Why does coffee taste better when you pay with cash? How did a victim of human trafficking take her knowledge of how the money flows in that world to become a law enforcement consultant? How does an economist think about Bitcoin? There's so much more to money than just investment portfolios.Mostly Money not only teaches you how to take control of your finances, it explores the full world of all things money with expert interviews conducted by Preet Banerjee (former television host for Oprah Winfrey).
101: Using exchange-traded funds to build or improve portfolios with Kevin Prins from BMO ETFs
This episode is sponsored by BMO ETFs #ad
I speak with Kevin Prins from BMO Global Asset Management about how ETFs can be used for building and improving almost any investor's portfolio. Specific topics covered:
What are asset allocation ETFs?ETF issuers have large voting rights - how do they vote at AGMs for all the companies' stocks that they hold on behalf of investors?For people who do not subscribe to the philosophy of a couch potato portfolio, how can they still use ETFs?And more...To learn more about BMO ETFs full suite of offerings visit https://bit.ly/3mA0Nbs
To learn more about BMO Asset Allocation ETFs visit https://bit.ly/3Angdok
Specific resources mentioned in the episode:
BMO Global Asset Management's responsible investment review: https://www.bmogam.com/uploads/2021/09/e704ba9fcbadb851004de49131e2a42f/ri_annual_review_canada_en.pdf
Asset Allocation 101: https://bmogamhub.com/system/files/asset_allocation_index_etfs_whitepaper-_direct_channel.pdf?file=1&type=node&id=107518
ETF Tools/Screeners/Proposal builders: https://www.bmogam.com/ca-en/investors/learning-centre/etf-investing-basics/etf-tools-and-resources/
100: Peter Mansbridge - Off the Record
Welcome to the 100th and final episode, at least for a while, of Mostly Money.
I wanted to have a special guest for this send off show, and I don’t think I can top who offered to help me out. You know when people say, our next guest needs no introduction? That is actually true in this case. He is a Canadian icon. A broadcasting legend. This guy walks into a room and time stops. And let me tell you, it really is an honour that the one and only Peter Mansbridge is my special guest today.
With 50 years at the CBC, culminating in the top job, anchor of The National for many of those years, he’s seen a lot. I wanted to ask him a bit about what life is like inside a major network news department, but I also wanted to tap into the stories behind the stories of some of the big financial events in Canada - past elections, and budgets, the story behind how the GST was introduced, and more.
This ties in nicely as he has a new book available for pre-sales, releasing October 5th, 2021 titled "Off the Record", in which Peter tells you the stories behind the biggest stories of our lives. I've already ordered my copy, and I just know I'll be hearing Peter's distinctive voice in my head as I read it, and I can't wait.
New book - "Off the Record"
Peter's website - ThePeterMansbridge.com
Twitter account - @petermansbridge
Instagram - @thepetermansbridge
99: Cait Flanders on the Adventures in Opting Out
Cait Flanders is back. Previously my guest on episode 63 in March of 2018, she is the author of Wall Street Journal bestseller, THE YEAR OF LESS. Described by Vogue magazine as “a fascinating look into a living experiment that we can all learn from,” it has been translated into 10 languages, and sold more than 190,000 copies.
Her new book, ADVENTURES IN OPTING OUT, is a field guide to opting out of expectations, changing paths, and leading a more intentional life.
Cait joins me again to talk about how her life has changed since writing her first best selling book, and explains what her newest book is all about.
98: Does ESG investing lead to better returns for investors?
You’ve likely heard terms like ESG investing, sustainable investing, impact investing, socially responsible investing and others. But are they all the same? Today’s guest is the head of ESG at Research Affiliates. And we’re going to tackle some important questions:
Does ESG lead to better returns for investors? If you don’t invest in ESG tilted portfolios, are you against the environment, or social and governance goals? Who determines whether a portfolio or investment is ESG compliant? Is it too subjective? All that and much more on this episode of Mostly Money with guest Ari Polychronopoulos of Research Affiliates.
Research Affiliates' website
Research Affiliates on Twitter: @RA_Insights
1. Is ESG a factor in returns?
2. What a difference an ESG ratings provider makes
97: Ben Rabidoux on how Housing defied the worst economic downturn in history
What explains the meteoric rise in Canadian home prices off of a backdrop of 3 million jobs initially lost back in early 2020 with many businesses forced to be shut down and with lockdown, after lockdown?
Well if there’s one person who can help answer that question, you know it’s Ben Rabidoux. He’s going to dive deep into a number of factors that, taken together, may help you figure out what’s been happening. Here’s just a sample of the topics we cover in this episode:
Most of the people who lost their jobs weren’t in a position to buy in the first placeThose who were, tended to see their financial situations improve during the pandemicLower interest rates have further increased debt servicing abilityPopulation dynamics negatively affected the rental market more than the resale marketChanging consumer preferences, and so much more. Grab your popcorn, because Ben Rabidoux is going to enlighten and entertain you in this episode of Mostly Money.
Ben Rabidoux is the President of North Cove Advisors, a Canadian research firm that works exclusively with institutional investors around the world, by providing coverage of Canadian housing, macroeconomic and household credit trends. He has also just launched a new firm, Edge Realty Analytics, that provides market intelligence to real estate industry professionals. You can learn more at EdgeAnalytics.ca.
Edge Realty Analytics: https://edgeanalytics.ca/
North Cove Advisors: https://northcove.net/
96: A psychiatrist's perspective on financial decision making under acute or chronic stress
In this episode, you’re going to hear from a psychiatrist on a number of topics directly and tangentially related to finances and financial decision making. Later in the episode we talk about some financial behaviours under acute mental distress, a number of various pathways that lead to hoarding behaviours, and more. But we also discuss the effects of chronic decision fatigue, burnout, and corona insomnia that almost everyone seems to be experiencing. And I need to point out that today’s guest, Dr. Ajmal Razmy is one of my very best friends. We studied neuroscience together during our undergrad days at UofT and he continued with his masters and medical school, whereas I, after my last undergraduate exam, went to auto-racing school.
Dr. Razmy is a psychiatrist and mental health specialist at Cleveland Clinic Canada with a background in healthcare with a special interest in sleep medicine and hospital administration. He is currently a practicing psychiatrist and Head of Service (HoS) for Mental Health at Joseph Brant Hospital with a focus on acute care psychiatry. In the HoS role, he is helping lead Burlington’s mental health response to the novel Coronavirus across the hospital and community systems. Prior to this role, he worked at Trillium Health Partners, where he was the Service Medical Director for Acute Care Psychiatry, and has also served as a psychiatry member of the Consent and Capacity Board of Ontario.
Cleveland Clinic: https://my.clevelandclinic.org/canada/staff/razmy-ajmal
Miss hearing your voice already, Preet!
So sad to hear you are turning your mic off for a while. Safe travels across the pond!
When I’m not listening to Tim, I’m listening to Preet
Informative and engaging
Preet has a talent for explaining complex financial topics in an easy-to-understand and engaging way. He’s also an excellent interviewer with an amazing “radio voice”. Highly recommended!