Aug 08, 2018

Episode 1: The Cheapest Advice Probably isn’t the Best

The Rational Reminder Podcast is a weekly podcast on sensible investing and financial decision-making. The podcast is hosted by Benjamin Felix and Cameron Passmore, Portfolio Manager at PWL Capital in Canada. Each week we discuss topics related to personal finance, investing, behavior, and financial markets with the intention of making our listeners better, more rational investors.

Key Points From This Episode:

  • The purpose of the podcast [0:00:00]

  • How we invest [0:01:12]

  • DFA [0:02:57]

  • Factor investing [0:07:09]

  • Our worst investment ever [0:07:29]

  • Tripling our money in JDS [0:08:52]

  • Hedge funds still can’t beat the market [0:09:38]

  • CSA won’t deploy a statutory best interest standard [0:17:26]

  • The cheapest financial advice may not be the best [0:20:52]

  • Is a financial advisor worth it? [0:22:07]

  • Cost vs. complexity [0:27:09]

 


Links From Today’s Episode:

Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.

Rational Reminder Website — https://rationalreminder.ca/

Shop Merch — https://shop.rationalreminder.ca/

Join the Community — https://community.rationalreminder.ca/

Follow us on Twitter — https://twitter.com/RationalRemind

Follow us on Instagram — @rationalreminder

Benjamin on Twitter — https://twitter.com/benjaminwfelix

Cameron on Twitter — https://twitter.com/CameronPassmore

‘Dave Butler Discusses Finance and Basketball’ —https://www.bloomberg.com/news/audio/2018-07-13/dave-butler-discusses-finance-and-basketball

‘Hedge Funds Should Be Thriving Right Now. They Aren’t.’ — https://www.nytimes.com/2018/07/12/business/hedge-funds.html

‘It just became clear we’ll never see an investment industry where clients must come first’ —https://www.theglobeandmail.com/investing/personal-finance/article-well-never-see-an-investment-industry-where-clients-must-come-first/

‘Why hiring an adviser who’s offering low fees could be a terrible move for your finances’ — https://www.theglobeandmail.com/investing/markets/inside-the-market/article-look-for-investment-advisers-who-earn-their-fees-not-cut-their-fees/

‘Millennial looking to start investing asks: Should I go with Wealthsimple?’ — https://www.theglobeandmail.com/investing/personal-finance/gen-y-money/article-millennial-looking-to-start-investing-asks-should-i-go-with/

About The Author
Cameron Passmore
Cameron Passmore

Cameron Passmore has been a leading advocate for evidence-based, systemic investing for over 20 years in the Ottawa area. Today, Cameron and his team serve a broad range of affluent clients across Canada.

Benjamin Felix
Benjamin Felix

Benjamin is co-host of the Rational Reminder Podcast and the host of a popular YouTube series.

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