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A weekly reality check on sensible investing and financial decision-making for Canadians. Hosted by Benjamin Felix and Cameron Passmore.

Oct 11, 2018

In Episode 14 of the Rational Reminder podcast we were joined by Martin Parizeau, a retired banking executive with extensive knowledge of Canadian consumer debt, and a PWL client. We discussed the following:


  • The start of the ETF boom
  • When proponents of active management realize they should index
  • Cutting wasteful expenses without sacrificing happiness
  • Pulling off a successful downsizing
  • Housing is not an investment
  • The real cost of owning a home
  • Defining the ideal lifestyle
  • Digging into Canadian consumer debt levels
  • The real debt to income ratio for debtors in Canada
  • Is mortgage debt always “good” debt?
  • The rising cost of debt and its effect on the economy
  • Credit card rates are justified
  • Choosing the right credit card
  • Never pay an annual fee on a credit card
  • The boom-bust lending cycle
  • Bankers saw the financial crisis coming, but had to keep going
  • Focusing on the things that you can control


Ottawa Citizen - Sunday, March 3 2002

Ottawa Citizen article from Sunday, March 3, 2002 mentioned in this podcast.  


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