By Control and Compound Financial | BNV Media
The podcast currently has 150 episodes available.
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down the tax changes over the last 9 years in Canada that not only affect small business owners, but also ALL Canadians. Some of the changes made under Trudeau’s Liberal government include slashing the advantage of business owners paying themselves in dividends, changes to the lifetime capital gains deduction, as well as the expansion of the tax on split income. Tune in now, you do not want to miss this one!
Show notes:
00:00 - Introduction
1:15 - The plight of the small business owner in Canada
4:05 - Why aren’t there as many small business owners in Canada anymore?
5:00 - Increased dividend tax rate in 2016
6:00 - Lifetime capital gains deduction in 2017
7:00 - Expansion of tax on split income in 2018
9:00 - Changes to passive investment income rules in 2019
10:45 - The carbon tax in 2019
12:10 - Employee stock option change in 2021
13:25 - Changes to general anti avoidance rule
14:35 - Capital gains tax changes in 2024
16:30 - Small business deduction hasn’t changed since 2015
18:00 - The importance of tax strategy and planning
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On today’s episode, Darren and Christina are taking a deep dive into high cash value life insurance policy loans and how they work within the infinite banking concept. They break down how the loans work, the benefits, how you start one, as well as comparing policy loans to bank loans. Tune in now!
Show notes:
00:00 - Introduction
00:50 - What are policy loans?
1:35 - Benefits of a policy loan
3:15 - How do you initiate a policy loan?
5:00 - Are you paying interest to borrow your own money?
9:20 - How is the loan interest charged?
10:35 - What can you do with the loan?
11:25 - Should you always use policy loans instead of bank loans?
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren is joined by Michael Sarracini, CEO and Co-founder of Keyspire. They chat about how Michael got started in real estate investing, how he was able to scale his business, and what he thinks are the top 3 challenges facing real estate investors today, among other things.
They also chat about the upcoming Keyspire Investor Summit that is taking place in Toronto on September 27th, 28th, 29th! This is the first year the summit is open to the general public and if you haven’t bought your ticket yet, now is the chance! Click the link below to get your ticket now!
GET YOUR TICKETS: https://keyspireinvestorsummit.com/buy-tickets/
Show notes:
00:00 - Introduction
00:30 - How did Michael Sarraci get started in the real estate world
6:00 - How did Michael acquire his first property?
10:20 - How did Michael initially scale his real estate investing business
14:20 - The top three challenges that real estate investors are facing today
18:10 - Where are the opportunities in the market place?
24:55 - What is Keyspire?
27:25 - What is the Keyspire Investor’s Summit and what’s in store for the 2024 summit?
FIND US ON:
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Michael Sarracini is an award-winning entrepreneur & real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education.
Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development & education and adding value to land through strategic partnerships & development.
Michael’s team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth. As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country.
Michael supports his business growth through strong leadership, solid business practices and community involvement. Michael believes in, and invests heavily in, his personal growth & personal development. He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children’s Foundation.
Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend his time with his family: swimming, mountain biking, hiking, BBQing and big family dinners. He also enjoys scuba diving & playing squash.
Michael’s ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are debunking a popular financial myth: buy term insurance and invest the difference somewhere like the stock market. Although there is certainly a time and a place for term insurance, this is NOT the way. Check out the episode to learn why that is and Darren and Christina’s advice for what you should actually be doing instead. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Buy term and invest the difference: what exactly does that mean?
11:05 - The need for term insurance
14:10 - The problem with expired term insurance in retirement
19:15 - Buying term and investing the difference is NOT a real plan
21:10 - When does term insurance make sense?
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are joined by wealth coaches Dan Spry and Connor Eagleson to discuss infinite banking and what made them decide to join the Control and Compound team. Dan speaks on his experience in the traditional banking world and why switching to infinite banking made sense, Connor talks about using infinite banking when his mortgage renewal was coming up and Christina and Darren chat about their biggest takeaways from working with the infinite banking concept over the years. Tune in now!
