DIY Wealth Canada Podcast

They say defense wins championships in most sports, and we believe the same is true in investing. Those who worry about the downside ensure they live to see another day, and investing is all about survival.

This week on the pod Bob and Nelson discuss risk management by pointing out the various things that mostly new investors are doing to try and maximize returns, get rich in a hurry, or to maximize their dividends. Playing defense isn't nearly as sexy as going for the gusto, but it's an important tool for any investor.

As always you can find more Nelson at Canadian Dividend Investing, and Bob's finance-related thoughts live at Tawcan. Bob was traveling when we recorded this one, so we apologize for his end of the recording being a little lower quality.

This is the one y'all have been waiting for.

One of the most common questions we get are about our top portfolio holdings. Readers and listeners want to know what we own and why we own it. This week we pull back the curtain and discuss our top holdings, including detailed analysis on why we've chosen these names.

Don't miss this one and while you're here, hit that subscribe button so you don't miss another episode.

This week on the pod Bob and Nelson tackle one of the biggest financial mysteries for parents, RESPs. We tackle the ins and outs of the accounts, what you can do if your kids don't end up going to university, some more basic RESP strategies, and a whole lot more.

For more on RESPs, check out Bob's massive guide to the account. It'll tell you everything you need to know.

Bob was traveling when we recorded this episode, so his audio quality might not be quite as good as normal.

And, as always, if you'd like more Bob in your life, checkout http://tawcan.com. Nelson's writing can be found at http://CanadianDividendInvesting.com

Dream of throwing off the shackles of your crummy job?

Want to know how much it'll take to never have to work forever?

In this week's episode Bob and Nelson talk about early retirement -- including just how much you'll need (spoiler alert: this question has no simple answer) and the pitfalls of a potential retirement that lasts longer than your working career. A must-listen for any potential early retiree in Canada.

Looking for monthly dividend income? This this episode is for you. Bob and Nelson discuss the pros and cons of monthly dividend stocks, helping listeners decide whether they belong in their portfolio. We then discuss a few of our favourite monthly dividend payers.

If you're interested in a list of monthly dividend paying stocks, Nelson maintains one you can find here:

https://www.canadiandividendinvesting.com/c/monthly-dividend-stocks

This week's episode is for the dividend investors out there! Bob and Nelson discuss a few of their favourite Canadian dividend stocks, but with the important caveat that different investors will have their own favourites based on what they're looking for.

Make sure to give DIY Wealth Canada a follow so you never miss another episode, and check out both http://tawcan.com and http://CanadianDividendInvesting.com for more Bob and Nelson.

This week Bob and Nelson tackle a big mistake we see investors do all the time -- when they take simple ETF portfolios and feel the need to tinker with them, and how the financial industry enables this by creating so many similar products. The result? Portfolios with overlap, extra fees, and just plain underperformance. A must-listen for any ETF investor.

Make sure to give DIY Wealth Canada a follow so you never miss another episode, and check out both http://tawcan.com and http://CanadianDividendInvesting.com for more Bob and Nelson.

This week's episode looks at some of the biggest mistakes both Bob and Nelson have made in their investing journeys. Nelson talks about his past as a (terrible) deep value investor, while Bob's biggest mistake was putting his hard-earned cash into high MER mutual funds. We go over those mistakes, plus many more.

This week on the pod Nelson and Bob talk about the powerful concept of hedging your consumption -- the practice of investing in the things you consume. Examples might be buying shares in your telecom provider, local utility, or bank.

But more importantly, such a strategy really helps mentally. Tune in to hear what we mean about that.

This week Bob and Nelson tackle one of Nelson's biggest pet peeves: income investing. We discuss the differences between income investing and dividend investing, two very different things that many think are quite similar. We dive deep into how income investing works, and how many of the enticing yields offered come with some pretty big red flags.