Beat The Odds #24 - What Canadian Banks Don't Want You To Know
Вставка
- Опубліковано 18 лис 2024
- 73% of all the assets in Canada are owned by the top 20% of Canadians. This podcast is dedicated to helping you #beattheodds at business and wealth in Canada.
In this episode we talk about what the Canadian banks are not telling the customers that they provide investment advice to.
To learn more about the wealth building strategies used by the top 20% and top 1% of Canadians, reserve your seat for our next #beattheodds bootcamp:
spurrell.ca/bu...
Or book a consult at:
spurrell.ca/
I'm up 50% annually for the 3 years investing myself. Zero management fees. Took control of the RESP too, it's up 20% in 6 mo.
When I retired, I took my pension out of the fund and put it with the credit union. Four years later the markets went down and the average return was 5% a year. Transferred my pension out and did it myself and total return is now up 41% in less than 2 years. Also getting monthly dividends between 12 and 23 %.
For those of us who bought before ETFs became popular, we are stuck with capital gains if we sell. And I don't have the time to sell or move from the banking to the direct investing side. There's a good chance they are going to make a mistake. I don't have enough fingers to count how many times my bank made mistakes. But ... bonds are going to perform better with easing interest rates
MSTR Microstrategy is 600% in last year.
Don🎉buy realstate, buy Bitcoin.
Banks are 😮