Oct 28, 2018

Episode 13 – Unaffordable housing

 

Key Points From This Episode:

  • Getting into the DFA advanced conference [0:01:58]

  • Cancelling whole life insurance [0:05:05]

  • When permanent insurance makes sense [0:07:55]

  • Unaffordable housing in Canada [0:10:55]

  • Housing bubbles? [0:11:57]

  • Bridging the gap with a HELOC [0:13:00]

  • Undervalued financial advice [0:17:30]

  • Money does not buy happiness [0:17:57]

  • Defining a lifestyle [0:23:25]

  • Walking to work [0:24:10]

  • Active funds are still underperforming [0:24:34]

  • Missing out on the best stocks [0:25:15]

 


 

Books From Today’s Episode:

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

Fortune’s Children: The Fall of the House of Vanderbilthttps://amzn.to/32D2rjL

The Four Agreements: A Practical Guide to Personal Freedomhttps://amzn.to/32z5vNC

Mindset: The New Psychology of Successhttps://amzn.to/2ZZZ84v

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

‘Housing Trends and Affordability’ — http://www.rbc.com/newsroom/_assets-custom/pdf/house-sep2018.pdf

‘UBS Global Real Estate Bubble Index 2018’ — https://www.ubs.com/global/en/wealth-management/chief-investment-office/our-research/life-goals/2018/global-real-estate-bubble-index-2018.html

‘It’s officially normal to have a big, fat balance on your line of credit’ — https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-its-officially-normal-to-have-big-fat-balance-on-your-line-of-credit/

‘Stock Pickers Struggle to Beat Index Funds Once Again’ — https://www.wsj.com/articles/stock-pickers-struggle-to-beat-index-funds-once-again-1538218801

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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