Build Wealth Canada Podcast - Personal Finance Mastery

As one of Canada’s youngest retirees at the age of 32, and after becoming mortgage-free at 29, Kornel interviews the top financial experts in Canada to help you optimize your investments, reduce your taxes, and help you accelerate your journey towards financial independence and early retirement. He also shares his own experiences and lessons learned in investing and as an early retiree and member of the FIRE (Financial Independence, Retire Early) movement to help you optimize your finances, specifically here in Canada.

39:50 2022-05-12
Sponsored by RBC Insurance Listen to it on iTunes. Listen to it on Spotify. Listen to it on Google Podcasts. Download as an MP3 here When it comes to the safe portion of our portfolio, we’ve talked about GICs and high-interest savings accounts befor...
54:43 2022-01-26
If you’re working with a good certified financial planner here in Canada (a CFP), there are specific categories that they should be helping you optimize. According to FP Canada, which is the organization that issues the Certified Financial Planning desi...
22:09:36 2021-11-02
Today we’re going to have a two-part episode. Part 1 will be about the lessons that I’ve learned after being either fully retired, or semi-retired for the past 5 years. I definitely made some mistakes both during retirement and leading up to retiremen...
22:19:26 2021-09-20
This episode is with Arian Beyzaei, the Vice President of Enriched Academy, a financial literacy educator, and one of the most successful companies to be featured on the show Dragon’s Den.  Over the past 6 years, Arian has travelled around the country ...
51:21 2021-07-21
Today we’re going to focus on how to best track your investments, as well as your net worth. This is of course critical, as you need this data to determine: 1. How much more do you need to be financially independent and retire? 2. Whether you are trendi...
22:15:56 2021-06-16
In today’s episode, we’re going to cover the top ETFs in Canada, specifically for Canadian investors. These findings are based on 8 experts in this field who are part of the Best ETFs in Canada Guide which is published annually on MoneySense and writt...
22:04:04 2021-05-19
More than half of Canadian adults don’t have a will which can cause additional legal costs, family conflict, and unnecessary legal battles.  Unfortunately getting a will done is very easy to procrastinate on as it can be a hassle to set up meetings wit...
22:41:03 2021-04-15
Whether you’ve already done your taxes for the year or not, I wanted to dedicate this episode to the tax optimizations that you can do to save tax not only this year, but for future years as well.  To help me with this, I’ve brought on accountant Nea...
50:03 2021-03-16
With fixed mortgage rates finally beginning to increase in Canada, many Canadians are wondering whether they should be locking in their mortgage rate in case interest rates continue to climb. We also cover whether you can lock-in a mortgage rate now, and ...
22:14:52 2021-02-17
One of my favourite things to do on the show is to interview other early retirees, especially those in Canada to learn how they did it, and really dissect their journey to financial independence and/or early retirement.  No matter where you are on your f...
22:26:34 2021-01-12
Today we have Robb Engen on the show who is the creator of one of the most respected personal finance blogs in Canada over at Boomer and Echo. He’s been writing about personal finance and investing on the blog for more than 10 years, and he’s also a f...
22:23:52 2020-12-02
In this episode, we’re going to cover how you can retire early, or at the very least, semi-retire early so that you have more time for friends, family and recreation. My guest for this month is Mark Seed, who instead of rushing to achieve some giant inv...
22:17:54 2020-10-29
Today we’re going to try something a little different in that I’m going to split today’s episode into two sections, covering two different subjects:  First, we’re going to cover some questions that I’ve received from listeners of the show and f...
33:43 2020-09-22
​Whenever we talk about investments, saving for retirement, and early retirement, the subject of diversification always comes up, and for good reason. We obviously don’t want all our eggs in one basket.  But what if we applied that concept to our inc...
22:26:31 2020-08-25
Today I have Jessica Moorhouse on the show, who is an Accredited Financial Counsellor, an award-winning blogger, the host of the ‘Mo Money Podcast, and the founder of the Millennial Money Meetup. You might have also seen her on CBC News, The Globe and M...
40:06 2020-07-28
Your credit score is a very important thing to manage as it lets you get the lowest possible rates on your mortgage, car loans, lines of credit, and any other debt that you may wish to take on now and in the future. In Canada, the best loans with the best...
22:44:21 2020-06-23
Today we’re going to cover how you can best automate the management of your investment portfolio, while still paying the lowest possible fees. We also share best practices when it comes to sticking to your investment plan. To help us discuss this, I hav...
22:07:08 2020-05-21
In this episode, we cover the types of debt tools available to us Canadians, and how to get the lowest rate on them. In other words, what debt options do we have in our Canadian toolbox that we can potentially use, and what are the pros and cons of each? ...
22:06:08 2020-04-17
There’s been a lot of new programs and initiatives put in place by the Canadian government due to COVID-19 to help you financially. In this episode, I’m going to take you through what’s out there so that you can make sure you don’t miss out on som...
31:40 2020-03-18
A lot has been happening with the significant stock market declines and coronavirus, so I’ve been getting lots of questions such as: How am I adapting our portfolio and investment strategy to these declines? Should we be buying into the market at these ...
29:17 2020-02-11
I recently realized that I haven’t really provided an update on our early retirement story and more importantly, the lessons learned from it so far. Therefore my goal for this episode is to share with you what we did wrong and what I think we did right,...
22:12:37 2020-01-09
Today we’re going to cover some of the top financial questions asked by Canadians, including the number one question, “Am I saving enough for retirement?”. The way we came up with these questions, is that as you may know, the fee-for-service financi...
22:42:58 2019-12-03
In this episode, we talk about how we can set our investments up so that we can live off them in retirement (whether it’s a traditional retirement or early retirement). We also cover the important subject of how to stress-test our investment portfolio s...
22:14:01 2019-10-30
Today we have insurance industry insider, Laura McKay on the show, who reveals some of the top tricks and tactics used in the insurance industry, to keep us overpaying.  She covers what to look out for, and what we can actually do on our end to make sure...
22:38:37 2019-09-20
Our guest today is Jason Heath, CFP who has been providing fee-only, advice-only financial planning since 2001 and is one of Canada’s best-known fee-only financial planners. He is currently a personal finance columnist for the Financial Post, MoneySense...
22:12:07 2019-08-21
Today we have Meghan Chomut on the show who is a financial planner specializing in real estate for both your primary residence and rental properties. She has also personally done property flipping before so I thought it would be great to have her on the s...
22:39:59 2019-07-16
Today we have Kristy and Bryce on the show who are Canada’s youngest retirees. Kristy retired at 31 while Bryce was 32, and today I pick their brains on how they pulled it off, how they invest, and how they structured their investment portfolio to ensur...
22:14:15 2019-05-27
House hunting season has officially begun, so I thought it would be a good idea to have an insider from the mortgage industry on the show to learn some tops tips on getting the lowest possible mortgage rate, whether you are looking for a new mortgage, or ...
53:49 2019-05-06
A common problem that holds some Canadians back from paying the lowest possible fees in investing by becoming a DIY (do-it-yourself) investor, is that it does take a bit of learning and practice. Also since we’re not taught this in school, it can be int...
22:00:59 2019-04-08
Today I have the creator of the TFSA on the show who shares his best TFSA tips and strategies, while also discussing his initiative to enhance financial literacy in Canada. His name is Kevin McCarthy, and while working in Ottawa, Kevin was responsible for...
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