Max Ming

[Max Ming @m_ming16]

@TrevohChalobah Thanks Trev!

[Max Ming @m_ming16]

@hollhypeman lol not tonight. I’d say it was at most 10% leafs fans. Prob less

[Jason Evans, CFP® @Jason_A_Evans]

Thinking about retirement?

Check out these great threads by 10 Canadian financial and tax advisors: ⬇️

[Benjamin Felix @benjaminfelix]

Dealing with uncertainty is an important skill for investors.

-Look at your investments less frequently.

-Automate or delegate your portfolio management process.

-Put what the financial media say in perspective.

-Get an outside view.

https://t.co/m8hSLTnhot

[Max Ming @m_ming16]

@jasonpereira Crazy

[Morgan Housel @morganhousel]

Three legal investment strategies:

- Be smarter than others
- Be luckier than others
- Be more patient than others

That’s the whole list.

[Max Ming @m_ming16]

We always enjoy hosting this webinar!
If you're curious to learn more, join us @ https://t.co/EiM5i9j1if

[Max Ming @m_ming16]

@CGWM_Muhs @viclough Agreed, for many deferring CPP/OAS shortens your planning “window” for some assets.
If there’s ever a chance you’ll run out of money, view CPP/OAS as an insurance policy against living too long.

[Max Ming @m_ming16]

@jbrendanfrazier So who are you? Tell me your story.

[Ben Carlson @awealthofcs]

Find the Torture You’re Comfortable With

https://t.co/QGlv9kaucK

[Max Ming @m_ming16]

@LichtmanSamuel Tells you something about some of the “advice” out there if these emails can generate sales…

[Max Ming @m_ming16]

@MarkMcGrathCFP @STANDUP_Today @TPP_MD If the perceived value of your relationship was built on those services, I’d imagine it becomes a tough pivot (at least physiologically.. FWIW our statements would look similar Mark

[Jordan | The Wealth Letters @WealthLetters]

One of the greatest personal finance writers today: @morganhousel

He’s sold 2 million copies of his book, The Psychology of Money.

And in 2020, he wrote a letter to his daughter sharing 9 lessons about money and life:

[Max Ming @m_ming16]

@jasonpereira I like the framing with default age of 70... so many people don't understand the impact of their decision

[Max Ming @m_ming16]

@MarkMcGrathCFP Congrats! Get a good nights sleep lol

[Ben Carlson @awealthofcs]

Will AI Replace Financial Advisors?

https://t.co/JW53X1h38j

[Max Ming @m_ming16]

Great reminder in financial services as well -don't focus on sales, educate clients.
"Make passion your competitive advantage".

[Max Ming @m_ming16]

Good point. We see this when DIY investors are looking for retirement income planning...what happens if/when the "financial spouse" no longer has the capacity to make decisions?

[Cody Garrett, CFP®️, CFT™ @MeasureTwiceMNY]

Financial Advisors:

There's no such thing as a "non-financial spouse."

Both spouses care about money, but differently.

[Max Ming @m_ming16]

@jbrendanfrazier Reliability

[Max Ming @m_ming16]

This ⬇️: Simplicity can go a long way

[Mark McGrath @MarkMcGrathCFP]

Most people don't need:

- leverage
- fancy insurance policies
- exotic investment strategies
- tax schemes

They need to:

- increase savings rates
- invest appropriately
- use TFSAs and RRSPs
- pay down debt
- buy cheap term insurance

Do that and you're 90% of the way there.