Mike Murtha

Financial planning

[Mike Murtha @Mikemurtha33]

The Wealthy Barber is coming to the Lindsay academy theatre on October 26. Tickets running out! @wealthy_barber

[Mike Murtha @Mikemurtha33]

@Jeffyyy23 Still have these?

[Mike Murtha @Mikemurtha33]

@kweenbee_100 How could I get them

[Mike Murtha @Mikemurtha33]

@cfcyard_ How much

[Mike Murtha @Mikemurtha33]

@BecoChary How much

[Mike Murtha @Mikemurtha33]

@leigh33045 How much

[Mike Murtha @Mikemurtha33]

@wealthy_barber Ok thanks for clarifying, I am from a small Ontario town myself and don’t invest solely in and single country. Low cost index funds XEQT and now CAGE is all I do. I purchased 3 of your books for others I just prefer to listen myself. So I have been excited for it to come out.

[Mike Murtha @Mikemurtha33]

@wealthy_barber I am disappointed to hear that. I never thought you would bring politics into your message. As someone who only listens to books, If it wasn’t for audible I wouldn’t even know who you are and now I spread your message to everyone.

[Mike Murtha @Mikemurtha33]

@elonmuskelry Hope

[David Chilton @wealthy_barber]

The book is at the printers! Test readers and reviewers LOVE it! Dave will go into studio to tape the audio book in two weeks. Pre-orders for the physical book may open up as soon as this week! By the way, Mo says if Dave waits another 36 years to write the next updated version, it'll probably be gibberish.

[Canadian Tax Guy (Mohammed Al-khooly) @CanadaTaxGuy]

TFSA vs RRSP

Which one is better?

It depends on your tax rates.

- Same tax rate at deposit and withdrawal? TFSA and RRSP are equal.
- Higher tax rate at withdrawal? TFSA wins.
- Lower tax rate at withdrawal? RRSP wins.

But there are other qualitative factors to consider.

[Mark McGrath @MarkMcGrathCFP]

Your portfolio consists of more than your financial assets.

It includes your human capital too.

That's the present value of your future income.

If you work in tech, for example, your human capital is tied to the tech sector.

Diversify your portfolio accordingly.

[Mike Murtha @Mikemurtha33]

@wealthy_barber Please do your own narrating

[Mike Murtha @Mikemurtha33]

@MarkMcGrathCFP @Tawcan It’s the only thing I invest in. XEQT!!!!

[Xtract One @XtractOne]

Employees now carry 8+ electronic items to work daily - each one a trigger for traditional metal detectors. Our latest whitepaper explores how AI-powered weapons detection protects workplaces without disrupting productivity.

Read More: https://t.co/uicPKR0Tey

[David Chilton @wealthy_barber]

Some older investors are going a bit off plan.

[Mark McGrath @MarkMcGrathCFP]

If you have:

- a will and power of attorney
- the proper amounts and types of insurance
- an investment portfolio you're contributing to regularly
- no high-interest consumer debt

You're 90% of the way there and are likely ahead of 90% of people.

[Mark McGrath @MarkMcGrathCFP]

Things you can control:

- your savings rate
- your asset allocation
- diversification

Things you can't:

- inflation
- interest rates
- asset class performance

Focus on what you can control, and don't worry about the rest.