. What you’ll learn: How you can creatively design deals that help achieve the goals of all people involved;How you can help build your personal wealth while helping your family members; and,How you can break free of the traditional banking system.Resources: Die With Zero [Book] - Bill PerkinsBecoming Your Own Banker [Book] - R. Nelson NashThe Invested Teacher Wealth Building BooklistRetirement Planning SpreadsheetDownload our Wealth Building BlueprintInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Apr 12, 2023 • 45min
You Paid Off Your Mortgage? Now What?
In this episode we explore a scenario in which Matt has the option of completely paying off the mortgage of his next personal residence. He wonders aloud how best to approach having funds to invest with the financial peace of mind that comes with paying off one’s mortgage. Kyle and Jon share some incredibly creative ideas on how to maintain financial flexibility while enjoying the comfort of having a minimal mortgage.What you’ll learn: Should I pay off my mortgage in full?What happens after my mortgage is paid in full? What options do I have?What amount of a split between HELOC and traditional mortgage is optimal for me?Should I choose a variable mortgage rate or fixed rate in this economic climate?How do I diversify my investment portfolio for my personal situation?Resources: The Invested Teacher Wealth Building BooklistRetirement Planning SpreadsheetDownload our Wealth Building BlueprintInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Apr 5, 2023 • 50min
Analyze An 11-Unit Multi-Family Property With Us
How confident are you on running the numbers on a prospective deal? The more deals you analyze the better equipped you’ll be when the right deal comes along. Join Kyle and Jon in this episode as they review a deal that came across their desk for an 11-unit multi-family property in real time. What should you look for in a good deal? How should you run the numbers? Good deals are not found, they’re made so toss in your earbuds and let’s get to work. What you’ll learn: How to determine if a deal is worth it when looking at the numbers including cash on cash return, return on investment (ROI), capitalization rate (Cap Rate) and more;What should you be looking for to get a good property? How do you know if you should reject a property when analyzing?Resources: Property Analyzer TrainingRetirement Planning SpreadsheetDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Mar 29, 2023 • 39min
No Flipping Way! - The Case Against Flipping in Real Estate
While flipping is one of the most popularized and commonly discussed real estate investing strategies, it’s one that we actively avoid. In this episode, we share our experiences with past flips and some of the challenges and complications that make them one of our least preferred strategies. We’ll discuss the flipping variables to be aware of and if you are pursuing this strategy, what you can do to help ensure your success.What you’ll learn: Why the unexpected or expected variables in flipping are not worth your trouble; Where can I earn a better return on my investment than real estate flipping? Why you should consider the Iron Triangle when making decisions; and,Why we think rental real estate is OUR bread and butter investment strategy.Resources: Property Analyzer SpreadsheetRetirement Planning SpreadsheetDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Mar 22, 2023 • 54min
Crunching The Numbers For Retirement: How Much Do I Need To Retire?
Now that we’ve taken some time in the last episode to discuss what your retirement is going to look like and even gave you some homework for what you might want to think about as you look down the road, we will dive deeper down the retirement rabbithole to crunch some numbers for retirement.Stick around as Jon and Kyle geek out on the numbers when they jump into a spreadsheet and play with the magic of compound interest and the silver bullets of real estate for those who have defined pension plans all the way to those who are left to plan it all on their own. Don’t worry, Matt wasn’t hurt in this episode.What you’ll learn: How much money do I need to retire at 55? …at 65? Am I on track to have enough money to retire and feel financially free? What strategies can help me grow my planned retirement amounts to live the lifestyle of my dreams?Tax benefits of borrowing against your rental property to defer capital gains taxes; and, Should I invest in real estate or invest in the stock market when it comes to growing my retirement nest egg?Resources: Retirement Planning SpreadsheetDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Mar 15, 2023 • 42min
What’s Your Retirement Going to Look Like?
In this episode Jon, Matt, and Kyle discuss various retirement projections and scenarios for people who have defined benefit pension plans, with set retirement dates and incomes. They discuss some prompts for deeper thinking around what retirement might look like; how much money people might expect to have in retirement, and whether it will be enough to support their projected lifestyle in retirement, as well as discuss how some investment ideas might enhance one’s financial outlook in retirement.What you’ll learn: How to do some deeper thinking to envision what retirement might look like for you and your family;Financial projections for what retirement might look like for people with defined benefit pension plans vs. those who are left to fend for themselves;How much retirement savings you might realistically need in retirement to support your projected lifestyle and financial needs; and,Potential ideas to enhance your income in retirement through investing.Resources: Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistDie With Zero [Book]Interested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Mar 8, 2023 • 56min
Who Should Be On Your Team? Hurdles to Buying Real Estate Investment Property - Part 4
A common barrier that prevents investors from getting into real estate is thinking that they have to do everything themselves. If you think you have to find the right property, find the right financial backing, manage the books, and answer those midnight calls to fix that broken water heater then you’re thinking about this the wrong way. Listen in as we outline who to arrange on your real estate investment team so you can build your wealth as passively as you can. What you’ll learn: Why having a power team of experts to support your investing can help avoid potential problems and ensure your success;What categories of power team members to seek out and what their specific roles are; What questions to ask potential Realtors, Lawyers, Accountants and Property Managers to ensure they are a good fit for your team; and,How to prepare an info package that will help you talk with potential lenders. Resources: Grasshopper - Virtual Phone System [Promo Code Coming Soon]Partner with Invested TeacherDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistTop Dividend AristocratsInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Mar 1, 2023 • 58min
How To Analyze A Deal with Technicals: Hurdles To Real Estate Investing - Part 3
Choosing the right deal for buying an investment property can be a major hurdle for new and experienced investors, but it doesn't have to be. How do you analyze a property by the numbers so you can feel confident to either move forward or toss the deal away and move on to the next one? In today’s episode, we’ll continue our Hurdles to Real Estate Investing series by digging into Kyle’s favourite part of the rental property analysis process: the technicals!What you’ll learn: How to determine if a deal is worth it when looking at the numbers including cash on cash return, return on investment (ROI), capitalization rate (Cap Rate) and more;Questions you should be asking selling agents of investment properties;What expenses that listing agents often leave out;Why you should look at the “3 Silver Bullets” when analyzing a deal; and,Why a deal isn’t dead just because the numbers don’t seem to be making sense.Resources: Invested Teacher Property Analyzer SpreadsheetZumper.comEnter the Invested Teacher GiveawayDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
Feb 22, 2023 • 51min
Fundamentals To Finding The Right Deal - Hurdles To Real Estate Investment - Part 2
Let’s continue the conversation around the barriers to investing in real estate. After the last episode where we explored an overview of some hurdles including financial and financing considerations, we take a deep dive into the fundamentals that we explore when searching for new properties to add to our real estate portfolio. Turn up the volume and toss that phone in your pocket, because we are going to dig in and clear up some common barriers related to real estate fundamentals.What you’ll learn: Where you should be looking for rental properties; How to decide what type of property is right for you;What kind of neighbourhood should I be looking in to maximize my investment;Why we need to know about the 0.1% rule; and, Is it better if the property already has tenants or is vacant?Resources: Realtor.ca https://investedteacher.com/listingsScreen Your Tenants with Front Lobby Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.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.