Show notes:
00:00 - Introduction to our wealth coaches
1:55 - Traditional banking vs. infinite banking
5:30 - Using loans for Bitcoin
9:10 - Using infinite banking to refinance your mortgage
11:30 - Christina’s infinite banking AHA moment
16:55 - Darren’s biggest takeaway from using the infinite banking concept over the last several years
20:05 - What is a SWAN account?
22:20 - Infinite banking answers the questions you didn’t even know you had
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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode it’s the September update, where did summer go?! Darren and Christina chat about the Bank of Canada and where they think interest rates are heading for Q4, the Canadian dollar, economic news including revisiting the capital gains tax, house prices across the country, as well as some interesting life insurance industry news. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
4:20 - Canadian dollar update
5:05 - Economic news
11:00 - Stock market update
11:55 - Bitcoin update
15:40 - Real estate market update
19:05 - Life insurance industry news
22:05 - Control and Compound news
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are pulling back the curtain on 10 myths that you’ve been told by your financial advisor! You’ll be surprised with some of these and we’ve gone over a few in past episodes but some of the myths include average rate of return vs. actual rate of return, having emergency an fund in the form of cash, as well as retiring in a lower tax bracket. If you feel like you’re not getting all the information you need, it’s time to tune in!
Show notes:
00:00 - Introduction
1:55 - RRSP myth
3:20 - Average rate of return myth
7:00 - Accumulation myth
9:25 - Buying cheap term insurance and invest the difference myth
12:05 - Retiring in a lower tax bracket myth
13:55 - Business owners and real estate investors should max out their RRSPs myth
15:30 - Having an emergency account in cash myth
17:50 - High risks for high returns myth
20:00 - Maxing out RRSPs and TFSAs myth
22:25 - Financial advisors being an expert on everything myth
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down corporate investment strategies and how they are taxed inside a corporation including passive income, capital gains, mutual funds, as well as real estate. Stick around until they end where they go over corporate life insurance and why it can be one of the best investment strategies within a corporation. Tune in now!
Show notes:
00:00 - Introduction
1:30 - Personal taxation overview
2:35 - Why do people invest inside their corporation?
4:40 - Passive income recap
9:40 - How is interest income taxed inside a corporation?
11:15 - How are capital gains taxed inside a corporation?
13:05 - Corporate class mutual fund
16:15 - How are dividends taxed inside a corporation?
18:10 - Is anything tax free?
19:00 - How is a REIT counted as income?
20:45 - How is real estate inside a corporation treated?
24:40 - How is Bitcoin taxed inside a corporation?
26:10 - How does corporate life insurance play a role?
29:30 - A closer look at the death benefit
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are back with another installment in the Becoming Your Own Banker series and they’ll be covering page 68. On this page, Nash talks about the cost of financing vs. the cost of acquisition, why it’s so important to know the difference, and of course, how this all applies to the infinite banking concept!
Show notes:
00:00 - Introduction
00:40 - The cost of financing vs. the cost of acquisition
5:45 - Managing and valuing your time properly
11:45 - How this all applies to the infinite banking concept
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren is pleased to be joined by guest Patrick Francey, CEO of REIN Canada and Host/Creator of The Everyday Millionaire Podcast. The two chat about how Patrick got started in entrepreneurship, why it’s important to treat real estate investing like a business, the importance of strong company culture, as well as commentary on certain government policies aimed to alleviate the current housing shortage facing Canadians among other things. Tune in now!
Show notes:
00:00 - Introduction
1:10 - How Patrick got started on his entrepreneurial journey
3:45 - Patrick’s take on mindset
10:10 - Treating your real estate investing like a business
13:10 - The importance of good culture in business
25:05 - Using data to make important real estate investing decisions
30:05 - How effective are government policies that aim to make housing more affordable for everyone?
33:15 - What people should look for in a tenant screening
38:00 - Determining rental demand before investing in a property
45:10 - Advice for a new real estate investor
FIND PATRICK ON:
INSTAGRAM: https://www.instagram.com/pfrancey/?hl=en
LINKEDIN: https://www.linkedin.com/in/pfrancey/?originalSubdomain=ca
WEBSITE: https://theeverydaymillionaire.ca/
X: https://x.com/pfrancey?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
The podcast currently has 150 episodes available.
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