Oct 21, 2021
Today we welcome Rob Carrick back to the show to talk about a
range of interesting topics, focusing on the Canadian housing
market and some of the recent developments from the banking and
investment space. Rob has such a balanced and measured approach,
qualities that are visible in his long-standing work at The Globe
and Mail. We start today's episode with some fun recommendations of
books and TV content, before diving into the meat of our
conversation. Rob weighs in on the range of perspectives on whether
to rent or buy, offering the assurance that renting is a completely
acceptable way to manage your needs and means. He also comments on
the utility of robo-advisors, the impacts of the recent banking
regulations, and shares his surprise at which of his articles have
proved most popular. We always feel like we should have Rob on the
show more often, and this episode is such a good argument for that
very idea. So, to hear all Rob has to say, be sure to join us
Key Points From This Episode:
- This week's book and TV recommendations; Impeachment,
Capital, Trillions, and more.
- A call for applicants here at PWL Capital, and some recent
reviews for the show. [0:07:17.7]
- Looking at an excerpt from Azeem Azhar's book, The
Exponential Age. [0:11:45.4]
- A recent study comparing renting and buying in Canada.
- Rob's observations on the new banking rules in Canada and what
they mean for the advisor community.
- Thoughts on trends in the banking space and the roles of
financial professionals. [0:36:07.1]
- Canada's adoption of indexing: measuring the speed of changes
in the country. [0:38:38.7]
- The role of robo-advisors and why Rob believes strongly in
their value. [0:41:48.5]
- Rob weighs in on the debate of buying versus renting property.
- Generational flows of money from boomer parents to millennial
and Gen Y children. [0:50:52.3]
- Rob's message to Canadians feeling like they are stuck renting.
- Some of Rob's most popular articles from over the years.
- Lessons from Sweden's housing market and considering Canada's
possible future. [0:59:03.6]
- A round of Talking Sense cards with Rob dealing with most
prized possessions, lending, and happiness.
- Assessing some of Robert Kyosaki's recent comments on a looming
- The present is exciting in finance; why Rob is enjoying the