Sep 20, 2018

Episode 10: Keep the deferred sales charge, more for us

This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making for Canadians.

Key Points From This Episode:

  • Grass fed beef [0:01:22]

  • The benefits of independence [0:05:27]

  • The Ontario government wants to keep the deferred sales charge (DSC) [0:07:01]

  • DSC back in the day [0:07:48]

  • The old financial advice model [0:17:19]

  • DIY investors are responsible for their decisions [0:20:51]

  • 1/3 of people say money is their biggest stressor [0:24:01]

  • Locus of control [0:26:42]

  • A better way to invest responsibly [0:32:11]


Books From Today’s Episode:

Smarter, Faster, Better: The Secrets of Being Productive https://amzn.to/2zG3VNR

The Wealthy Barber: The Common Sense Guide to Successful Financial Planninghttps://amzn.to/3izWucC

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

‘Investment industry stunned as Ontario opposes proposed ban on mutual fund early-withdrawal fees’ — https://www.theglobeandmail.com/investing/article-ontario-opposes-proposed-ban-on-deferred-fees-for-funds/

‘Ontario’s Ford government is shamefully backing the investment industry over investors’ — https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-governments-deal-a-one-two-punch-to-consumer-protection/

‘Advocis Welcomes Statement from Minister Fedel’ — https://www.advocis.ca/pdf/Advocis-Response-to-ONT-MIN-Finance.pdf

‘Controversial commissions: DIY investors fight back against trailer fees’ — https://www.cbc.ca/news/business/do-it-yourself-investors-charged-trailing-commissions-for-no-advice-1.4820813

‘Busting the RI performance myth’ — https://www.investmentexecutive.com/inside-track_/dustyn-lanz/busting-the-ri-performance-myth

‘Responsible/ESG Investing’ — https://csinvesting.ca/blog/2018/9/12/responsibleesg-investing

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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