Monthly Archives

October 2016

Chess vs. Rock, Paper, Scissors – Which Investment Game are you Playing?

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Chess vs. Rock, Paper, Scissors – Which Investment Game are you Playing?

Chess is similar to investing in that it requires a person to make complicated decisions under conditions of uncertainty and time pressure.

Growing up, my Dad taught me how to play chess and I thought it was a lot of fun.  

Today, I often find myself thinking like a “chess player” when faced with important life or financial decisions.  Chess can be a good analogy for investing, as there are certain tools (i.e. chess pieces or types of investments) that play an important role at different points within a strategy in response to changes to the positions on the chess board.   Read More

Why You Need to Have Financial Perspective Like Byron Wien

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Why You Need to Have Financial Perspective Like Byron Wien

In my recently published #1 Bestselling book, “Smart Risk: Invest Like the Wealthy to Achieve a Work-Optional Life,” I highlight the importance of bringing the right perspective to the financial decision-making process. 

In fact, Perspective is the fourth P (of 5 P’s) in the Smart Risk Roadmap.  

I interviewed several highly successful self-made multi-millionaires to discover the roadmap they used to build up significant net worth in an effort to help everyday people take Positive Action towards achieving financial success on their own terms. Read More

How To Calculate and Plan For The REAL Cost of Your Children’s Education

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How To Calculate and Plan For The REAL Cost of Your Children’s Education

It’s was back to school season for Canadian families in September, and many clients are sending their children to university or college for the first-time. According to Statistics Canada, the average tuition fees are close to $6,000 per year, but additional living expenses easily add up to double or triple that amount. 

A new CIBC poll finds out how Canadian parents plan for their children’s education, how well they know the rules and benefits of RESPs, and how they deal with the sticker shock once they find out about the real cost of their children’s education.  Read More

TEDx Gastown Women Speaker List

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TEDx Gastown Women Speaker List

TEDx Gastown has just announced their list of speakers, and we are thrilled to share that Maili Wong will be one of them! Taking Smart Risk is an idea worth spreading, and we’re thrilled that TEDx feels the same way. Click here to learn about all of the inspiring women who will be taking the stage on October 29th, 2016 at TEDx Gastown Women.