Understanding Home Bias and Risk in Canadian Investment Portfolios

In this episode of Barenaked Money, hosts Josh Sheluk and Matthew Kempton explore the topic of 'home bias' in Canadian investment portfolios. Fresh from a vacation, Matt discusses a recent study that reveals the tendency of Canadian investors to invest heavily in local assets compared to their global counterparts. They delve into the reasons behind this bias, including familiarity and perceived safety, and highlight the risks and reduced diversification from over-concentration in the Canadian market. The discussion also covers the impact of tax benefits, currency considerations, and the importance of a globally diversified portfolio for improved risk management. The episode concludes with a call to embrace diversification to ensure long-term investment success.

00:00 Introduction to Barenaked Money Podcast
00:15 Introducing Today's Topic: Canadian Investment Bias
00:57 Understanding Home Bias in Canadian Investments
01:30 Tax Benefits and Risks of Home Bias
03:02 The Importance of Diversification
08:39 Sector Concentration and Market Risks
17:07 Global vs. Canadian Bonds
25:34 Final Thoughts and Investment Philosophy
26:34 Conclusion and Disclaimer

The Reality of Soft Landings: Myths, Markets, and Diversification Strategies

In this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management, Inc. discuss the concept of a 'soft landing' in the financial markets. They explore the feasibility of maintaining stable economic conditions despite rising rates and inflation. The conversation delves into the performance and risks associated with major stocks, highlighting the dominance of companies like Nvidia. The hosts stress the importance of diversification and caution in portfolio management to navigate potential economic slowdowns. They conclude with advice on maintaining a balanced investment approach, especially given the current market uncertainties.

00:00 Introduction to Bear Naked Money

00:13 Discussing the Soft Landing Myth

01:00 Market Predictions and Economic Outlook

03:13 The Magnificent Seven and Market Risks

03:47 Diversification and Investment Strategies

09:15 Economic Trends and Future Expectations

Estate Planning Mistakes: Common Errors and How to Avoid Them

In this episode of Barenaked Money, hosts Josh Sheluk and Colin White discuss common mistakes in estate planning. They emphasize the importance of having a will, the dangers of procrastination, and the need for regular updates and clear communication. They also touch on complications with executor selection, tax issues, and the pitfalls of overcomplicated wills. The episode offers practical advice for starting conversations with professional advisors and stresses the importance of simplicity and forethought in estate planning decisions.

00:00 Introduction to Barenaked Money
00:18 Estate Planning Mistakes: The Importance of Having a Will
01:54 Procrastination and Estate Planning
10:45 The Pitfalls of a Badly Drafted Will
14:55 Updating Your Estate Plan
18:15 Communication in Estate Planning
26:33 Financial Considerations in Estate Planning
30:18 Conclusion: The Importance of an Estate Plan
32:30 Disclaimer and Closing Remarks